Billionaire asks government to pay 14,500 employees out of emergency wage schemeCoronavirus latest updatesSee all our coronavirus coverageThe billionaire retailer Philip Green is asking for taxpayer help to prop up his crumbling fashion empire, with 14,500 employees set to be paid out of the governments emergency wage support scheme.Like other fashion retailers, Arcadia, which owns brands including Topshop, Dorothy Perkins and Miss Selfridge, is facing financial turmoil as the lockdown prevents Britons from shopping. The company has already asked landlords for rent cuts and paused payments into its pension scheme. Continue reading...
Tags
up
support
green
philip
Category:
News and Media
Latest from this category |
| 25.12 | Why China, a one-party state, is backing elections in a neighbouring country |
| 25.12 | Explained: Sebi eases norms for duplicate securities, increases limit, and simplifies documentation. 5 things to know |
| 25.12 | Where should you invest Rs 12 crore in real estate in 2026? B.K. Malag explains |
| 25.12 | Why 1020% global allocation makes sense for most Indian investors, Inderbir Singh Jolly decodes |
| 25.12 | Reliance Jio, NSE, PhonePe among top 10 IPOs to watch out for in 2026 |
| 25.12 | Reliance Jio, NSE, PhonePe among top 10 IPOs to watch out for in 2026 |
| 25.12 | Reliance Jio, NSE, PhonePe among top 10 IPOs to watch out for in 2026 |
| 25.12 | Santa rally unwrapped: 12 stocks surge 100%500% since last Christmas |
| News and Media » |
|
All news |
| 25.12 | Why China, a one-party state, is backing elections in a neighbouring country |
| 25.12 | Explained: Sebi eases norms for duplicate securities, increases limit, and simplifies documentation. 5 things to know |
| 25.12 | Where should you invest Rs 12 crore in real estate in 2026? B.K. Malag explains |
| 25.12 | Why 1020% global allocation makes sense for most Indian investors, Inderbir Singh Jolly decodes |
| 25.12 | Reliance Jio, NSE, PhonePe among top 10 IPOs to watch out for in 2026 |
| 25.12 | Reliance Jio, NSE, PhonePe among top 10 IPOs to watch out for in 2026 |
| 25.12 | Reliance Jio, NSE, PhonePe among top 10 IPOs to watch out for in 2026 |
| 25.12 | Santa rally unwrapped: 12 stocks surge 100%500% since last Christmas |
| More » |
|