Lockdown extension in December would be ‘disastrous’ for retail sector, experts warn November 2, 2020 An extension of lockdown restrictions into December would be “disastrous” for the struggling retail sector, which will have already missed out on sales at the beginning of the crucial Christmas trading period. In a note to clients this morning, broker Peel Hunt said listed retailers had balance sheets strong enough to handle the November lockdown, [...]
Billions of dollars at stake in White House race betting market as one punter places £1m bet on Biden win November 2, 2020 The 2020 US election is shaping up to be the biggest betting market event of all time, with one player placing a record-breaking £1m bet on a victory for Democratic challenger Joe Biden, betting companies say.
Pubs urge government to reverse ban on takeaway pints during lockdown November 2, 2020 Pubs have called on the government to reverse its decision to ban hospitality venues from selling takeaway pints during the second coronavirus lockdown, saying the move could cause more businesses to collapse. On Saturday the Prime Minister announced that all hospitality venues in England will be ordered to close to dine-in customers on Thursday in [...]
Keir Starmer lashes out at Rishi Sunak over second lockdown delay November 2, 2020 Labour leader Sir Keir Starmer has lashed out at chancellor Rishi Sunak, blaming him for blocking a “circuit breaker” lockdown in September and demanding that he do more to support the economy amid new restrictions.
TfL to review driverless trains as condition of new bailout November 2, 2020 Transport for London (TfL) will have to undertake a review of how to switch to driverless trains as a condition of its new government bailout. Under the terms of the rescue package, which will see the transport network receive £1.8bn in financial support, ministers have set a number of requirements. In addition to the review, [...]
Mesut Ozil joins US venture capital firm Class 5 Global November 2, 2020 Mesut Ozil is moving into the world of investment joining San Francisco-based VC firm Class 5 Global, as he looks to a career beyond football. The Arsenal midfielder joins the firm as a strategic adviser having already been an investor in Class 5 Global, according to Bloomberg. “I am excited to shape and work on [...]
Sadiq Khan pushes for extension on business rates holiday for retail, leisure and hospitality businesses November 2, 2020 London mayor Sadiq Khan has written to the housing secretary Robert Jenrick to request an extension to the business rates holiday for retail, leisure and hospitality businesses, which was due to end in March 2021. In a joint letter with the Chair of London Councils, Khan requested an extension to the rates holiday, which was [...]
Goldman Sachs and Deutsche Bank return London staff to home working November 2, 2020 Goldman Sachs and Deutsche Bank are to return non-essential staff in their London offices to home working ahead of the introduction of a new coronavirus lockdown in England on Thursday. Several major banks had been encouraging staff to return to their London offices in recent months following the relaxation of initial lockdown measures, but news [...]
Johnny Depp lawyers vow to appeal ‘perverse and bewildering’ libel verdict November 2, 2020 Lawyers for Johnny Depp have vowed to appeal a “perverse” ruling after the actor lost his libel case against the Sun newspaper over an article that branded him a “wifebeater”. A judge today ruled in favour of the Sun after a dramatic courtroom showdown that revealed the intimate details of his relationship with ex-wife Amber [...]
Easyjet boss Stelios loses Telegraph libel case over ‘strawmen’ claim November 2, 2020 Easyjet founder Stelios Haji-Ioannou has lost his libel case against the Daily Telegraph over an article that disputed the outspoken founder’s claims about three shareholders. The suit related to an article published in May in which Telegraph journalist Ben Marlow wrote that the budget airline boss was engaging in “increasingly wild conspiracy theories”. The article [...]