Martin Lewis: Can you get a refund from a company in administration or closed explained

The viewer asked Martin Lewis a long and complicated question. She asked if she was able to get a refund for faulty furniture from a company that has gone into administration.

Many companies are going into administration what with the coronavirus crisis.

Sadly, Martin’s advice could be useful to many in the coming months.

Martin has been offering coronavirus advice tirelessly throughout lockdown.

He answered another caller’s question recently about rent. 

John Lewis is closing eight more stores in the UK, it has been revealed. 

It said the eight shops were already “financially challenged” before the pandemic, which has ramped up the shift towards online shopping.

The group estimated that between 60 percent and 70 percent of John Lewis sales are set to be made online this year and next, compared with 40 percent before the coronavirus crisis.

The closures will see 1,300 jobs axed.

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