Purplebricks receives £34m support as UK property slowdown persists
AI Summary- Sir Charles Dunstone and investors provided Purplebricks’ parent with converted loans and new lending.
- £34m support comprised £25.6m converted loans and about £8.5m in new secured lending.
- Purplebricks said HMRC’s winding-up petition was being withdrawn and overdue 2025 accounts would be filed.