Coronavirus: Spain cases surge to 25,000 as country suffers biggest jump in daily deaths March 21, 2020 Spain has seen a 25 per cent rise in the number of coronavirus cases in just one day. It was confirmed on Saturday that almost 5,000 new people tested had positive for Covid-19 to bring the total number of coronavirus cases to 24,926, according to the country’s health minister. Spain also saw its biggest jump [...]
European Union to suspend bloc’s budget rules in order to fight coronavirus March 21, 2020 The European Union has formalised an agreement reached by the bloc’s finance ministers earlier this month to suspend EU budget rules. The legislation placed limits on government borrowing but its suspension will now give countries a free hand in fighting the coronavirus. The European Commission proposed late on Friday to activate the “general escape clause” [...]
‘You are not invincible’: WHO chief sends stern coronavirus warning to young people March 21, 2020 The World Health Organisation director-general has warned young people they are “not invincible” to the threat posed by coronavirus. In a stern warning, Dr Tedros Adhanom Ghebreyesus said that Covid-19 could still hospitalise or kill young people, despite older and more vulnerable people being most affected. Speaking at an online news conference from WHO headquarters [...]
Coronavirus wage bailout: Government to cover 80 per cent of workers’ salaries up to £2,500 March 20, 2020 The government will pay up to 80 per cent, or £2,500, of the salaries of British workers hit by the UK coronavirus crisis in a huge wage bailout. Chancellor Rishi Sunak announced the extraordinary measures today after Prime Minister Boris Johnson ordered all pubs and restaurants, cafes and gyms to shut their doors tonight and [...]
GBP / EUR update March 20, 2020 | City Talk As everywhere across the world, everything in the UK has been accelerating at pace and the pound has paid the price. Whilst not always at the bottom of the pile, sterling has been struggling and hit a 35-year low against the US dollar. Measures to address all aspects of the crisis were well-received by investors [...]
Coronavirus: Marks & Spencer warns on profit as it considers store closures March 20, 2020 Marks & Spencer issued a coronavirus-related profit warning today and alerted investors it may close stores temporarily amid the UK’s Covid-19 outbreak. Its clothing and home divisions have suffered a big hit already from the UK coronavirus crisis, Marks & Spencer warned. As a result profit could fall below expectations of £440m to £460m. “The [...]
Deutsche Bank warns of material impact from coronavirus pandemic March 20, 2020 Deutsche Bank has warned that the economic fallout from the coronavirus pandemic may affect its ability to meet financial targets as the lender undergoes a radial overhaul following years of losses. The warning is the first time Germany’s largest bank has publicly expressed concerns over the impact of the outbreak, which has disrupted Deutsche’s operations [...]
Doom Eternal review: Ultra, ultra violence has never been so much fun March 20, 2020 A 2014 study by scientists at Stetson University in Florida suggested that, rather than act as a predictor of violence in real life, violent video games may actually have the opposite effect, making people less likely to carry out acts of aggression. If that’s the case then the law won’t ever have to worry about [...]
Selling your home? Think twice before dismissing the first offer March 20, 2020 There are numerous examples that I can recall where we have received a good offer for a property very soon after bringing it to the market, sometimes in a matter of days – only to have the owner reject the offer on the basis that it has been ‘too quick’. More often than not, this [...]
Labour’s Ian Murray: We need universal basic income to beat coronavirus March 20, 2020 The government must introduce a universal basic income to protect the UK’s most vulnerable workers amid a coronavirus-fuelled economic downturn, Labour deputy leadership contender Ian Murray warned this week. He also called on Boris Johnson to step up measures to protect businesses in the wake of the Covid-19 pandemic – or risk “local community businesses [...]