Asos

Former Co-op Group boss Richard Pennycook has warned that business rates must be extended to avoid more high street casualties.

Asos has also paid another £65 million for current and pre-ordered stock, but it does not want the 70 shops, which will close with the loss of 2,500 jobs.

Asos is continuing to operate amid the coronavirus outbreak with staff having to work in an "overcrowded" warehouse, writes Joel Hills.