UK coronavirus: Smiths bolsters production to build 10,000 ventilators March 30, 2020 Engineering group Smiths has ramped up production of its ventilators to produce 10,000 units for the UK government’s fight against coronavirus. Production will increase from hundreds of ventilators per month to thousands to meet the huge demand, after the UK recorded 1,228 coronavirus deaths yesterday. Smiths said talks are ongoing with its supply chain to [...]
COVID-19 – the latest challenge to ‘levelling up’ the UK economy March 30, 2020 | City Talk In uncharted territory … When I flew out of Buenos Aires in late 1990, having ended my stint working as part of a team supporting the economic reform programme of President Menem, I genuinely believed I would never again work in such a severe economic situation like the one Argentina had been in. Prices in [...]
COVID-19 and cyber: Critical actions for employees and business to take now March 30, 2020 | City Talk Recent weeks have been challenging for us all on so many fronts. Most importantly businesses have had to prioritise the health of society whilst doing their very best to keep things on track. Each day has brought new challenges as employees rapidly adapt to new ways of working. How can businesses maintain operational resilience and [...]
Trump extends US coronavirus measures beyond Easter March 30, 2020 President Donald Trump has warned US coronavirus restrictions could stay in place until at least 30 April, extending measures such as social distancing. Trump had previously hinted at relaxing US coronavirus rules by Easter, which arrives on 12 April, to revive the economy. The US now counts 140,000 coronavirus cases, while 2,493 people have died, [...]
DEBATE: Should businesses sign a new ‘social contract’ in exchange for government support? March 30, 2020 Should businesses sign a new “social contract” in exchange for government support? YES, says James Kirkup, director of the Social Market Foundation. Taxpayers are offering unprecedented support to business during this crisis, and will be paying for it for years to come. To avoid a backlash that harms business and the UK economy afterwards, we [...]
A more sustainable capitalism will emerge from Covid-19 March 30, 2020 The main concern that is paralysing the financial markets right now is uncertainty. Investors and the business community are questioning how long this crisis will last, and when consumer and investor confidence will return, with no end in sight. But while none of us can predict the future, when it does return, one possible outcome [...]
These are difficult times — but London is strong, and the City will get through this March 30, 2020 If this crisis has shown us anything, it is that the Square Mile really can keep calm and carry on in the face of adversity. In just over a week, the majority of the City’s half a million employees have adapted to working at home remarkably quickly, thanks to technology such as video conferencing, and [...]
China is using the coronavirus crisis to its advantage March 30, 2020 It is easy to lose your bearings while in self-isolation. Trust me, as I’m into the fourth week of quarantine here in Milan, I entirely understand. But baseline realities matter even more in a genuine crisis. One such truism was put best by John Stuart Mill: all it takes for evil to triumph in the [...]
DEBATE: Does the shift in police attitudes threaten British society? March 30, 2020 Does the shift in police attitudes threaten Britain’s free society after this crisis is over? YES, says Matt Kilcoyne, deputy director of the Adam Smith Institute. Our police keep us safe by consent. Overreach by rogue forces risks more than criminalising vast swathes of our society, it risks the very principle of our civilian police [...]
No laughing matter: The impact of coronavirus on London’s standup comics March 30, 2020 One of the benefits of living in a vibrant metropolitan city like London is seeing live entertainment. For many, the highlight of their week — before the coronavirus crisis — was enjoying standup comedians at pubs, open mic nights and comedy clubs across the capital. As well as being a source of entertainment, live comedy [...]