Arrivals from 30 ‘high-risk’ countries including Portugal and Brazil face hotel quarantine January 27, 2021 Travellers arriving back in the UK from countries with a known risk of new coronavirus variants will be forced to isolate for 10 days in hotels, it was announced today.
EU clears 737 Max for takeoff as Boeing plummets to $13bn loss January 27, 2021 The European aviation regulator has today deemed that Boeing’s 737 Max model is fit to return to service after being grounded for nearly two years. The decision by the European Union Aviation Safety Agency (EASA) came as the aerospace giant posted a mammoth $12.8bn (£9.3bn) operating loss. The twin crises of the grounding and the [...]
Government to investigate Glencore over Chad wastewater spill January 27, 2021 The UK government will investigate a complaint against mining giant Glencore over a wastewater spill in Chad in 2018. According to three human rights groups, which brought the complaint, the FTSE 100 firm “failed to conduct appropriate environmental and human rights due diligence in relation to wastewater leaks and an alleged oil spill at the [...]
Fresnillo forecasts fall in gold production due to landslide January 27, 2021 Precious metals miner Fresnillo today said that gold production would fall over the coming year due to a landslip at one of its mines. The FTSE 100 company said that full year gold output for 2021 was expected to come in at 675 to 725 k/oz. This year the firm reported production of 769 k/oz, [...]
Hinkley Point C delayed by six months due to pandemic January 27, 2021 The start of electricity generation at Hinkley Point C in Somerset has been pushed back six months to June 2026, it was announced today. The project is now estimated to cost between £22bn and £23bn, more than previous estimates of £21.5bn – £22.2bn. French giant EDF, which is building the new nuclear power plant, said [...]
Homeserve appoints ex-DCC boss as chairman January 27, 2021 Homeserve has this morning appointed Tommy Breen as its new chairman, the home improvements firm announced. Breen will replace long-serving Barry Gibson, who has held the role of chairman since 2010. He will step down in May, when Homeserve presents its full year results. Breen, a chartered accountant by training, joins the FTSE 250 firm [...]
Government set to announce £1,500 hotel quarantine policy for UK arrivals January 26, 2021 Government set to announce £1,500 hotel quarantine policy for arrivals
Long-term funding deal for TfL can ‘fuel’ UK recovery, says network boss January 26, 2021 Transport for London’s (TfL) commissioner this morning said that a long-term funding package for the beleaguered transport network could help fuel the UK’s post-Covid recovery. At the moment, the operator is currently being propped up by the second of two six-month bailouts worth a combined £3.3bn from the government. But come 31 March, TfL will [...]
Hotel quarantine for all could cost the UK half a billion a day, tourism body warns January 26, 2021 A global tourism body has warned that the UK economy could risk losing £548m a day if all incoming travellers are made to quarantine in hotels. The World Travel & Tourism Council (WTTC) said that such a policy would “all but wipe out” international travel – to the tune of £380,000 per minute. WTTC president [...]
TfL boss: Waterloo and City line can be opened “pretty quickly” when demand returns January 26, 2021 Transport for London’s commissioner has this morning guaranteed that the Waterloo and City line will reopen, but said that other lines were currently being prioritised. Andy Byford told City A.M. that the line was still closed for “practical” reasons. “But it absolutely will reopen, the only question is when. That can be a decision that [...]
