Redrow furloughs 80% of work force

April 9, 2020
Redrow has furloughed 80% of its staff, with the business also announcing that it has qualified for the government’s Covid Corporate Financing Facility (CCFF), and that arrangements to secure an extra £100 million under its existing credit facility are “progressing well”.Giving an update on measures taken to counteract the effects of the coronavirus crisis, the housebuilder said that currently around ...

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