A number of British publishing officials have said their financial vulnerability to the failure of Borders UK is quite limited, with Pearson cfo Robin Freestone telling a London media summit “our exposure is very, very low to that Borders UK situation.” Freestone is worried about certain unspecified retailers in other parts of the world, but he is publicly hopeful about the larger American Borders. “The big question mark this time last year was Borders U.S. … I think they’ve come through it. I do sense they’re on the up,” Freestone said. The stock market has remained more doubtful, sending Borders […]
