He said the job losses and business closures were likely to be quite substantial for Jersey.

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Department stores like Ito Yokado and fashion retailers Uniqlo have also announced temporary business closures .

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There is clear evidence from Ireland that a blanket ban will result in business closures, job losses, increased levels of crime and a huge hole in central and local government revenue.

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By keeping the worst in business, they avoided the pain of closures, but at the cost of condemning better banks to meagre profits for years.

ECONOMIST: Situation normal | The

The council accepted the closures would cause problems for business.

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But clearly the aim is to show the company is still committed to China, and that any store closures are part of a routine periodic business adjustment.

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The chairman of troubled care home provider Southern Cross has apologised for the "uncertainty and concern" caused by difficulties in the business, but has said that residents should not fear widespread programme of home closures.

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Obviously I think you all understand that the SBA administrator I think today outlined -- well, I know today -- outlined a program for providing assistance to those that -- largely fishermen that as a result of the spill and the closures that have been involved that have -- that it will greatly impact their business at an important time for their livelihood.

WHITEHOUSE: Press Briefing