London Covid test capacity spikes half a million a month as Prenetics boosts capacity May 13, 2021 Rapid test developer and manufacturer Prenetics has bolstered its London lab network ahead of its partnership with Virgin Atlantic where it will supply passengers with Covid-19 testing. With demand for rapid testing expected to soar in demand now that foreign travel will be allowed from 17 May and online booking platforms reporting a surge in interest for Vitamin D-doused destinations, the [...]
Government calls Sage meeting to discuss threat to UK of India’s Covid-19 variant May 13, 2021 Government calls Sage meeting to discuss threat to UK of India's Covid-19 variant
Hipgnosis bags rock catalogue with Nirvana and Paul McCartney hits May 13, 2021 Music royalties fund Hipgnosis has bought the full rights to producer and mixer Andy Wallace’s catalogue today, which hosts rock icons from Paul McCartney to Nirvana. The London-listed firm has recently gone on a song spree, buying both Dua Lipa and Justin Bieber’s back catalogue just last week. “Andy has shaped the sound of great [...]
75 per cent of nightlife venues face bankruptcy when rent moratorium ends May 13, 2021 There is a £2.5bn pandemic-induced rent crisis brewing in the nightlife industry, according to the Night Time Industries Association (NTIA), which has urged the government today to offer a solution. Rising rent arrears threatens to bankrupt 75 per cent of commercial tenants in the sector, once the government’s rent moratorium ends in July, the nightclubs, [...]
UK’s 12-week vaccine delay could have saved lives, study says May 13, 2021 The UK’s 12-week delay between first and second vaccine doses could have saved more lives, according to a US study published in the British Medical Journal, suggesting other countries strapped for jabs could adopt the strategy. The second shots of the Pfizer, Moderna and Oxford/AstraZeneca vaccines are designed to be given three to four weeks [...]
Booking.com CEO: Business travel will never recover to pre-Covid levels May 13, 2021 The lucrative business travel market, which sees suited and booted executives fly between London, New York, Frankfurt and beyond and bolsters bottom lines at airlines and hotels globally, will never fully recover from Covid.
Boris bad credit score: PM rejects court ruling over £535 in unpaid debt May 12, 2021 Prime Minister Boris Johnson has rejected a court ruling that found he has an unpaid debt of £535. The court records listed Johnson at his official address, 10 Downing Street, according to Reuters today. Johnson’s office have said they will ask for the ruling to be removed from his record as it was “totally without merit”. [...]
Guilty: Two fraudsters caught conning vulnerable victims out of £36m May 12, 2021 After duping vulnerable victims out of £36m, two fraudsters have been convicted today after their ‘boiler room’ fraud operation was foiled. Paul Seakens and Luke Ryan were found guilty at the specialist court Prospero House Southwark on charges of running a business for fraudulent purposes. Seakens was also convicted of money laundering and proceeds of [...]
Boris Johnson confirms working from home advice set to be scrapped on 21 June May 12, 2021 Boris Johnson has confirmed the government will scrap its work from home advice on 21 June if its roadmap out of Covid restrictions goes to plan. The Prime Minister told MPs today that he is confident office working will come back en-masse and that “I think it’ll come back remarkably quickly, but it does depend [...]
City Moves: Who’s switching jobs in the Square Mile this week? May 12, 2021 City A.M.‘s Millie Turner provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email citymoves@cityam.com to be featured. Capital Group strengthens UK sales team Investment firm Capital Group, which has £1.7 trillion assets under management, has expanded its UK financial intermediaries team this week by hiring a new managing [...]