The head of Marylebone Warwick Balfour admitted today that he had 'no idea' whether the property group would be able to meet its end-of-year deadline for selling its assets. The Times

Richard Balfour-Lynn, chief executive, said that although there was still interest in MWB’s assets, particularly its Malmaison and Hotel du Vin chains, the debt market crisis meant he could not predict the outcome of its asset realisation programme.