Coronavirus: Moody’s reviews Next for downgrade

// Moody’s places Next’s credit rating from a “stable” status to “under review”
// Next’s rating is on review to downgrade to Baa3 from Baa2
// Moody’s acknowledged Next’s track record of stable profits, strong cash generation & balanced financial policiesCredit rating agency Moody’s has placed Next on review for downgrade amid concerns over how long stores will remain closed and whether consumer demand will recover once the lockdow