US election day as it happened: In Pictures November 4, 2020 Pictures captured of people across the US at polling stations at the end of a bitter and unusual campaign. Almost 100m people already voted by mail-in and absentee ballot, which is 70 per cent of the total vote in 2016. Below we bring to you the best pictures on US election day from across the [...]
Four things to watch as the Bank of England sets interest rates November 4, 2020 The Bank of England’s group of interest rate-setters will announce their latest monetary policy decision tomorrow, albeit virtually. Since the last meeting in September, the government has announced a new month-long lockdown for England amid soaring coronavirus cases. Most analysts expect the Bank to launch more stimulus to support the economy during the winter. Here [...]
How ‘following the science’ has let our country down November 4, 2020 If I were to be diagnosed with a malignant tumour, I would expect my doctors to lay out for me the alternative treatment options, how each would affect my quality of life, its impact on survival or potential cure and, as far as is knowable, all the other potential costs and benefits. I would listen [...]
Lockdown 2.0: A creative destruction revolution, or the death knell of innovation? November 4, 2020 So Boris Johnson has failed to follow his own government’s guidelines on cost-benefit appraisal. Study after study by economists show that the costs of lockdown far exceed the benefits. The NHS — the “envy of the world” — has conspicuously failed to develop sufficient capacity to deal with a second wave, despite having had months [...]
Fish Scupper: EU and EU fail to bridge gaps on fisheries November 3, 2020 The UK and European Union have so far failed to reach agreements on the three most contentious issues in their ongoing trade talks, both sides said. The pair have not been able to reach agreements on fisheries, the so-called level playing field, and settling future disputes between Britain and the EU. Read more: CBI deputy: [...]
Gatwick finance boss takes off for infrastructure provider CityFibre November 3, 2020 Gatwick Airport’s finance chief is reportedly leaving after a decade to join infrastructure provider CityFibre Holdings. Nick Dunn is set to be named chief financial officer of the Goldman Sachs-backed CityFibre next week, according to Sky News. Dunn joined Gatwick from Anglo American in 2010, where he was general manager of corporate finance. Before that [...]
CHEERS: ‘Click-and-collect’ pints allowed during lockdown November 3, 2020 “Click-and-collect” and phone orders of alcohol will be allowed from pubs and microbreweries during England’s second lockdown. Conservative MP Richard Holden tweeted that takeaway orders will be allowed even as pubs and restaurants close in new restrictions. “Delighted to be able to confirm – “Click-and-collect” & phone orders of alcohol will now be allowed from [...]
Ferrari boosts guidance after beating third quarter forecasts November 3, 2020 Luxury carmaker Ferrari has upped its 2020 earnings guidance after beating forecasts in the third quarter with record quarterly volumes, revenues and Ebitda. Chief executive Louis Camilleri said the guidance implied a “very strong” fourth quarter. The company said it expects adjusted core earnings of approximately €1.125bn compared with €1.075-1.125bn previously, assuming conditions are not [...]
Realistic to end new England lockdown in December, says Chris Whitty November 3, 2020 The forthcoming national lockdown in England is designed to reduce Covid-19 transmission rates to the extent that it can end as scheduled on 2 December, chief medical officer Chris Witty said. Speaking to MPs, Whitty said the new lockdown, which is due to come into force on Thursday, could reduce the reproduction (R) number for [...]
US election: America heads to the polls with 100m votes already cast November 3, 2020 WASHINGTON, D.C. – Polls have now opened across the US on election day, with almost 100m votes already cast through mail-in and absentee ballots. The first polls will close at 11pm London time in parts of Indiana and Kentucky, with a stream of states closing their polls every hour from this point onward. Crucially, not [...]