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2020-04-02 20:34:59| Guardian Unlimited Business - more business news

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...

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26.12 Reset Your Portfolio with Tax-Loss Harvesting: The 5 Trades to Make Before January 1st 26.12 Indian IT valuations comfortably priced, downside limited: Deven Choksey 26.12 Who is Tarique Rahman, and why his return to Bangladesh after 17 years is being keenly watched in India 26.12 Myanmar will hold its first general election in 5 years as criticism of military rule mounts 26.12 Bullion hits new peaks: Gold approaches Rs 1.39 lakh, silver surges past Rs 2.32 lakh. Whats ahead now? 26.12 Buy, Sell or Hold: Nuvama bet on Prestige Estates & Brigade Enterprises; Motilal recommends ICICI & HDFC Bank among top picks 26.12 Hindustan Zinc shares in focus as silver prices scale record highs, surge past $75 mark 26.12 Saudi Arabia's draft pesticide regulation proposes heavy fines, jail for making or importing fake products. Check the draft rules More »