Rent-to-own firm Brighthouse is on the brink of collapse with more than 2,400 jobs at risk amid coronavirus crisis Thousands of jobs at risk as Brighthouse struggles under coronavirus lockdown Firm, which has 240 stores across Britain, could hire administrator by Monday It would join Flybe and Laura Ashley as companies buckling under pressure Coronavirus … Read more
Chiquito set to become the first big coronavirus casualty in the restaurant sector with 1,500 jobs at risk By Daily Mail City & Finance Reporter Published: 21:51 GMT, 26 March 2020 | Updated: 21:51 GMT, 26 March 2020 Chiquito was on the brink of collapse last night – making it the first big coronavirus casualty … Read more
Online shopping meltdown: Supermarket delivery system appears close to collapse as stores struggle to cope with deluge of orders during coronavirus crisis Daily Mail survey found no delivery slots available from any mainstream stores No orders could be placed from Tesco, Asda, Sainsbury’s, Morrisons, Waitrose and Ocado Boris Johnson suggested locked-down Britons should arrange food … Read more
Shopping centre owners and other property firms warn they face collapse without support to replace lost rental income By Daily Mail City & Finance Reporter Published: 01:21 GMT, 25 March 2020 | Updated: 01:21 GMT, 25 March 2020 Shopping centre owners and other property firms have warned ministers that they face collapse without support to … Read more
Ministers move to ‘renationalise’ rail network: Government steps in to underwrite train firms amid fears coronavirus crisis could mean key services collapse The Department for Transport (DfT) is suspending franchises for six months Figures showed passenger numbers have fallen by up to 70 per cent Transport Secretary Grant Shapps said it would help rail staff … Read more
Fashion and homeware chain Cath Kidston warns of collapse putting 800 jobs at risk By Daily Mail City & Finance Reporter Published: 21:50 GMT, 22 March 2020 | Updated: 22:24 GMT, 22 March 2020 Cath Kidston is looking for a buyer to save the business and up to 800 jobs just days after Laura Ashley … Read more
House prices could collapse by as much as 20% amid coronavirus crisis The stock market is already pricing in a 12 per cent fall in house prices That would knock £28,000 off the average £234,700 selling price A fall of 20 per cent would knock £46,900 off average prices Coronavirus symptoms: what are they and … Read more
Laura Ashley in race to secure rescue deal and stave off collapse amid fears for 2,700 jobs as deserted high streets hit the business hard Fashion house Laura Ashley is racing to secure £15million cash-injection deal Company warned spread of coronavirus could keep shoppers off high street It has struggled to find favour with customers … Read more
America’s doctors are afraid of the ‘tremendous’ strain the coronavirus pandemic is going to put on the country’s healthcare system and are warning that as many as 500,000 people already have the virus. As of Saturday morning, there were more than confirmed 2,200 cases of COVID-19 in the US and 50 people had died from … Read more
Airlines face collapse if coronavirus pandemic lasts another two to three months, experts warn By Daily Mail City & Finance Reporter Published: 21:51 GMT, 13 March 2020 | Updated: 22:02 GMT, 13 March 2020 More airlines face collapse if the coronavirus pandemic lasts another two to three months, experts have warned. The chief executive of … Read more