EconomySpeeches

Lucy Powell – 2020 Comments on Debenhams

The comments made by Lucy Powell, the Shadow Minister for Business and Consumers, on 1 December 2020.

This is devastating news for the 12,000 employees at Debenhams who are facing a very worrying Christmas, and comes on top of the news that Arcadia has gone into administration.

The Government must urgently set out how it plans to support the people affected by the collapse of these companies, including pressing Philip Green to do the right thing and plug the Arcadia pension deficit.