Laura Ashley to file for administration as coronavirus takes toll

Fashion and furnishings firm says rescue talks were thwarted by outbreakCoronavirus – latest updatesSee all of our coronavirus coverageLaura Ashley is to file for administration as the embattled fashion and furnishings firm said rescue talks had been thwarted by the coronavirus outbreak.The move comes only days after reports that the company, which operates more than 150 British stores and has 2,700 employees, was seeking a £15m emergency loan by the end of the month, without which i