WACO, you do exactly what the company says it's doing: you sell non-core assets to reduce the debt, cut costs and take action to improve the margins. Lets remember this is not a figure of 1billion in bright red on the profit and loss account at the end of each year. And this debt pile was approved by the group's banks. It consists of several factors: aquisitions, share-buybacks, leases etc... (Some of them now seen to be highly unwise, I accept, but they may well have looked like a good prospect at the time.) Yes, in the current trading environment and the collapse of the share price, that bebt now looks way too big. But the company has already announced it's taking action to reduce it. (If you don't believe it, ask the ladies and gentlemen who are presently at threat of demotion, relocation and redundancy.) And we should also remember that outside the UK the group is doing pretty well in the current climate. (And making a projected gross profit in the UK of some hundreds of millions in the worst trading conditions ever, isn't exactly a mark of a doomed company, is it?)