Coronavirus: Hostel firm Safestay suffers spike in school cancellations March 10, 2020 Hostel operator Safestay has warned that it has suffered a sharp drop in bookings and a growing number of cancellations as fears over the Coronavirus outbreak ramp up across Europe. The firm said that group bookings from schools and colleges have been cancelled. Some countries including Italy have temporarily closed schools to stop the spread [...]
Coronavirus: Rory Stewart cancels London mayoral campaign launch March 10, 2020 Rory Stewart has cancelled his London mayoral campaign launch due to fears over coronavirus. Stewart yesterday criticised the government for not acting “much more aggressively” to stop the spread of Covid-19 and called for all schools to to be closed and all large public gatherings cancelled immediately. Last night, he said it was important for [...]
UK banks announce lending support for coronavirus-hit firms March 10, 2020 Some of the UK’s biggest banks have announced measures to help businesses and customers to cope with the economic impact of the coronavirus outbreak. Britain’s largest high-street lender Lloyds said it would offer £2bn of loans without fees to small firms hit by the virus, and said some of the worst-affected businesses would be offered [...]
British Airways and Ryanair cancel all flights to Italy as travel lockdown extended to whole country March 10, 2020 British Airways (BA) and Ryanair have cancelled all of their flights to and from Italy today after the entire country was placed into travel lockdown as coronavirus continued to ravage its population. BA, which operates 60 routes to the country, had previously cancelled a raft of flights to the north of the country, but has [...]
Ultra’s profits soar after increase in defence spending at home and abroad March 10, 2020 Electronics group Ultra has posted a 113 per cent increase in profits due to new orders. Shares in the company have risen 10.81 per cent as a result to 2,112p. The FTSE 250 listed company released its results for year ending 2019 showing profit before tax had risen to £91m in 2019 from £42.6m in [...]
Your road map to the Isa universe: Make the most of your tax-free allowance March 10, 2020 There are just 27 days to go before the tax year ends on 5 April. For savers and investors, that means there are only a few weeks left to make use of their Individual Savings Account (Isa) allowance. Introduced in 1999, Isas allow people to invest up to £20,000 into savings each tax year, and [...]
John Menzies suspends dividend over coronavirus March 10, 2020 John Menzies will temporarily suspend its dividend for this year after warning of an expected 2020 profit blow from coronavirus. The coronavirus outbreak prompted Menzies to issue a profit warning last month, saying it expects a hit of between £6m and £9m if the outbreak subsides towards the end of the second quarter. The aviation [...]
Sadiq Khan on track for landslide London mayoral election win, says new poll March 10, 2020 Sadiq Khan has extended his lead in the mayoral election race and is on track to score an easy victory, according to new polling. The YouGov/Queen Mary University polling, released today, has Khan in first place with 49 per cent of first preference votes for the upcoming 7 May London mayor election. That is four [...]
Informa delays £400m of events due to coronavirus March 10, 2020 Informa has delayed events representing £400m in revenue until later this year as part of a strategy to cope with the outbreak of coronavirus. The figures The company said this morning that it is not providing market guidance for 2020 due to the unknown impact of coronavirus on the business. However it said it expects [...]
Alex Salmond faces second day of sexual assault trial March 10, 2020 Alex Salmond will face more of his accusers in the second day of his sexual assault trial, after yesterday it was alleged he “pounced” on top of a woman and tried to rape her at the first minister’s residence. The former Scottish first minister has today arrived at the Scottish High Court in Edinburgh, with [...]