Architect of Sweden’s no lockdown coronavirus strategy says country should have done more to protect citizens June 3, 2020 The man behind Sweden’s no lockdown coronavirus response today said the country could have done more to lessen the country’s death rate. Nearly 4,500 Swedes have died during the pandemic, a higher mortality rate than in neighbouring Finland, Norway and Denmark, and criticism has been growing over the government’s decision not to impose a strict [...]
Italy opens borders to European tourists as coronavirus lockdown lifts June 3, 2020 Italy has reopened its borders and lifted restrictions on domestic travel, offering some hope for the country’s vital tourism industry. Travellers from within Europe will be able to enter Italy without going into quarantine from today. International flights will land at Milan, Naples and Rome airports. Italy, which has reported more than 33,000 deaths related [...]
Tui and Boeing agree 737 Max grounding compensation June 3, 2020 Holiday operator Tui has reached a compensation deal with Boeing that includes slower delivery of the aircraft maker’s grounded 737 Max planes, bolstering its balance sheet during the coronavirus crisis. Tui’s earnings have been hit by the extended grounding of the 737 Max, and today said Boeing would pay compensation to cover “a significant portion” [...]
UK coronavirus death toll rises by 324 to 39,369 June 2, 2020 A further 324 people have died with coronavirus in the UK, bringing the death toll to 39,369, according to figures released today by the Department of Health. As of 9am this morning, 135,643 tests were carried out or dispatched with 1,613 positive results. However, the number of people tested was unavailable again, according to the [...]
Government mulls relaxing 14-day quarantine measures June 2, 2020 The government is considering relaxing its blanket quarantine measures for incoming travellers to the UK, it was reported today. Under the current proposals, all those who enter the UK after 8 June will have to quarantine for 14 days at a fixed location. In England, there will be random spot checks and police will be [...]
Coronavirus will increase investors’ appetite for sustainable strategies – and accelerate major changes in the way capital is allocated June 2, 2020 | City Talk The relative resilience of ESG strategies through the recent market rout could mark a watershed moment for sustainable investment. Fleeting trends are usually the first to be abandoned in the heart of the storm. This simply hasn’t happened with ESG strategies. In fact, quite the opposite, with many funds charting inflows through Q1 2020. Cynics [...]
Restarting and building a resilient recovery June 2, 2020 | City Talk COVID-19 continues to create a unique set of challenges for business and society. I think it’s important, as we wrestle with those challenges, that we continue to acknowledge that we’re all experiencing this crisis in different ways and on different timelines. The way EY has been advising businesses to manage and respond to COVID-19 is [...]
Spectator to return furlough money as sales hit 87,000 June 2, 2020 The Spectator today said it will return the money it used to furlough staff to the government after a rise in sales helped bolster the company’s balance sheet during the Covid-19 crisis. The weekly magazine said that while it had suffered a hit to revenue from advertising, events and newsstand sales as a result of [...]
UK statistics watchdog hits out at government use of coronavirus testing data June 2, 2020 The head of the UK’s statistics authority has written to health secretary Matt Hancock criticising the government’s use of data related to its coronavirus testing programme. In an open letter, the UK Statistics Authority chairman Sir David Norgrove said that the way the data was being analysed and presented had “limited value”. He wrote: “The [...]
Vodafone offers six months’ free broadband to small businesses June 2, 2020 Vodafone today said it will offer six months of free broadband to small business customers in a bid to help firms return to work following the Covid-19 crisis. The telecoms group will make its business broadband package free for six months with unlimited usage, while the package also includes six months of Microsoft 365 business [...]