Future of Patisserie Valerie hangs in the balance

A cloud of uncertainty hangs over Stratford's Patisserie Valerie on Henley Street with the bakery chain believed to be fighting for survival.

Stratford's Patisserie Valerie remains open today, but things are not looking good for the company, after a black hole was discovered in its finances this week.

This morning a statement to the stock market from Patisserie Holdings, the chain's owner,said: "The company has been made aware that Chris Marsh, who is currently suspended from his role as company finance director, was arrested by the police last night and has been released on bail. Further updates will be released in due course as appropriate".