Debenhams to cut 2,500 jobs as high street bloodbath continues

Debenhams chief executive Stefaan Vansteenkiste said at the time: “In these unprecedented circumstances the appointment of the administrators will protect our business, our employees, and other important stakeholders, so that we are in a position to resume trading from our stores when Government restrictions are lifted.

Topshop owner Arcadia ‘could collapse today’ as rescue plans fail – 15,000 jobs at risk

“Should the Company and the Arcadia Group’s efforts to agree an emergency funding package fail and the Arcadia Group enter into administration, the Company would be interested in participating in any sale process,” Fraser Group added in a statement to investors.

Debenhams shops face closure with 12,000 jobs at risk after rescue bid collapses

In a statement to investors, the chain wrote: “JD Sports Fashion Plc, the leading retailer of sports, fashion and outdoor brands, confirms that discussions with the administrators of Debenhams regarding a potential acquisition of the UK business have now been terminated.”

Vietnam among pioneers in application of stem cell therapy to treat autism

Hanoi (VNA) – Vietnam has become one of the pioneers in the world in research and application of stem cell therapy to treat autism spectrum disorder (ASD) following new findings of the research body of Vinmec, a member of VinGroup.ASD characterisations in children is encouraging,” said Prof. MD Anthony Atala, Editor‐in‐Chief of Stem Cells Translational […]

River Island confirms 350 redundancies as rumours swirl over store closures

Chief executive Will Kernan said: “We are now in the process of restructuring our retail teams by simplifying our store management structures. With a heavy heart, I can confirm that these changes will potentially impact up to 350 store management and senior sales roles.”

Debenhams staff ‘in tears after Zoom sacking by manager who then just hung up’

The struggling company is planning on cutting 2,500 jobs as the department store chain battles to survive on the UK high street, and today it emerged they are drawing up contingency plans in the event of liquidation.

Union Cabinet clears DNA profiling bill

The DNA Technology (Use and Application) Regulation Bill, 2018, is the latest version of a Bill that originated as a DNA “profiling” Bill, framed by the Department of Biotechnology. The aim of that draft legislation was to set in place an institutional mechanism to collect and deploy DNA technologies to identify persons based on samples […]

Marco Rubio slams AOC for criticizing Paycheck Protection Program: ‘Work more, tweet less’

“It is important to note that at its current (funding) level, the proposal barely provides enough to fund a second round of Paycheck Protection Program loans, and does not provide sufficient funds to help small businesses, restaurants, entertainment venues, and others to help them weather the second wave,” Rubio said, according to the paper. “It […]

U.S. unemployment claims remain high at 712,000 as coronavirus escalates

Regardless of what happens on Capitol Hill, the promise of a vaccine could help ease the health and economic crises in coming months. In the meantime, with the virus still raging, the economic damage has become increasingly visible. The data firm Homebase reports that its measures of job market health — employees working, hours worked […]

Hairdresser overwhelmed after her clients secretly pay half her rent during lockdown

Becki was brought to tears when she learned it was her loyal clients who had set up a secret Facebook group to help cover her costs before all sending donations at the same time.