Number of big companies seeking rescue deals doubles during coronavirus pandemic

  • 📰 The Independent
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 59%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

High street retailers and restaurant chains most likely to call for lifelines from creditors

Consultancy firm PwC found that 25 large businesses entered CVAs between January and November compared to 13 in the whole of last year. Three quarters of those were retail, consumer, hospitality and leisure - the sectors hit hardest by restrictions introduced to bring Covid-19 case numbers under control.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 80. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines