Use BBC.com or the new BBC App to listen to BBC podcasts, Radio 4 and the World Service outside the UK.

Find out how to listen to other BBC stations

Episode details

World Service,30 Nov 2020,26 mins

Topshop owner Arcadia goes into administration

World Business Report

Available for over a year

Fashion retail empire Arcadia, which also owns Dorothy Perkins and Burton, has gone into administration, accountancy firm Deloitte has confirmed. We talk to Jonathan Eley, retail correspondent at the Financial Times, about what this means for the British High Street and about how its shops and employees will be affected. Also in the programme, hardship may hit millions of Americans if pandemic financial assistance is not replaced. Stephanie Freed is a freelance lighting designer who is out of work and whose additional government funds are due to end in December, and discusses how she has had to rely on savings to make ends meet. Andrew Stettner is a senior fellow at policy organisation The Century Foundation in Washington DC, and explains that if nothing is done now, it could take a month after January's presidential inauguration to get new assistance in place under a Biden administration. And Maya McGuineas of the non-partisan Committee for a Responsible Federal Budget makes the case for a measure of compromise between Democrats and Republicans. Plus, our regular workplace commentator Pilita Clark considers how email etiquette has become more significant during the coronavirus pandemic. (Picture: A Topshop store. Picture credit: Getty Images.)

Programme Website
More episodes