China ‘using Covid cover’ to seize control of Imagination Technologies April 14, 2020 A state-owned Chinese investor is exploiting the coronavirus crisis to seize control of Imagination Technologies, the British chipmaker’s former boss has warned. Sir Hossein Yossaie, who served as chief executive until 2016, has written to ministers urging them to block China Reform Holdings from taking control of the company’s board, Sky News reported. Yossaie also [...]
Coronavirus: Oasis and Warehouse on the brink of collapse April 14, 2020 High street retailers Oasis and Warehouse are reportedly on the brink of collapsing into administration, putting more than 2,000 jobs at risk. The fashion chains are set to appoint Deloitte as administrator as soon as this afternoon or tomorrow, Sky News reported, making them the latest casualty of the coronavirus crisis. The Oasis and Warehouse [...]
UK coronavirus deaths jump by 778 to pass 12,000 April 14, 2020 Another 778 Brits have died to take the UK coronavirus death toll to 12,107 as the daily infection count climbed, official data revealed today. Another 5,252 Brits had tested positive for coronavirus by 5pm yesterday, the Department for Health revealed. England counted another 744 coronavirus deaths today to bring the country’s total to 11,005. London [...]
Ticketmaster sparks controversy with coronavirus refund policy April 14, 2020 Furious fans have hit out at Ticketmaster after the website seemingly changed its refund policy to only cover events that have been cancelled due to coronavirus. The ticketing site previously allowed customers to claim a refund if an event had been cancelled, postponed or rescheduled. But Ticketmaster appears to have quietly altered its terms to [...]
Coronavirus: Don’t be short-sighted on short-selling April 14, 2020 With Covid-19 sending the market into free fall, it seems that regulators across the globe are divided on what to do about short-selling. While some European countries such as Italy and Spain have introduced bans to protect certain vulnerable stocks from predatory hedge funds, others, like the FCA, have ruled out the possibility of a ban. [...]
An open letter: Two things the government must do to save UK charities April 14, 2020 Charities play a vital role in communities across the UK. But at this time of crisis — when they are needed most — many are experiencing a sharp drop in income. This is harming their ability to support people during the crisis and threatens their survival. The government’s £750m package is a welcome first step, [...]
Coronavirus: Don’t let the weather do more harm than good April 14, 2020 With the weather forecast looking good, London’s parks would normally be packed with people enjoying themselves in glorious sunshine. It is of course tempting to go outside, get together with friends or loved ones and enjoy our great open spaces. Unfortunately, however, we are not in normal times. That is why we are asking people [...]
Coronavirus: Tottenham Hotspur Stadium to host NHS maternity services April 14, 2020 Tottenham Hotspur Football Club has offered its stadium as a place to host maternity and antenatal services to allow hospitals to focus on coronavirus. Pregnancy scans, antenatal clinics, a maternal day unit and a range of other services will be available inside the stadium from today. The move allows North Middlesex University Hospital to improve [...]
Deaths in England and Wales hit 16,387 in a week with coronavirus involved in 21 per cent April 14, 2020 Registered deaths in England and Wales hit 16,387 in the week ending 3 April with coronavirus mentioned in 21 per cent of cases, the Office for National Statistics (ONS) said today. The ONS said this was the highest total since it started compiling weekly statistics in 2005. “The 16,387 deaths that were registered in England [...]
Astrazeneca rushes to open coronavirus drug trial April 14, 2020 Astrazeneca is set to begin clinical trials to test its Calquence drug’s effectiveness in the treatment of severe coronavirus patients. The pharmaceutical giant’s shares shot up on the FTSE 100 in early trading after saying it would begin a clinical trial. The trial will seek to assess Calquence’s potential to treat Covid-19 infections. Calquence is [...]