THE board at Marshalls plc today revealed that it had unanimously agreed to take an immediate 20 per cent reduction in its remuneration for the duration of the coronavirus crisis.

Marshalls, which is a specialist landscape products group, has issued a further update on the measures it is taking in response to the COVID-19 outbreak.

The statement said: "The group is continuing to monitor the current situation and is taking all appropriate steps to support the long-term interests of the business, its employees and other stakeholders.

"Marshalls has now implemented a detailed operational plan which includes the temporary cessation of certain operations across its manufacturing network. Our operational planning continues to be dynamic and capable of reacting to the changing environment.

City centres have become deserted during the pandemic.

The statement said: "We are closely monitoring cash flows to ensure that the business is in a strong position for eventual recovery. Discretionary expenditure is being controlled and non-essential capital expenditure has been deferred. No actions are being taken at the expense of health and safety."

Marshalls' board to take 20 per cent cut in remuneration during pandemic