City sharks’ £3bn bet on the High St crisis worsening
Fatcats aim to profit from struggling retailers
TOUGH TIMES Mothercare shop
CITY fatcats have bet nearly £3billion on Britain’s high street crisis worsening.
INVESTORS borrow shares in a given company from someone who owns them.
The stock is immediately sold on the open market. The investor is gambling on the share price falling – perhaps they think the firm is overvalued or has tough times ahead.
If this happens, the investor buys the stock