Security officials launch review into Huawei role in 5G network May 25, 2020 Security officials have launched a review of Huawei’s involvement in Britain’s 5G network after fresh US sanctions. The US commerce department earlier this month said it would extend the sanctions to require licences for sales to Huawei of semiconductors made abroad with American technology. The UK government has since confirmed that the National Cyber Security [...]
Project Birch: Government prepares rescue plan for largest British firms May 25, 2020 The Treasury has indicated it is prepared to rescue large British firms severely hit by the coronavirus crisis under its “Project Birch” bailout plan. It follows indications that a number of big British companies are seeking government aid to navigate through the crisis. These include Jaguar Rover, which is reportedly in talks with the government [...]
Aston Martin’s chief executive ousted as part of management shake-up May 24, 2020 Aston Martin chief executive Andy Palmer is reportedly set to be ousted from the role as part of a management shake-up. The luxury carmaker confirmed it is reviewing its management team. It will name Mercedes-AMG chief executive Tobias Moers as Palmer’s replacement in an announcement tomorrow, the Financial Times reported. Palmer had not been informed [...]
Government to open England schools on 1 June as lockdown eases further May 24, 2020 Boris Johnson has announced that English primary schools will be instructed to open on 1 June children in reception, year one and year six as a further easing the coronavirus lockdown. Johnson said at today’s press briefing that there would be a phased re-opening of schools, with some secondary pupils to go back to school [...]
UK coronavirus death toll rises by 118 to 36,793 May 24, 2020 The number of coronavirus deaths recorded in the UK has risen by 118 to 36,793, the prime minister announced today. Speaking at the daily government press conference, Boris Johnson said that “each of those fatalities represents a family in mourning, the grief of friends and relatives”. 110,401 tests were carried out yesterday, he said. There [...]
Boris Johnson backs Dominic Cummings over lockdown travel row May 24, 2020 Boris Johnson will not sack chief adviser Dominic Cummings for allegedly leaving London twice to travel to Durham during coronavirus lockdown. Speaking at today’s press briefing, the Prime Minister said Cummings acted “legally and reasonably” when he drove to Durham during the lockdown and that “his objective was to stop the spread of the virus”. [...]
Boris Johnson will lead daily press conference amidst Dominic Cummings saga May 24, 2020 Boris Johnson will lead today’s daily press briefing at 5pm as calls continue to grow for his chief adviser Dominic Cummings to resign. Johnson has so far stuck by Cummings despite mounting pressure from a group of Tory backbenchers for allegedly travelling from London to Durham twice during the coronavirus lockdown. A joint investigation by [...]
Coronavirus: Pizza Express could permanently close some restaurants May 24, 2020 Pizza Express could be forced to permanently close some of its 470 UK restaurants after the coronavirus crisis heaped pressure on the debt-laden firm. The casual dining chain, which is owned by Chinese private equity firm Hony Capital, is reportedly mulling a company voluntary arrangement (CVA), which would allow it to shutter some or all [...]
Lufthansa to resume flights to 20 more destinations next month May 24, 2020 German airline Lufthansa will resume flights to 20 destinations next month, including some holiday hotspots, the company announced today. The airline, which is in talks with the German government over a £8.1bn bailout, will resume flights from mid-June, with Mallorca, Crete, Rhoades, Faro, Venice, Ibiza and Malaga among the destinations. The flights will operate from [...]
Car rental firm Hertz files for US bankruptcy protection May 24, 2020 Car rental firm Hertz has filed for bankruptcy protection in the US after the coronavirus pandemic caused demand to collapse. The firm, whose largest shareholder is billionaire investor Carl Icahn, said the “sudden and dramatic” impact of coronavirus on travel demand had caused a “abrupt decline” in revenue and future bookings. A large portion of [...]