Next braces for £1bn sales hit amid warnings over coronavirus impact

UK retailers, bus companies, publishers and cinema chains all issue warningsThe chief executive of Next has said the British high street is facing a crisis that is “unprecedented in living memory” as it joined a slew of companies warning of the devastating impact of the coronavirus pandemic.Simon Wolfson said Next was planning for up to a £1bn hit to sales in the year ahead as the UK prepares for lockdown to try to slow the spread of the virus. He called on the government to pu