Debenhams has confirmed more branches will not reopen after lockdown restrictions begin to ease. The Treasury is understood to be considering lowering the rate to 60 per cent of the wages of British workers, from the initial 80 per cent (£2,500) cap.REVEALED: White de Blasio staffer sparked bitter race row after telling black colleague it was 'negging' and 'confrontational' to bring up race in mayor's speech to mark 100 years since women got the vote Is the UK getting this poor that it cannot support many big shops anymore? A spokesman for Debenhams said: 'We can confirm that despite our best efforts, we have been unable to agree terms with Hammerson on our five stores in its shopping centres, and so they will not be reopening.At the time, the majority of its employees in the UK were being paid under the Government's furlough scheme. Last year, it fell into the hands of its lenders, which comprised a group of banks and hedge funds led by US firm Silver Point Capital. Picture: Debenhams Stores in Birmingham, Croydon, Glasgow, Leicester, and Reading will not re-open after lockdown in a move which could result in 1,400 job losses after the troubled retailer fell into administration. Debenhams has confirmed that another five stores will not be re-opening after lockdown restrictions are lifted. The jackpot is an incredible £60million so get those tickets readyIt was unable to rule out further closures.Gareth Bale's parting message to Zinedine Zidane as star makes Tottenham return"I'm delighted with the progress we are making with our landlord discussions which reflects the pragmatic view the vast majority of them are taking of the current market conditions," Debenhams chief executive Stefaan Vansteenkiste said.Over the past month, Laura Ashley has permanently closed 70 stores, while footwear chain Office has been put on the market by its South African owner Truworths International.Richard Fleming, managing director at Alvarez & Marsal, said government measures have so far saved many brands from immediate collapse.Whatever you're cooking, these are the best induction compatible ranges. However, in April 2020, it was forced to appoint administrators for the second time in a year to protect it from its creditors, as the Covid-19 crisis forced the chain to shut its stores on a temporary basis. Country star John Rich calls Nashville Mayor John Cooper 'the de Blasio of the south' and accuses him of betraying the city after leaked emails revealed officials 'hid data that showed only 22 COVID cases were linked to bars and restaurants'NYTimes 1619 founder slams Trump's plans to introduce a 'patriotic curriculum' at public schools as 'downplaying the legacy of slavery' - after president decried 'toxic propaganda' being taught'We continue to engage in constructive talks with our landlords and have agreed terms on the vast majority of our stores, which we look forward to reopening when government restrictions allow.The retailer said that it had been unable to agree terms with shopping centre owner Hammerson to re-open the branches after falling into administration last month. The struggling department store chain has already announced that 17 of its 142 shops will permanently close. As part of the agreement, the retailer had to close 22 stores in January 2020. It is important that we continue to promote these adverts as our local businesses need as much support as possible during these challenging times.Those ads you do see are predominantly from DEBENHAMS has confirmed three more stores won't reopen following coronavirus lockdown.
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