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Evening Standard
Evening Standard
Holly Williams

WH Smith cuts sale price of high street business after weaker trading

WH Smith Modella Hobbycraft
WH Smith has been forced to slash the price of its high street business in a last-minute renegotiation after recent trading worsened (PA) - (PA Wire)

WH Smith has been forced to slash the price of its high street business in a last-minute renegotiation after recent trading worsened.

The retailer revealed that, while the sale of the high street chain to Hobbycraft owner Modella Capital completed on Monday, the cash returns from the sale would now be lower than first expected.

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