Marks & Spencer has confirmed that it will access UK government funding to keep going during the COVID-19 pandemic.
The company says it is planning for its clothing and home business to be severely constrained during lockdown, and that food trading has been adversely affected due to the closure of cafés and slowdown in travel and some city centre locations.
Ian Guider, markets editor of the Business Post, brought us this story and more in our daily business update, including:
- Aer Lingus owner IAG says return to 2019 passenger levels will take 'several years' after COVID-19 pandemic
- Liberty Insurance to give premium rebates of €5 million to customers in Ireland due to COVID-19
Listen to the interview in full by pressing the play button on this page.
