Arcadia: Topshop owner faces collapse within hours

“Our offer would allow you to retain employment for many thousands of your staff, reopen hundreds of stores when the current lockdown ends, and protect the financial positions of thousands of members in your pension schemes,” a letter addressed to Arcadia Group executives, and seen by the BBC, said.

Recent Posts

Firms warn time is running out to save UK economy

The energy price cap, which limits how much suppliers can raise the cost of household bills, went up to an unprecedented £1,971 in April for the typical household. This was a rise of about £700, and the cap is expected to rise by a further £800 a year in October.

read more

Heathrow Airport announces more flight cancellations

British Airlines said "a handful" of their flights are affected, Virgin Atlantic said one of their Heathrow to New York return services has been cut in each direction, with Air France, KLM, American Airlines, Delta Airlines, Lufthansa, Aer Lingus, Brussels Airlines...

read more