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Tag: considers

Sunak considers £500 vouchers for all UK adults to spend in Covid-hit firms | Politics

Radical plans to give all adults £500 and children £250 in vouchers to spend in sectors of the economy worst hit by the Covid-19 crisis are being considered by the Treasury. The proposals, drawn up by the Resolution Foundation think tank, which has had recent talks with the Treasury about its ideas, are aimed at …

Sunak considers £500 vouchers for all UK adults to spend in Covid-hit firms | PoliticsRead More

UK government considers forcing non-essential shops to close – reports | Business

The UK government is reportedly considering forcing the closure of all non-essential shops in an escalation of measures to try to slow the spread of the coronavirus. It comes as McDonald’s, Nando’s, Costa Coffee, Primark, Debenhams and Waterstones joined the growing list of restaurant chains and retailers closing all their UK outlets as the number …

UK government considers forcing non-essential shops to close – reports | BusinessRead More

Marks & Spencer considers temporary store closures | Business

Marks & Spencer is planning for potential temporary store closures and the pub chain owner JD Wetherspoon warned that sales are plummeting as the coronavirus continues to hammer high street businesses. M&S said it is seeing “substantial declines” in its clothing and home business as shoppers stay at home, and it is redeploying a “significant” …

Marks & Spencer considers temporary store closures | BusinessRead More

VF Corp. considers selling off some brands

Get great content like this right in your inbox. Subscribe The owner of The North Face and Timberland is exploring options for nine of its brands. Apparel giant VF Corp. announced that it is commencing a review of strategic alternatives for the occupational portion of its work segment. VF said that the review is in …

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Shopping centre firm Intu considers cash call amid high street crisis | Business

Intu Properties, the company behind shopping centres such as Lakeside in Essex, has said a cash call could be on the cards after being engulfed by the high street crisis. The heavily indebted shopping centre operator said its like-for-like rental income had fallen by about 9% this year and would fall again next year owing …

Shopping centre firm Intu considers cash call amid high street crisis | BusinessRead More