Deliveroo debuts dine-in feature for reopening restaurants June 29, 2020 Deliveroo has today announced a new so-called table service feature, which will help restaurants cater to customers choosing to dine in without breaching social distancing measures. Available from 15 July, the tool will let customers browse the menu, order and pay at a restaurant via the Deliveroo app. Deliveroo has said it will not charge [...]
Boris Johnson doubles down on spending plans after coronavirus ‘disaster’ June 29, 2020 Prime Minister Boris Johnson has said he will ramp up unprecedented government spending, as it seeks to mitigate the impact of coronavirus, which has been a “disaster” for the country. Johnson told Times Radio he wants to double down on his plans to increase public investment, and that a return to austerity would be a [...]
Wirecard shares skyrocket just days after filing for insolvency June 29, 2020 Shares in insolvent German firm Wirecard have rebounded more than 200 per cent just days after filing for insolvency. Wirecard, which premiered on Germany’s Dax index with a €24bn valuation in 2018, filed for insolvency last week after auditors found a €1.9bn black hole in its accounts. The payment processor firm first said “fraud of [...]
Exclusive: Joe Allen’s Theatreland brasserie to launch virtual cabaret fundraiser June 29, 2020 It’s the Theatreland institution that has provided late night refreshment to London’s thespians for more than four decades – but like every other restaurant in the capital, Joe Allen’s has been hit hard by the Covid-19 lockdown. But for those missing the theatre, the New York-style brasserie in Covent Garden will be hosting a series [...]
Lessons from the data: How can countries avoid a second Covid wave? June 29, 2020 The Economist Intelligence Unit recently launched an index to rank the quality of the policy response to coronavirus across 21 OECD countries. Countries are assessed against three “quality of response” criteria: number of above-average excess deaths, number of tests, and provision of non-Covid-19 healthcare. Three mitigating criteria adjust scores to take pre-existing risk factors into [...]
Let’s build back green, not grey June 29, 2020 Despite the tragedies of the last few months, we have not been short of the rays of hope and human courage that often come to define crises of these kinds. As cliched as it may now be to say, the weekly showering of applause for our keyworkers shows that even when facing the greatest adversities, [...]
Draper Esprit’s bet on tech pays off as portfolio value jumps 18 per cent June 29, 2020 UK venture capital firm Draper Esprit has invested £90m in the year ended 31 March, increasing its gross portfolio value to £703m. The firm has continued to make investments in key tech sectors already benefiting from historic trends, and which have been accelerated by the coronavirus crisis. The figures Draper Esprit’s gross portfolio value increased [...]
Johnson is ‘asleep at the wheel’, says Labour’s Starmer June 29, 2020 Prime Minister Boris Johnson has been too slow at making decisions during the coronavirus crisis, Labour leader Sir Keir Starmer said today. “I think the Prime Minister has been asleep at the wheel, he has been slow, the comms, the communications has been terrible,” Starmer told ITV. “It began to break down frankly when Dominic [...]
Airbus boss warns production set to fall 40 per cent over next two years June 29, 2020 Airbus boss Guillaume Faury said today that production would drop 40 per cent over the next two years due to the coronavirus crisis, worse than the company had originally suggested. Speaking to German media, Faury said: “For the next two years – 2020/21 – we assume that production and deliveries will be 40 per cent [...]
China has miscalculated — India will be the big winner of this new world order June 29, 2020 My friend, the Indian diplomat and politician Shashi Tharoor, once wisely said: “Everything in India is recycled, even dreams.” And now in our new era, India’s rightful pride in its fabulous history — and perennial fervent desire to return to the top table in global politics — is about to at last be realised. Delhi [...]