Britain reports 2020 Citi Sky News Britain

Events start-up Pollen enters administration after raising £124m

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www.nme.com

Sky News, the company – which had secured the money through the UK government’s Future Fund – has been seeking a rescue deal for weeks.

The outlet said yesterday (August 9) that Pollen could go into administration as early as today (August 10) if it failed to do so.Sky News cited city sources who claimed that the hopes of securing a buyer had diminished in recent days.

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