Recession ahead, bills unpaid, and Wetherspoon’s panto-villain chairman

Irish Times | Mar 27, 2020 at 6:30 AM
  • The Irish economy will fall into recession this year, shrinking by as much as 7.1 per cent as a result of the coronavirus crisis, the ESRI has predicted.
  • Penneys is withholding rent on its 37 stores in the Republic as part of a wider move by the clothing retailer to suspend payments to landlords during the crisis.
  • British pub chain JD Wetherspoon has suspended payments to its suppliers in the Republic until its pubs reopen after the coronavirus crisis.