Burberry cuts salaries and refuses to furlough staff

// Burberry cuts directors’ pay by 20% to save money for charity
// The retailer said it will not use the government’s coronavirus job retention schemeBurberry has temporarily axed its directors’ salaries by 20 per cent and said it will not rely on the government’s coronavirus job retention scheme for employees unable to work due the Covid-19 pandemic.
The luxury retailer’s chief executive Marco Gobbetti announced on Friday that he and the rest of the board of