The Sports Direct founder wrote an open letter in which he also criticised his firm’s ‘poor’ communication with staff and the public.
Some company directors have been told they must give personal guarantees to access taxpayer-backed loans.
Senior industry sources say food suppliers were likely to "go down" if payments get withheld from pubs and restaurants.
Coronavirus has seen some firms show their true colours.
The Chancellor’s rescue package essentially turns the government into a payday lender.
The first hour of trading on Thursday will be for the elderly and vulnerable so they can stock up before the shelves clear.
As high street retailers announce redundancies, Amazon says it needs to hire 100,000 people in the US to keep up with demand.
The leading index has seen close to £470 billion wiped off in less than three weeks.
The figures do not take into account the major impact the the coronavirus might have on the British economy.
TheLondonEconomic.com – Open, accessible and accountable news, sport, culture and lifestyle.
Read more
We do not charge or put articles behind a paywall. If you can, please show your appreciation for our free content by donating whatever you think is fair to help keep TLE growing and support real, independent, investigative journalism.
Editorial enquiries, please contact: [email protected]
Commercial enquiries, please contact: [email protected]
© The London Economic Newspaper Limited t/a TLE thelondoneconomic.com - All Rights Reserved. Privacy
© The London Economic Newspaper Limited t/a TLE thelondoneconomic.com - All Rights Reserved. Privacy
© The London Economic Newspaper Limited t/a TLE thelondoneconomic.com - All Rights Reserved. Privacy