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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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10.07Asian currencies gain as dollar weakens, but rupee lags on domestic headwinds
10.07AIFs seek higher cap on inflows from banks, NBFCs
10.07Investors turn cautious on unlisted companies after HDB offer pricing shock
10.07Equity MFs see surge in inflows to Rs 23,587 crore in June
10.07Adani Enterprises' Rs 500-crore NCD issue oversubscribed 3x
10.07State Farm to raise Illinois homeowners insurance rates by 27.2% in August
10.07Holidays to Spain, Cyprus and Turkey soar in price
10.07Package holidays to Spain, Cyprus and Turkey soar in price
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