Daily Mail owner DMGT predicts coronavirus financial hit as circulation falls March 26, 2020 Daily Mail owner DMGT has warned the coronavirus outbreak will adversely affect business as circulation fell in 2020. The media group said coronavirus has led to limited impact on performance to date. But DMGT has started to see the effects in its events and exhibitions and consumer media businesses. DMGT said financial performance for the [...]
Stocks on course for sell-off despite $2 trillion US Covid-19 relief scheme March 26, 2020 Global stocks are on course for a fresh sell-off, wiping out gains made in the past two days, despite a $2 trillion (£1.7 trillion) coronavirus relief scheme passing the US Senate. The US Senate unanimously passed a $2 trillion disaster aid bill, the largest economic stimulus in American history. Stock markets rallied on Tuesday and [...]
Fitch offers UK firms free ratings to access Covid-19 funds March 25, 2020 Ratings agency Fitch is offering unrated UK firms free ratings so they can become eligible for help from the Bank of England (BoE). The agency is offering a range of products, some free of charge, to help access a BoE facility to support businesses throughout the coronavirus outbreak. “In the current unprecedented and volatile situation, [...]
UK coronavirus home testing kits to be made available ‘within days’ March 25, 2020 Coronavirus home testing kits will be made available in the UK within a matter of days, rather than weeks or months, according to health officials. Professor Sharon Peacock, director of the National Infection Service, told the science and technology committee that 3.5m tests had been bought and would be available “within days”. The coronavirus kits [...]
21-year-old woman reportedly dies from coronavirus in UK March 25, 2020 A 21-year-old woman is reportedly the youngest person with no pre-existing medical conditions to have died after contracting coronavirus in the UK. Chloe Middleton, from High Wycombe, Buckinghamshire, is believed to have died on 21 March. In a Facebook post her mother, Diane Middleton, said: “To all the people out there that thinks it’s just [...]
Number of coronavirus deaths in Spain surpasses China March 25, 2020 A total of 3,434 coronavirus patients have died in Spain, surpassing the number of recorded deaths in China where the outbreak began. As Spain surpassed China’s 3,285 cases, Europe has now become the epicentre of the coronavirus outbreak. Spain has the world’s second-highest tally of coronavirus deaths, just behind Italy, which has recorded more than [...]
Coronavirus: Bellway scraps dividend and warns of ‘substantial disruption’ March 25, 2020 Bellway has warned of a period of “substantial disruption” during the coronavirus outbreak, as it cancels its interim dividend to preserve its balance sheet. Bellway said the coronavirus outbreak had threatened liquidity across the economy and as such, the board is taking immediate action to preserve the balance sheet. The housebuilder’s interim dividend will be [...]
Persimmon cancels dividend and begins shutdown of sites March 25, 2020 Persimmon is the latest housebuilder to cancel its dividend in an attempt to conserve cash as coronavirus uncertainty hits sales. The housebuilder said the period of uncertainty will lead to a delay in the timing of legal completions, a rise in cancellation rates and a material slowdown in new sales for Persimmon. As such the [...]
Researchers launch Covid-19 symptom tracker in the UK March 25, 2020 A symptom tracker app that has been designed to identify the spread of coronavirus has been launched in the UK. The Covid Symptom Tracker asks users to fill in data including age, sex and postcode as well as questions on existing medical conditions. The app is a collaboration between researchers at King’s College London, health [...]
Coronavirus may have infected half of UK population, according to experts March 25, 2020 The coronavirus may have already infected half of the population in the UK, according to researchers at the University of Oxford. The new model suggests the coronavirus was circulating in the UK by mid-January, approximately two weeks before the first reported case and a month before the first death. The study into the infection rate [...]
