<div>UPDATE 2-UK's Debenhams likely to cut 1,400 jobs as it closes five stores</div> <!-- no image --> <div>* Hammerson fell more than 12% on Wednesday (Adds details on rent payments, background)<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=it56o9ds51M:nEbaF_SeiUw:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?d=yIl2AUoC8zA" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=it56o9ds51M:nEbaF_SeiUw:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=it56o9ds51M:nEbaF_SeiUw:V_sGLiPBpWU" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=it56o9ds51M:nEbaF_SeiUw:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=it56o9ds51M:nEbaF_SeiUw:F7zBnMyn0Lo" border="0"></a> </div><img src="http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/it56o9ds51M" height="1" width="1" alt=""></div> Posted by Reuters