High street brands in fight for survival amid coronavirus fallout

Laura Ashley goes into administration, Mountain Warehouse considers 2,000 layoffs and Carluccio’s warns of major closuresCoronavirus – latest updatesSee all our coronavirus coverageLaura Ashley has collapsed into administration as other well-known high street brands warn of looming jobs cuts and closures due to the coronavirus outbreak.The warnings came as the UK chancellor, Rishi Sunak, unveiled a fresh package of economic measures to support businesses and individuals under financi