Second coronavirus lockdown forces coffee chain Caffe Nero into Voluntary Arrangement

Caffe Nero on the brink of insolvency: Coffee chain blames second lockdown as it becomes latest High Street victim of pandemic The coffee chain was forced to put itself into a Company Voluntary Arrangement Founder Gerry Ford, 62, said second lockdown had pushed the company to act He now hopes to renegotiate rent agreements with … Read more

Jock Zonfrillo put his restaurant Orana into voluntary administration before closing its doors

MasterChef Australia’s Jock Zonfrillo put his restaurant Orana into voluntary administration before closing its doors due to the coronavirus crisis By Mary Mrad For Daily Mail Australia Published: 06:28 BST, 8 October 2020 | Updated: 06:28 BST, 8 October 2020 MasterChef Australia judge Jock Zonfrillo had put his restaurant Orana into voluntary administration one day before … Read more

Sunseekers flock to Barcelona’s beaches despite being told to stay at home in ‘voluntary lockdown’

Barcelona residents flocked to the city’s beaches thereby defying the government’s instructions to stay at home following the Catalan regional government’s decision to go into a ‘voluntary lockdown’.  On Friday, over four million people in the Barcelona metropolitan area, including 1.6million in the city itself, were asked to stay at home unless it is absolutely necessary … Read more

Barcelona in ‘voluntary lockdown’: City’s residents urged to stay home after coronavirus case spike

Barcelona goes into ‘voluntary lockdown’: City’s 1.6m residents are urged to stay home and avoid groups of more than ten after spike in coronavirus cases Regional government stopped short of imposing a mandatory lockdown Authorities said requested measures were to avoid a mandatory lockdown Barcelona residents encouraged to shop online and only leave home when … Read more

Hundreds of royal staff ‘are being axed with up to 250 offered voluntary redundancy’

Hundreds of royal staff ‘are being axed with up to 250 offered voluntary redundancy’ after coronavirus hit tourism income leaving £18million black hole in Queen’s finances The Royal Family are feeling the financial effects of the coronavirus pandemic   Between 175 and 250 royal staff are facing voluntary redundancies this month There are doubts over whether … Read more

BBC invites staff to apply for voluntary redundancy as it attempts to make £125m in savings

BBC invites staff to apply for voluntary redundancy as it attempts to make £125m in savings because of coronavirus pandemic It asked public service staff to make voluntary redundancy expression of interest Lord Hall said delaying means-testing of the free TV licence for over-75s is costly He said it was a ‘significant sum at a time … Read more

Virgin Australia goes into voluntary administration putting 16,000 jobs at risk

Virgin Australia has gone into voluntary administration, putting 16,000 jobs under threat. The airline will be managed by accountants from Deloitte while it restructures and looks for a buyer.  There are fears the restructure will involve scrapping less profitable routes, particularly to regional areas, meaning Qantas will be the only provider and can push up … Read more

Virgin Australia is reported to have been put into voluntary administration

Virgin Australia ‘sensationally collapses into voluntary administration after failing crisis talks failed to save the embattled airline’ – leaving 16,000 employees in limbo Virgin’s board is reported to have put the airline into voluntary administration The airline would not confirm or deny the claim on Monday evening 16,000 jobs at risk however the airline could … Read more

Virgin Australia is expected to collapse into voluntary administration ‘imminently’

Virgin Australia ‘sensationally collapses into voluntary administration after failing crisis talks failed to save the embattled airline’ – leaving 16,000 employees in limbo Virgin’s board is reported to have put the airline into voluntary administration The airline would not confirm or deny the claim on Monday evening 16,000 jobs at risk however the airline could … Read more

Bournemouth boss Eddie Howe becomes first Premier League figure to take voluntary pay cut

Bournemouth manager Eddie Howe becomes the first Premier League figure to break rank and take voluntary pay-cut to his £4m per year wages amid the coronavirus crisis Eddie Howe has decided to take a voluntary pay cut amid coronavirus crisis The Bournemouth boss becomes the first Premier League figure to break ranks Howe earns around … Read more