Nearly 320,000 jobs and 8,815 companies are in jeopardy.
Politicians slammed the brand for refusing to pay their rent and say they’re watching to see if rules need to be adjusted, thanks to corporate rent-dodgers.
The organization has set aside 1 million pounds to help vulnerable businesses with the BFC Foundation COVID Crisis Fund.
Three million applied for jobless benefits last week as lawmakers rush through $2 trillion in aid.
The government has ordered a nationwide lockdown for 21 days beginning Tuesday.
Companies of all sizes will be able to apply for loans equivalent to three months of revenues to tide them over the coronavirus crisis.
The British brand said it had expected to be profitable, and cash generative, in the six months ended March 28.
Eager to help, companies and brands have agreed to mass produce things like face masks, medical overalls and hand sanitizers to stop the spread of COVID-19.
The USTR issued a memo curiously excluding some accessories and textiles from the last wave of tariffs in President Trump’s trade war with China.
The retailer’s stores in the U.K. will close their doors Sunday, March 22, following a worldwide shutdown.
Italy’s prime minister Giuseppe Conte said the measure will be instrumental to fight Italy’s biggest crisis after Second War World.
President Carlo Capasa discussed the exceptional measures needed to fight the exceptional moment determined by the coronavirus crisis.
The spat comes amid growing strain on the logistics chain, as workers in sectors considered essential express concern about their safety.