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The Latest Breaking News from Cineworld

UK inflation ‘to hit 18%’ as energy bills rocket; recession fears hit markets – as it happened

Rising cost of living is “entering the stratosphere” says Citi, which forecasts energy price cap could rise to £5,816 per year in April.

The Guardian - UK

FTSE 100 Live: Inflation set to top 18%, Cineworld updates on debt battle, markets under pressure

More alarm bells were sounded over the state of the UK economy this morning after major investment bank Citi warned inflation could grow to as high as 18.6% next year.

Evening Standard

Cineworld Nears Bankruptcy as Theater Comeback Lags

Cineworld Group PLC, the owner of Regal Cinemas, is preparing to file for bankruptcy within weeks after struggling to rebuild movie-theater attendance from pandemic lows, according to people familiar with the matter.

Bangkok Post

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Community appeals to cinema's owners as 'rare gem' remains closed

Woolton Picture House announced it would reopen in 2022 but it has not happened yet

Liverpool Echo

The Cineworld cinemas in the South West that could be affected by reports of bankruptcy

The chain said that it was 'assessing options to shore up its finances'

Bristol Post

Fears over future of Nottingham Cineworld after reports chain close to bankruptcy

"We will miss it if it does go"

Nottingham Post

Cineworld preparing to file for bankruptcy with 128 UK cinemas at risk of closure

Thousands of jobs in the UK could be at risk after weeks of bad news for Cineworld including a tumbling share price.

Daily Record

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Iconic Edinburgh cinema could be at risk as Cineworld 'prepare for bankruptcy'

Originally an independent cinema, the Edinburgh Cameo venue was bought over in 2012 by the Picturehouse chain, which is owned by major firm Cineworld.

Edinburgh Live

Facing a bleak box office, theater owners struggle under debt loads

LOS ANGELES — The box office bounty of "Top Gun: Maverick" now feels long past for the world's biggest cinema operators.

Los Angeles Times

Cineworld to file for 'bankruptcy' after 'weak' audience numbers

Shares in the cinema chain plummeted by two-thirds within minutes of the news being reported

Liverpool Echo

Cineworld Group reportedly preparing for bankruptcy amid 'weaker than expected' audience numbers

The cinema chain has branches in Newcastle city centre, Boldon in South Tyneside and Dalton Park in County Durham

Chronicle Live

Cineworld bankruptcy reports see cinema chain’s shares plummet

The world’s second-biggest cinema business declined to comment on reports it is preparing to file for bankruptcy "within weeks"

Birmingham Post

Cineworld set to file for bankruptcy 'within weeks' amid 'weak audience numbers'

The chain operates three cinemas in the Glasgow area, including the iconic Renfrew Street multiplex theatre in the city centre, which has dominated the city's skyline since it opened in 2001.

Glasgow Live

Cinema chain Cineworld ‘to file for bankruptcy within weeks’, reports suggest

The company has declined to comment

Nottingham Post

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Manchester Evening News

Cineworld cinemas could be at risk as company 'preparing to file for bankruptcy', according to reports

The entertainment giant's market value has plummeted due to the fallout from the pandemic

Evening Standard

Over a dozen London cinemas risk closure as Cineworld reportedly preparing for bankruptcy

London’s Picturehouse theatres could also be at risk

Daily Mirror

Cineworld: Over 100 cinemas across UK under threat as major chain to file for bankruptcy

The cinema chain Cineworld is preparing to file for bankruptcy. The company currently has thousands of employees and screens in the UK, with over 100 cinemas across the country

Evening Standard

Cineworld shares crash on bankruptcy report

Heavily indebted London based company said to be preparing for Chapter 11

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The Guardian - UK

Cineworld preparing to file for bankruptcy after pandemic rout

London-listed company, which operates 751 sites in 10 countries, has run up debts of more than £4bn

The National (Scotland)

Cineworld 'preparing to file for bankruptcy' following pandemic hit to audiences

CINEMA chain Cineworld is preparing to file for bankruptcy after struggling to rebuild audiences post-pandemic, reports say.

Wales Online

Cineworld Group reported to be preparing for bankruptcy

The move is being investigated in the UK and the USA

Evening Standard

Top Gun hero can’t save cinema sector on his own

Flying through the jet wash of a recession businesses need new ways to attract customers

The Guardian - UK

Cineworld shares halve as cinema chain enters rescue talks

London-listed company blames lack of blockbusters after debt soars to $4.8bn during Covid crisis

Evening Standard

Cineworld blames lack of blockbusters after ticket sales disappoint

‘Top Gun: Maverick’ has been one of the few major releases in the first half of 2022

Birmingham Post

Cineworld warns of low audiences due to 'limited' film releases

The world’s second-largest cinema business said recent admission levels had been "below expectations"

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