Department store Debenhams is on the brink of administration for the second time in a year, the company has confirmed. With 142 stores closed and the majority of the 22,000 staff on furlough, the current owners want to push the business into administration then buy it back debt-free. Debenhams explained: “This move will protect Debenhams […]
Ukrainian firefighters worked overnight trying to put out two forest blazes in the area around the Chernobyl nuclear power station. The area was evacuated because of radioactive contamination after the 1986 explosion at the plant. Ukraine’s emergencies service said one of the fires, covering about five hectares, had been localised. It said the other fire […]
The founder of easyJet has warned that the budget airline will “run out of money by around August”, as he renewed calls to cancel a £4.5 billion order with Airbus. Sir Stelios Haji-Ioannou also called on the company to remove chief finance officer Andrew Findlay. It comes days after the businessman, who holds the biggest […]
