Next 'facing unprecedented' crisis as firms warn of coronavirus fallout

CEO says chain is facing up to £1bn hit as UK retailers, bus companies, publishers and cinema chains issue warningsThe chief executive of Next has warned 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 it was planning for up to a £1bn hit to sales from coronavirus in the year ahead as the UK prepares to lockdown to control t