Coronavirus

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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Covid-19: EWM introduces pandemic clauses into Bonmarché leases

Edinburgh Woolen Mill (EWM) is reportedly introducing pandemic clauses into any new Bonmarché leases it is due to sign with…

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TM Lewin seeks interested buyers

TM Lewin is reportedly in talks with potential buyers in light of the ongoing effects of the global pandemic.  According…

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