Out of Covid isolation, Johnson to give press conference today November 26, 2020 PM Boris Johnson will hold a press conference later today to explain local Covid-19 restrictions, Reuters reports, meaning he will emerge from self isolation two weeks after attending meeting with a MPs infected with the novel coronavirus. Downing Street announced on 15 November that Johnson, who was admitted to intensive care in a London hospital [...]
Guarantor lender Amigo flags going concern uncertainty as Covid-19 bites November 26, 2020 London-based subprime lender Amigo reported a 36.5 per cent fall in first half revenues and flagged “material uncertainty” about its future operations, citing worries over the pandemic, complaint volumes and the outcome of an ongoing regulatory investigation. The company, which saw revenues drop to £92.3m over the six months to end-September, also posted a pretax [...]
Boohoo hires retired judge Leveson to oversee supply chain revamp November 26, 2020 Boohoo has appointed retired judge Brian Leveson, who handled the Leveson inquiry, to independently check its drive to improve its supply chain and business practices. In September an independent review found several failings in the online fashion retailer’s supply chain in England, after allegations about working conditions and low pay. The review then set out [...]
The Ferrari 812 Superfast lives up to its name – and then some November 26, 2020 We reckon the Ferrari 812 Superfast has the finest engine of any new car. With 800hp going through the rear wheels, it’s wildly intense.
Give Opportunity this Christmas November 25, 2020 | Sponsored This Christmas City A.M. is once again partnering with Opportunity International, an organisation close to our heart. This brilliant charity helps people all over the world to build and sustain independent, prosperous lives by providing them with access to financial services and training. In doing so they can buy supplies, tools and equipment that will [...]
British Gas workers turn up the heat on strike threat for up to 20,000 staff November 25, 2020 British Gas workers have cranked up the heat on potential strike action over the Christmas season unless it “takes the gun off table’, the GMB trade union has said. Thousands of GMB union members will vote on industrial action in a ballot opening on 1 December, which could see engineers refusing to fix British Gas [...]
Price of body bags up 1310 per cent: Initial govt mistakes cost taxpayer extra £10bn November 25, 2020 Inadequate stockpiles of personal protective equipment (PPE) led to the government spending approximately £10bn extra procuring additional items, a report by the National Audit Office (NAO) has found. Demand for PPE soared in England from March 2020, when NHS, care workers, and key workers in other industries started to require protection from the Covid-19 virus. [...]
Love rats: London’s rodent population booms as lockdown silences urban areas November 24, 2020 Quietened urban areas as a result of coronavirus restrictions have helped the population of rats boom by 30 million in one year
Compass Group returns to profit in Q4 following ‘challenging year’ November 24, 2020 Compass Group has made an operating profit of £561m in 2020 after a difficult year that saw parts of the business closed due to the coronavirus pandemic. The catering giant 2020 operating profit was down on last year’s £1,852m. Nearly two-thirds of Compass Group’s revenue came from north America. The group was able to return [...]
Boris Johnson tells officials there is ‘no place for bullying’ in government November 23, 2020 Boris Johnson has told officials today that there is “no place for bullying” in government in a bid to calm tensions after a report found Priti Patel had bullied civil servants. Johnson wrote to cabinet ministers and top civil servants today to say ministers had a “duty” to stop bullying, while also stressing the importance [...]