CMC Markets flags profit jump amid Covid-19 stock volatility March 3, 2020 Online trading platform CMC Markets today predicted that its full year profit would beat market forecasts amid higher customer trading due to the Covid-19 coronavirus outbreak. Net operating income for the year to the end of March is set to beat the current estimate of £199m to £202.3m. “I am delighted that CMC’s strategy of [...]
No fly zone: As coronavirus fears grow, airlines must brace for the worst March 3, 2020 One of last month’s more outlandish news stories was the report that the coronavirus outbreak had caused an upsurge in private jet inquiries. More wealthy travellers than ever, it seems, are willing to pay thousands of pounds an hour for a plane unto themselves, in an attempt to dodge the risk of getting infected. The [...]
How your old laptop could change a life March 3, 2020 At a late age I found myself homeless. I was homeless for 15 years.” This statement may sound shocking, but for Ann, this was reality — until she became a member of Thames Reach’s Step-Up project. The Step-Up project is a free support service helping low-paid Londoners progress into better paid work. As Dominika Milowka, [...]
Greggs unveils record 2019 results but says storms slowed sales this year March 3, 2020 Bakery chain Greggs today unveiled record results for 2019, but warned that storms hit its sales last month. The baker said pre-tax profit for the 52 weeks to 28 December was £108.3m, up 31 per cent on the previous year. Total sales grew 13.5 per cent to £1.16bn, with like-for-like sales in company-managed shops up [...]
Coronavirus: Boris Johnson to outline UK ‘battle plan’ to combat Covid-19 outbreak March 3, 2020 Boris Johnson is set to unveil a government action plan to outline the UK’s response to a growing number of coronavirus cases across Britain. The Prime Minister will reveal a six-point plan at a Downing Street later today in which he is expected to commit to school closures and event cancellations if the spread of [...]
DEBATE: Could Sir Philip Rutnam’s resignation turn into a major headache for the government? March 3, 2020 Could Sir Philip Rutnam’s resignation turn into a major headache for the government? Eliot Wilson, head of research at Right Angles and a former House of Commons official, says YES. The resignation of Sir Philip Rutnam is not just a spat between a Whitehall mandarin and his minister. Its impact goes much further than that, [...]
We are blind to the soft-left bias across British institutions March 3, 2020 A few weeks ago, I went to an art exhibition at Somerset House called 24/7. Billed as “a wake-up call for our non-stop world”, it promised to explore the many ways in which technology is speeding up our lives. This was, admittedly, something of a busman’s holiday. Back in 2016, I wrote a book called [...]
Cabinet Office opens investigation into Patel bullying claims as new allegations emerge March 3, 2020 Priti Patel faced mounting pressure to resign yesterday after fresh bullying allegations emerged just hours after the Cabinet Office announced it had launched an investigation into mistreatment claims against the home secretary. According to legal correspondence seen by the BBC, a former aide to Patel received a £25,000 government payout after claims she was the [...]
Businesses urged to fight climate change and cut costs March 3, 2020 Businesses will be required to submit data on their carbon emissions, alongside their accounts, for the first time. The Streamlined Energy & Carbon Reporting requirements (SECR) will take affect for 12,000 companies whose financial year’s started on or before 1 April 2019 The government argues cutting the 30 per cent of annual greenhouse gas emissions [...]
Electric chauffeur service Havn launches in London March 3, 2020 An all-electric premium chauffeur service that gives passengers the options to adjust playlists, temperature and chauffeur interaction launches in London today. Havn launches with a fleet of all-electric Jaguar I-PACEs which can be booked via an app or an online portal. The service is backed by Jaguar Land Rover’s investment vehicle Inmotion. Unlike similar ride-hailing [...]