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By: Edward Thicknesse

Covers transport, industry and energy. Edward tweets via @edthicknesse, and can be reached at edward.thicknesse@cityam.com

All 3077 Articles
  • Coronavirus: US looks to approve new treatments as cases pass 10,000

    March 19, 2020

    US president Donald Trump has announced that anti-malaria drug hydroxychloroquine will be made available almost immediately to treat coronavirus, as the number of cases in the US passed 10,000.  The drug is one of a number of therapies that the US Food and Drug Administration (FDA) is investigating as possible treatments for the virus. Trump [...]

  • Coronavirus: Easyjet and Lufthansa bosses warn that industry will need state aid

    March 19, 2020

    Easyjet chief executive Johan Lundgren has warned that he expects to see “a lot of failures” in the global aviation industry due to the damage done by the coronavirus outbreak. Speaking to the BBC, Lundgren said: “I have been working in the industry for 30 years and I have never seen anything like this.” “If [...]

  • Britons least optimistic about economy since 2008 financial crash

    March 19, 2020

    Britons are the least optimistic they have been about the economy since 2008’s financial crash, a new survey by pollster Ipsos Mori has found. The new poll, which was conducted between 13 and 16 March, shows that 69 per cent of people think that the economy will get worse in the next 12 months. In [...]

  • IAG boss Willie Walsh to take pay cut amid coronavirus strife

    March 18, 2020

    British Airways owner IAG’s boss Willie Walsh, who earlier this week deferred his retirement to guide the airline group through the coronavirus crisis, has volunteered take a 20 per cent pay cut. Walsh’s decision, which was first reported by Sky News, makes him the latest in a series of prominent airline executives such as Virgin [...]

  • Coronavirus: National Trust to keep outdoor sites open

    March 18, 2020

    The National Trust is putting in place measures to keep its open places accessible to the public free of charge during the coronavirus crisis. By Friday the charity is planning to have made arrangements to keep its outdoor spaces open, but will shut all houses, shops and cafes to restrict the spread of the virus [...]

  • Coronavirus: NHS confirms 32 more deaths in UK

    March 18, 2020

    The NHS has confirmed that there have 32 more deaths from coronavirus, taking the total death toll in the UK to 104. Earlier the Department of Health has confirmed that there have now been 2,626 coronavirus cases in the UK, up from 1,950 cases yesterday. It is the biggest daily surge of confirmed cases yet, [...]

  • Coronavirus: BMW gives profit warning as carmaker shuts factories

    March 18, 2020

    German auto giant BMW has warned that vehicle deliveries and profit will both fall this year due to the impact of coronavirus as it prepares to suspend production at its plants in Rosslyn, Europe and South Africa. The carmaker said it was taking the steps both as a precaution against its employees getting infected and [...]

  • Coronavirus: Ryanair to ground ‘most if not all’ flights next week

    March 18, 2020

    Ryanair has said that it will ground the vast majority of its flights from next Tuesday, only maintaining essential services between the UK and Ireland, in light of widespread coronavirus travel bans. In a statement, the budget carrier said that “most if not all Ryanair Group flights will be grounded” as passenger demand collapses due [...]

  • Coronavirus: Government to lift financial assistance rules for struggling airlines

    March 18, 2020

    The government will use emergency legislation to ensure that airlines and other industries that have been hit hardest by the coronavirus epidemic receive the support they need to survive. According to the Times, ministers will use the legislation to lift restrictions on the amount of financial support that businesses can be given. At the moment, [...]

  • Sainsbury’s ramps up rationing on more items as demand rises

    March 18, 2020

    Sainsbury’s will today ramp up the rationing of a growing number of its products in response to heightened demand from customers stockpiling items in the light of new coronavirus restrictions.  As of this morning, customers will be able to buy a maximum of three of any grocery product and a maximum of two on the [...]

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