Major Aston Martin shareholder trims stake in iconic carmaker June 1, 2020 One of Aston Martin’s largest shareholders has trimmed its stake in the iconic British carmaker by five per cent, a regulatory filing showed today. Italian private equity firm Investindustrial Advisers disclosed a stake of 14.99 per cent, down from a previous stake of 19.92 per cent. The reason behind the decision to cut the stake [...]
More than 200 travel firms call on government to scrap quarantine plan June 1, 2020 More than 200 travel companies have backed a letter to the government calling on it to reconsider its plans to quarantine individuals entering the UK as a precaution against coronavirus. From 8 June, the government has said that all those entering the UK must quarantine for a period of 14 days in one location. The [...]
Facebook and Snapchat condemn racism in US as protests continue June 1, 2020 Tech giants Facebook and Snapchat have joined a growing roster of companies to have condemned racism in the United States as protests over the death of George Floyd in police custody entered their sixth day. Last week the unarmed Floyd was killed in Minneapolis when a white police officer knelt on his neck for nine [...]
Thousands queue as Ikea reopens and pupils return to school June 1, 2020 People have been queuing across the UK to get into Ikea and take children back to school as the government loosened more restrictions implemented due to the coronavirus crisis. As of this morning, primary schools have reopened to pupils in receptions and years one and six, while some retailers like the Swedish store have been [...]
Petropavlovsk pours cold water on UGC merger reports June 1, 2020 Russian gold mining giant Petropavlovsk has poured cold water on reports that it is considering a potential merger deal with largest shareholder UGC. In an interview with the Telegraph, the FTSE 250 firm’s chief executive Pavel Maslovskiy said that discussions between the firms were at an early stage but the deal could “definitely happen”. If [...]
City club the Ned teams up with Centrepoint to feed homeless young people June 1, 2020 One of the City’s best-known members’ clubs has teamed up with youth homelessness charity Centrepoint to provide meals homeless young people during the coronavirus crisis. Along with the Bike Shed Motorcycle Club, the 42 members of staff at the Ned have been making over a hundred meals a day for those living in homeless shelters. [...]
Raytheon UK appoints new chief executive after United merger June 1, 2020 Defence giant Raytheon has today announced that Jeff Lewis will take over as chief executive of its UK subsidiary. He will take over from former chief Richard Daniel, who has been in the top job for six years. Raytheon UK, which employs around 1,700 people in this country, is a major contractor of the Ministry [...]
Hinkley Point C construction continues apace with completion of reactor base June 1, 2020 Construction at Hinkley Point C nuclear power station in Somerset remains on track despite the coronavirus crisis, with contractors today meeting a key milestone in the building of the new plant. With work continuing under special coronavirus measures, workers at the plant have completed the 49,000 tonne base for the second nuclear reactor, meeting a [...]
SpaceX astronauts arrive at ISS in historic moment for private spaceflight May 31, 2020 The first US space mission since 2011 has reached its destination, the International Space Station, NASA has confirmed. Astronauts Doug Hurley and Bob Behnken entered the ISS at around 6pm UK time, having docked at the ISS a few hours earlier. In doing so, they have become the first astronauts to reach the station via [...]
Coronavirus: 2m ‘shielding’ in UK allowed outside from Monday May 31, 2020 Over 2m people in England who have been “shielding” from the coronavirus pandemic due to being deemed extremely vulnerable will be allowed outside for the first time in 10 weeks from Monday. Yesterday the government announced that those who have been following the protocols will be able to go out with members of their family, [...]
