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Wed, 25th Mar 2020 07:39
March 25 (Reuters) - Recruiter Staffline said on
Wednesday it expects to reach an agreement with its lending
banks on revised terms to cushion the risk of any potential blow
from the coronavirus crisis.
The recruiter also said the UK government's decision to
postpone VAT for three months and pay 80% of worker wages will
help improve its short-term liquidity and working capital.
(Reporting by Indranil Sarkar in Bengaluru; Editing by Bernard
Orr)
(Sharecast News) - Shares recruiter Staffline were suspended after the close of trading overnight after the company said it was delaying its annual results.
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