Coronavirus loan scheme risks ‘wall of redundancies and defaults’ say critics April 7, 2020 The failure of the coronavirus loan programme to help struggling small and medium-sized businesses risks triggering a “wall of redundancies and defaults” say critics.
FCA business plan faces ‘months’ of delays due to coronavirus April 7, 2020 The Financial Conduct Authority (FCA) today warned its business plan could be delayed for months due to the coronavirus pandemic. The City watchdog said the “unprecedented” public health crisis had sparked huge uncertainty, adding that it might be forced to rewrite its plan in the coming months. The stark warning came as the FCA unveiled [...]
FTSE 100 gains cool despite coronavirus cases starting to fall April 7, 2020 The FTSE 100 finished the day up two per cent after cooling gains in US stocks forced the London index down from a three per cent high. However, it still posted its second day of gains as traders became optimistic that Europe could soon relax its coronavirus lockdowns as the rate of new cases slowed. [...]
UK coronavirus death rate spikes as toll rises by 786 to 6,159 April 7, 2020 The number of patients who have died from coronavirus in the UK has risen by 786 to reach 6,159. The figures are a sharp increase on the 439 deaths that were recorded yesterday and mark the UK’s largest rise in daily deaths. As of 9am this morning 213,181 people have been tested, of whom 55,242 [...]
Whatsapp limits message forwarding to fight coronavirus fake news April 7, 2020 Whatsapp will impose a limit on message forwarding in a bid to halt the rapid spread of misinformation about coronavirus on its platform. The social media firm said that when users receive a message that has already been forwarded multiple times, they will only be able to send it on to one chat at a [...]
Coronavirus: Google bans adverts on 5G conspiracy theories April 7, 2020 Google has rolled out new measures to crack down on misleading health claims about 5G and conspiracy theories that the mobile technology is linked to coronavirus. The search giant has banned advertising on search terms and keywords that relate to false information about 5G to prevent profiteering from the public health emergency. Youtube, which is [...]
Coronavirus: Tesco builds NHS staff shop at Nightingale hospital April 7, 2020 Tesco has secured a contract to provide a pop-up shop at a new Nightingale NHS hospital, which is being constructed to treat the surge in coronavirus patients. On Sunday the supermarket began work on the first pop-up store at the National Exhibition Centre (NEC) in Birmingham, which is being transformed into a coronavirus hospital. Tesco [...]
Pub companies urged to help tenants amid coronavirus crisis April 7, 2020 Pub companies have been ordered to do more to support tenants during the coronavirus crisis, after it was revealed that most regulated firms have not offered to waive rents. The Pubs Code Adjudicator, which regulates companies that own 500 or more tenanted pubs in England and Wales, said five out of six firms had not [...]
England coronavirus death toll jumps by 758 to 5,655 April 7, 2020 A further 758 people have died from coronavirus in England, bringing the total number to 5,655. The figures, released by NHS England, mark a sharp increase from the 403 deaths recorded in the country yesterday. It is also higher than the 439 deaths reported across the whole of the UK yesterday. Earlier today first minister [...]
Coronavirus: Global trade offers a route to recovery April 7, 2020 For years now, we have had to put up with endless rhetoric about how political and economic interconnectivity between countries has demonstrably failed to deliver prosperity for all. # Depending on whether you were on the liberal free-trade, or the more protectionist side of the Brexit (remember that) argument, globalisation as we have known it [...]