Coronavirus

Oil prices plunge, Virgin Australia could crash land, Nasa robots controlled from the kitchen table

Oil producers in the United States will pay you to take their barrels as global demand has plummeted amid government…

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Companies House suspends strike-offs amid Covid-19 crisis

Companies House has announced it has temporarily paused its strike off process to prevent companies being dissolved amid the Covid-19…

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Customer contracts in a crisis

We lawyers have been asked a lot of questions about contracts in the past couple of weeks. At this point,…

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Joules adds £15m to existing debt facility

British lifestyle brand Joules has announced it has successfully agreed to add £15m to an existing credit facility with Barclays…

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UK retail footfall plummets in March

UK retail footfall decreased by 44.7% in March due to the mandatory lockdown, according to the latest BRC-ShopperTrak footfall monitor.…

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What’s behind the demise of Cath Kidston?

Sadly, the coronavirus pandemic and subsequent shutting of high street stores has compounded the effects on the already struggling retail…

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Coronavirus Job Retention Scheme portal goes live

The portal for the Coronavirus Job Retention Scheme is now live, with the government saying that businesses with validated claims…

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DFS remains ‘confident’ as it plans equity raise

DFS has confirmed that it is in the advanced stages of negotiating an additional debt facility amid the ongoing coronavirus…

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Laura Ashley appoints third administrator amid Covid-19 crisis

Embattled retailer Laura Ashley has appointed a third administrator amid growing pressure from the coronavirus pandemic sweeping the UK. PwC…

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Chancellor extends coronavirus loan scheme to bigger firms

The Coronavirus Large Business Interruption Loan Scheme has been extended to include businesses with turnover greater than £500m. The £330bn…

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