By Daniel Hunter

Game, the cash-strapped video retailer, have seen shares jump 40% on the back of an agreement with their lenders.

The lenders, lead by Royal Bank of Scotland, have agreed new financial terms that will allow Game 'to continue trading'.

Game Group shares plunged by more than a third in November after the retailer cut its revenue forecast.

However, with the new financing agreed Game has predicted an underlying pre-tax loss of £18 million for the year to the end of January.

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