Ceconomy to apply for state-backed loans after Q2 operating loss

FRANKFURT, April 17 (Reuters) – German electronics retailer Ceconomy said it will apply for state-backed loans, suspend rental payments, and put employees on short-time working after the corona pandemic pushed it into an operating loss in the fiscal second quarter. The German retailer said the closure of retail branches in March had caused business to […]

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NHS staff and care workers ‘should get a £29-a-day danger bonus’

Ministers are facing calls to give more than two million NHS and care workers on the front line of the coronavirus battle a danger bonus. The Liberal Democrats are demanding 2.2million key staff get a £29-a-day ‘service reward’, similar to that handed to military on active duty. The policy, which could be backdated to the […]

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