Morrisons moves to support supply chain through coronavirus outbreak March 13, 2020 Morrisons will make immediate payments to smaller businesses and re-classify suppliers to help 1,000 more firms as it moves to protect its supply chain from the impact of coronavirus. The grocer will temporarily scrap its 14 day payment terms and pay small suppliers as soon as an invoice is received. Morrisons also said it will [...]
Coronavirus: Jubilee Line Tube driver tests positive March 13, 2020 A Tube driver on London Underground’s Jubilee Line has tested positive for coronavirus, Transport for London (TfL) confirmed today. It is the first case of coronavirus to be reported among London Underground workers. Transport for London (TfL) said the affected Tube driver is now self-isolating. A TfL spokesperson said: “A train driver on the Jubilee [...]
St Patrick’s Day: London celebrations canned due to coronavirus March 13, 2020 London’s St Patrick’s Day parade has been cancelled after performers dropped out due to mounting fears over the outbreak of coronavirus. Mayor of London Sadiq Khan said this morning that key performers were no longer able to take part in the annual Irish celebration. Khan said he was “incredibly disappointed” that the parade – which [...]
Coronavirus: Just Eat and Deliveroo offer contactless delivery March 13, 2020 Food delivery services have launched contactless delivery options to prevent the spread of coronavirus. Takeaway.com, the Dutch company that recently bought Just Eat, and Deliveroo have both committed to providing deliveries without physical contact. Takeaway said the measure is applicable to all restaurants on its platform throughout Europe. Drivers are being instructed to ring the [...]
Coronavirus: Asian stocks volatile as outbreak fears spread March 13, 2020 Asian stocks plunged overnight following the biggest US and London stock market drops in decades as global panic over the spread of coronavirus increased. Japan’s Nikkei is down 6.08 per cent this morning, after dropping as much as 10 per cent overnight. Hong Kong’s Hang Seng is down 2.82 per cent, after earlier suffering its [...]
How to lead your business through a crisis like coronavirus March 13, 2020 Leadership, at every level, is about to be tested in a way in which it has never been tested before. We’re now in uncharted territory in the spread of Covid-19. The first thing to accept is that leading in a crisis is very different from leading in normal times. I learned that the hard way [...]
BT chief executive diagnosed with coronavirus but will “work remotely” March 12, 2020 BT boss Philip Jansen has been diagnosed with coronavirus but will continue to work remotely. The telecoms group confirmed that Jansen had tested positive for Covid-19 this afternoon and as a result is in self-isolation. BT said it is now working closely with Public Health England to undertake a full deep clean of relevant parts [...]
Sunak and Carney hold banking summit to discuss coronavirus outbreak March 12, 2020 The Chancellor and the Governor of the Bank of England held a banking summit today to discuss a coordinated response to support small and medium sized businesses affected by coronavirus. Mark Carney and incoming BoE Governor Andrew Bailey outlined the measures that the Bank announced yesterday morning to help mitigate the economic impact of the [...]
How many coronavirus cases does your London borough have? March 12, 2020 Kensington and Chelsea has topped a list of worst affected London boroughs by coronavirus in statistics put out by Public Health England. As of today, there are 19 confirmed cases of the virus in the borough, followed by Westminster with 12 confirmed cases. They are followed by Camden and Southwark on 11 apiece, and Barnet [...]
ECB stimulus measures underwhelms investors disappointed by lack of rate cut March 12, 2020 The European Central Bank has unveiled a fresh stimulus package to help fight the economic impact of the coronavirus pandemic , but markets were left dismayed as the ECB unexpectedly stopped short of an interest rate cut. With millions of European citizens under lockdown and equities across the continent in freefall, the ECB had come [...]