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Pier 1 to Permanently Shut Stores After Virus Upends Sale

The retailer filed to begin an orderly wind-down as soon as reasonably possible.

The Treasury and the Bank of England will restrict company payouts for firms seeking taxpayer funds.

The increased cost of the furlough scheme pushes borrowing to a level not seen since wartime.

The F1 and luxury car group may raise money secured against its historic race car collection.

The comments by the head of America's central bank come as the US debates additional relief.

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