Westminster City Council scraps plans to charge for pavement space October 23, 2020 Westminster City Council has scrapped plans to charge hospitality firms thousands of pounds to keep trading outside through the coming months. Earlier today City A.M. revealed that the Council was set to charge businesses £7 per square metre of outside space, per day, once the existing ‘al fresco’ scheme comes to an end on October [...]
Google has until 19 December to respond to antitrust lawsuit October 23, 2020 Google has until 19 December to respond to a major antitrust lawsuit filed by the US Department of Justice earlier this week. A court filing today revealed the date by which the tech giant would have to answer the case that officials have brought. The lawsuit accuses the $1 trillion company of breaking the law [...]
Canary Islands and Maldives added to quarantine free travel list October 23, 2020 The Canary Islands, the Maldives, Denmark and Mykonos have all been added back on to the UK's travel corridors list, transport secretary Grant Shapps has confirmed.
City of London to provide schoolchildren with free food vouchers over half term October 23, 2020 The City of London Corporation will provide food vouchers for schoolchildren eligible for free school meals over half term. It is the latest local authority to announce the step after the government elected not to make free meals available over the next six months. Other London councils such as Kensington & Chelsea, Lambeth, and Southwark [...]
Travel corridors: ’50 per cent’ chance of London-New York travel by end of November October 23, 2020 There is a 50:50 chance that a travel corridor between London and New York could be set up before Thanksgiving, Heathrow Airport’s chief executive said today. John Holland-Kaye said that preparations for a trial testing scheme to enable business travel were advancing rapidly. Speaking to the Evening Standard, he said that the national holiday, which [...]
A third of Brits worried about paying their rent or mortgage October 23, 2020 Nearly a third of Brits are worried about paying their rent or mortgage at the moment, a new survey has found. Polling conducted by Ipsos Mori showed that 30 per cent of people in the UK have such concerns at the moment, while 31 per cent are worried about making payments in a year’s time. [...]
Wall Street closes higher on hopes that stimulus deal is close October 22, 2020 Wall Street closed higher tonight after a day of topsy-turvy trading as investors bet on the prospect of a new stimulus deal being agreed between Congress and the White House. The Dow Jones rose 0.5 per cent to close at 28,364 points, the S&P 500 shut up the same margin at 3,453 points and the [...]
US airlines continue to bleed cash as wait for stimulus package goes on October 22, 2020 US airlines laid out the continued cost of the coronavirus pandemic today as the wait for a new stimulus package from federal authorities went on. American Airlines fell to a loss of $2.4bn (£1.8bn) in the period from July to September, its third consecutive quarterly loss. The Texas-headquartered carrier revenue fell 73 per cent compared [...]
Hotel giant Accor sees revenue plunge two-thirds as recovery stalls October 22, 2020 Hotel giant Accor, which owns the Mercure, Ibis and Novotel chains, said its revenue slumped nearly two-thirds in the third quarter compared to last year. Europe’s biggest hotel group posted revenue €329m (£297m), down 63.7 per cent on the same period last year. Accor said that it had seen recovery across all of its businesses [...]
Travel quarantine: Germany and Sweden in line to be added to ‘red list’ October 22, 2020 Germany and Sweden could be added to the UK’s travel quarantine list this afternoon, with both reporting rising numbers of new coronavirus cases. The two countries are among the last places in Europe to which travellers can go without needing to self-isolate for 14 days on their return to the UK. However, both are now [...]
