Coronavirus impact assessment: 17 March 2020
On the day that chancellor Rishi Sunak unveiled £330bn of spending to help the British economy through the current coronavirus outbreak, several companies have gone into shutdown. Laura Ashley seems to have hit a permanent roadblock. The cruise liners have seen activities grind to a halt and the current focus for all operators will be on debt management. Can they survive the current crisis intact?
The industry is dominated by two large operators whose combined fleets make up approximately 60% of the global market of approximately 278…
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