
Thousands of traditional retail jobs ‘unviable’, Next boss warns
"The joint administrators are in continued discussion with an interested party in relation to the purchase of certain Greensill Capital assets. As these discussions remain ongoing, it would be inappropriate to comment further at this time," the spokesperson added.
Last week, the Office for Budget Responsibility said the economy would recover to its pre-crisis level by the middle of next year, six months earlier than it had previously predicted. Meanwhile, it said unemployment would peak at 6.6%, lower than the 7.5% it forecast...
Last month, Barclays' chief executive Jes Staley said that working from home was "not sustainable". At a virtual meeting of the World Economic Forum, he said: "It will increasingly be a challenge to maintain the culture and collaboration that these large financial...