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Who survives the lockdown economy?
The promise of a vaccine has meant a prospect of recovery, but the financial and economic troubles now run deeper due to the second lockdown, national tier system, and financial uncertainty from no-deal Brexit. Laura Miller asks which types of businesses survive in these circumstances and why.
Coronavirus-induced failure is stalking the heartlands of British business and no company is completely safe.
The collapse of Highstreet titans Arcadia, at more than UK 500 stores the biggest British corporate scalp of the pandemic, plunging 13,000 employees into job uncertainty, followed swiftly by Debenhams and 12,000 more jobs, is emblematic of how the virus is reshaping economies in countries it has swept across.