Stansted Airport set to axe nearly 400 jobs as demand plunges October 7, 2020 Stansted Airport is set to cut nearly 400 jobs following a sharp drop in passenger numbers amid a second wave of the pandemic. The airport’s owner, Manchester Airports Group (MAG), confirmed it will begin discussions with unions on proposals to reduce employee costs at Stansted, Manchester and East Midlands airports. The UK’s largest airport group [...]
US stocks fall after President Trump calls off stimulus talks October 6, 2020 President Donald Trump has called off talks with congressional Democrats on a new stimulus package until after November’s election, sending US stocks sharply lower. Less than 24 hours after being discharged from hospital, Trump said he had instructed his representatives to stop negotiating with the Democrats until after the election. In a tweet the US [...]
Major evacuation from St Paul’s after suspected gas leak October 6, 2020 More than 200 people have been evacuated from St Paul’s Cathedral and surrounding businesses after a suspected gas leak. The London Fire Brigade said it had been called to a restaurant and office block in St Paul’s Churchyard at 1.20pm on Tuesday. The fire service said it believed it had been a gas leak from [...]
GSK antibody treatment trial to move onto next phase October 6, 2020 Glaxosmithkline’s trial of an experimental antibody to treat coronavirus will progress on to the next stage after initial use by volunteers did not raise any safety concerns. The pharmaceutical giant, along with partner Vir Biotechnology, started testing the treatment on early-stage Covid-19 patients in August, hoping to keep symptoms from progressing. The antibody is thought [...]
Software firm SAP urges businesses to spend more with social enterprises diversify suppliers October 6, 2020 Software firm SAP has called on businesses to spend more with social enterprises and “purposeful” suppliers in a bid to promote greater social inclusion. SAP has today launched its “5 & 5 by 25” initiative which targets five per cent of addressable spend with social enterprises and diverse businesses by 2025. Social enterprises are businesses [...]
London house prices: These capital commuter towns have seen the largest rises October 6, 2020 House prices in Greater London have edged higher in the past 12 months even as the outbreak of coronavirus posed fresh challenges for buying and selling property. Figures from Barclays Mortgages’ postcode property index have revealed the postcodes in the capital which have seen the fastest house price growth over the past 12 months. And [...]
President Trump says he will leave hospital tonight October 5, 2020 President Donald Trump has announced he will leave hospital later today and continue his recovery at the White House. The US President took to Twitter ahead of a press briefing by his doctors to announce he will be leaving the Walter Reed medical centre later today and said he was “feeling really good”. His medical [...]
Refinitiv buys the Red Flag Group as it expands due diligence offering October 5, 2020 Data provider Refinitiv is set to expand its due diligence offering as it announces its acquisition of risk firm the Red Flag Group. Refinitiv said it was “expanding its suite of due diligence offerings” with the acquisition of what it described as a “leading provider of workflow, data, due diligence and ratings solutions”. The Red [...]
Dumb Bells: Puregym apologises for slavery workout October 5, 2020 Puregym has apologised “unreservedly” after one of its branches promoted a “slavery” workout to celebrate Black History Month. In a Facebook post the Luton and Dunstable gym said “slavery was hard and so is this” as it shared its “workout of the month”. The gym operator said the post was removed “as soo it was [...]
Bitcoin banking app Mode lists on LSE’s main market October 5, 2020 Bitcoin banking app Mode has started trading on the London Stock Exchange, in the latest sign that life is starting to return to the capital’s IPO market. The UK fintech today listed on the LSE’s main market, raising £7.5m by way of a placing of 15m new ordinary shares. It is considerably more than the [...]
