‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
Coronavirus: Optimism in financial services craters even before impact of Covid-19 fully felt April 14, 2020 A major survey of the financial services sector showed a collapse in confidence across the industry in March, even before the full force of Britain’s lockdown measures came into effect. The CBI/PwC survey saw only 12 per cent of firms say they were more optimistic about the overall business situation compared with three months ago, [...]
Coronavirus: UK death toll passes 10,000 April 12, 2020 A further 737 people have died from coronavirus in the UK, bringing the total to at least 10,612. In England another 657 patients died from the virus. Earlier today Scotland reported a further 24 deaths, taking the country’s total to 566. Read more: The virus will not over come us, says the Queen Eleven more [...]
Coronavirus: UK commits £200m to Covid fight in developing countries April 12, 2020 The UK government will send £65m to the World Health Organisation as part of a wider financial package designed to stop the spread of the global pandemic in the world’s poorer countries. A further £135m will be distributed to other UN agencies, charities and international organisations. The additional money, which will count towards the UK’s [...]
Coronavirus: Chinese data to show devastating slump April 12, 2020 Analysts are predicting that new data released this week could show China’s first-quarter GDP falling by as much as 10 per cent. With the virus originating in the country, it was the first to be hit by the widespread economic disruption that has become the norm in most developed countries. Speaking to the Sunday Times, [...]
HM the Queen: Coronavirus will not overcome us April 12, 2020 In what is believed to be her first Easter message, the Queen has told Brits that the Covid-19 pandemic will not “overcome us.” In an audio message recorded from self-isolation, the Queen said that “we need Easter as much as ever.” The monarch said that the Easter story could bring hope at a difficult time [...]
Coronavirus: PM Boris Johnson out of intensive care April 9, 2020 Boris Johnson has left intensive care and is in “extremely good spirits,” Downing Street has confirmed in the last few minutes. The Prime Minister remains in hospital, at St Thomas’ in London, where he will receive close monitoring as he makes his recovery from the Covid-19 virus. A spokesman said he was in “extremely good [...]
Coronavirus: What can the Chinese economic experience teach the rest of the world? April 9, 2020 The Coronavirus pandemic has brought unprecedented pressure upon the global economy, yet the length of this paralysis is key to answering many of the questions being asked. Albeit too early to properly assess what effects containment measures – initiated by governments across the world – are currently having, it is likely that these will intensify [...]
Coronavirus: Derby and Guineas Festival fall foul of virus April 7, 2020 The first four Classics of the horse racing season, including the Epsom Derby, will be postponed due to the Covid-19 pandemic. The Jockey Club, which operates the QIPCO Guineas Festival and the Investec Epsom Derby festival, confirmed the news late on Tuesday afternoon but said they were looking for alternative dates later in the season. [...]
Coronavirus: PM Boris Johnson admitted to hospital April 5, 2020 DOWNING Street has tonight confirmed that the Prime Minister has been admitted to hospital after displaying continued coronavirus symptoms. A No.10 spokesman tonight said: “On the advice of his doctor, the Prime Ministerr has tonight been admitted to hospital for tests. “This is a precautionary step, as the Prime Minister continues to have persistent symptoms [...]
Coronavirus: Brockwell Park shut on Sunday April 5, 2020 Lambeth Council last night announced that Brockwell Park would be closed today, expected to be the hottest day of the year so far. “Despite clear advice, over 3000 people spent today (Saturday) in Brockwell Park, many of them sunbathing or in large groups,” the Council tweeted late on Saturday night. “This is unacceptable. Unfortunately, the [...]