UK will ask employers ‘to pay 20-30 per cent’ of furlough wages May 23, 2020 The UK has drawn up plans to require employers to cover 20 per cent to 30 per cent of furloughed employees’ wages from August, it is reported. That would help reduce the vast burden of the coronavirus crisis on government finances, The Times newspaper reported. The UK on May 12 extended its job retention scheme [...]
Pressure on Dominic Cummings to quit after reports he broke lockdown rules to visit parents May 23, 2020 British Prime Minister Boris Johnson’s closest adviser, Dominic Cummings, travelled 250 miles from his London home after showing symptoms of coronavirus, breaking the government’s lockdown rules, the Guardian and Mirror newspapers reported on Friday. Cummings, a polarising figure in Britain since he masterminded the successful campaign to leave the European Union in 2016, travelled to [...]
UK arrivals face £1,000 fine if they break two-week quarantine rule May 22, 2020 People arriving in the UK will be fined £1,000 if they refuse to obey a new two-week quarantine rule that will be rolled out to help halt the spread of coronavirus. Home secretary Priti Patel today confirmed that from 8 June anyone arriving in the country will be told to self-isolate for 14 days. Passengers [...]
UK coronavirus death toll rises by 351 May 22, 2020 A further 351 people have died from coronavirus in the UK, taking the total to 36,393. As of 9am today, more than 2.1m people have been tested, of whom 254,195 tested positive, according to the latest official figures. The number is slightly higher than yesterday, when 338 new deaths were recorded. However, it continues the [...]
Which south London pubs are serving pints this weekend? A non-exhaustive list May 22, 2020 The pint. The perfect measure; not too big, not too small. And now available in takeaway milk cartons in a host of pubs across south London. Here’s City A.M.’s very much non-exhaustive list of pubs south of the river that will allow you to have something cold, fizzy and poured by somebody else over this [...]
Covid-19 will change business forever, says Deloitte chief May 22, 2020 The economic and cultural impact of the coronavirus crisis is so severe that it will change business forever, a top Deloitte executive has said. David Sproul, Deloitte’s global deputy chief executive, told City A.M. that rapid changes in working habits and use of technology since the pandemic outbreak would likely never be reversed. “I’m absolutely [...]
Government borrowing hits record £62bn in April over coronavirus measures May 22, 2020 UK government borrowing rose by a record £62.1bn in April alone as the government paid people’s wages and loaned businesses cash to survive the coronavirus lockdown, statistics showed today. Coronavirus measures like the job retention scheme to pay people’s wages and coronavirus loans for businesses pushed UK borrowing to the all-time high last month. The [...]
UK retail sales crash a record 18.1 per cent in April lockdown May 22, 2020 UK retail sales plunged by a record 18.1 per cent during April’s lockdown, data showed today, with clothing sales halving compared to March. Sales of clothes crashed 50.2 per cent compared to March, while retail sales fell almost four times as badly as March’s 5.2 per cent fall, Office for National Statistics (ONS) data found. [...]
Coronavirus measures force UK borrowing up £62bn in April May 22, 2020 UK borrowing rose by £62.1bn in April alone as the government paid people’s wages and loaned businesses cash to survive the coronavirus lockdown, statistics showed today. Coronavirus measures like the job retention scheme to pay people’s wages, and coronavirus loans for businesses of all sizes, pushed UK borrowing to an all-time high last month. The [...]
Government ‘confident’ of NHS contact-tracing app launch despite delays May 21, 2020 Health secretary Matt Hancock today said he was confident the NHS contact-tracing app would be launched by 1 June despite technical issues that have already caused delays. Hancock said the app, which uses Bluetooth to track and trace coronavirus infections, would be in place to allow an easing of lockdown measures without risking a second [...]