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Coronavirus would claim a series of corporate casualties when Brighthouse and Carluccio are about to collapse

Coronavirus would claim a series of corporate casualties when Brighthouse and Carluccio are about to collapse

The coronavirus will claim a series of corporate casualties this week as Brighthouse and Carluccio nearly collapse.

Rent-to-own firm Brighthouse today appoints administrators after the lockdown tipped it over the edge.

And Italian restaurant chain Carluccio’s has teamed up with FRP administrators to ‘consider all options’ in a move that could threaten more than 2,000 jobs.

On the Edge: The Brighthouse rental company appoints administrators after the lockdown tipped it over the edge

On the Edge: The Brighthouse rental company appoints administrators after the lockdown tipped it over the edge

Carluccio’s CEO Mark Jones said his company is “days away from large-scale closings” without state aid, while a group of 38 MPs wrote a letter to Chancellor Rishi Sunak urging him to intervene with an aid package to support the airline industry as travel bans have decimated bookings.

Research by accounting firm UHY Hacker Young found that restaurant bankruptcies rose 10 percent last year to 1,500, while bankruptcies also rose 10 percent to 500.

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