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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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13.12 SBI and PPFAS Mutual Fund among 5 AMCs that had over Rs 10,000 crore cash in their portfolio in November 13.12 SBI and PPFAS Mutual Fund among 5 AMCs that had over Rs 10,000 crore cash in their portfolio in November 13.12 ICICI Pru AMC to Corona Remedies: GMPs suggest up to 63% returns for 15 IPO listings next week 13.12 Bond market steady as RBI rate cut, record-low inflation and liquidity measures shape the fixed income landscape 13.12 Mind Over Money| Salsa, Long Walks & Pickleball: The unusual stress hacks of Deepak Shenoy, Capitalmind CEO 13.12 Political landscape heats up in Bangladesh ahead of elections 13.12 Wall Street ends lower; fears of AI bubble and inflation send investors away 13.12 Pakistans ties with Nordic states touch new low as Norway envoy served demarche More »