Update: Announcement of additional distribution - 31 January 2020

Following the Joint Administrators' announcement dated 7 October 2019, the Joint Administrators have made a further distribution to the subordinated creditor given the progress made in the administration.

£244m on 30 January 2020

This brings the total distributed to date to the subordinated creditor, in respect of its subordinated debt for both principal and interest, to £2,222m.