Mike Ashley’s Frasers Group withdraws income guidance on Tier 4 news December 21, 2020 Frasers Group has withdrawn its published guidance of a 20 per cent to 30 per cent underling improvement in EBITDA in the wake of the latest coronavirus restrictions. Due to the closure of almost all stores in London and the southeast during the year’s peak retail trading period, Frasers Group said it was withdrawing the [...]
Boohoo appoints new auditor following factory working conditions scandal December 21, 2020 Boohoo has appointed PKF Littlejohn as its auditor, after PwC quit earlier this year in the wake of allegations of poor factory conditions in the fashion group’s supply chain in Leicester. Deloitte, KPMG, BDO and Grant Thornton each ruled themselves out of the race to replace PwC, with PKF ultimately winning the bid. PKF will [...]
Breaking up Christmas dinner ‘will not be a priority’, says senior police officer December 21, 2020 Eight people having Christmas dinner together will not be a priority for the police on Christmas Day, according to a senior police officer, despite those in Tier 4 being told not to mix at Christmas. Police Federation chair John Apter told Sky News there would not be extra police on shift during Christmas, and that [...]
US agrees $900bn Covid stimulus package December 21, 2020 Congressional leaders in the US have agreed a $900bn coronavirus stimulus package to help individuals and the economy affected by the coronavirus pandemic. The package would be the second-largest economic stimulus in US history, following a $2.3tn aid bill passed in March. It comes as the pandemic accelerates, infecting more than 214,000 people in the [...]
Shapps claims ‘this is not unusual’ ahead of emergency Cobra meeting on Dover December 21, 2020 Boris Johson will hold a meeting with the government’s emergency committee this morning after France closed its border with the UK following a new, more infectious strain of coronavirus in the South East of England. Last night the French government banned all travel from the UK for 48 hours, including freight drivers. The move comes [...]
London in Tier 4: What are the rules? December 19, 2020 London, the South East and the East of England have been put into a new ‘Tier 4’ in a bid to contain a new spike in coronavirus cases. Christmas for those living in the affected areas has been essentially cancelled, with harsh restrictions imposed on the areas and families warned not to mix households. The [...]
Christmas cancelled for London as capital enters “Tier 4” December 19, 2020 Christmas has been effectively cancelled for those living in London and the southeast of England after a new, more infectious strain of coronavirus has spread throughout the region. The capital and southeast England will enter a new ‘Tier 4’ from tomorrow morning, that will see households locked down and non-essential retail closed, mimicking the rules [...]
Christmas cancelled for London? PM gears up for press conference today December 19, 2020 Boris Johnson will hold a press conference at 4pm this afternoon as professor Chris Whitty has confirmed the virulence of a new strain of coronavirus found in London and the South East. Westminster insiders have suggested London, the South East and the East of England will be placed into a brand new Tier 4 ahead [...]
UK still not ready for Brexit, MPs warn December 19, 2020 With just seven working days until the Brexit transition period comes to an end, “significant concerns” remain, MPs have said. A cross-party parliamentary report has warned of a potentially challenging start to 2021, as businesses, traders and the general public adjust to a life outside of the European Union. The report warned the government must [...]
Johnson meets tech firm chiefs to talk listing in London December 19, 2020 Boris Johnson held a roundtable with executives from Britain’s fastest growing tech start-ups to get ideas on how to grow the UK’s tech sector and persuade firms to list on London’s stock markets. Bosses from Darktrace, Deliveroo, Oxford Nanopore and Revolut were among those invited to the meeting at Number 10 yesterday. According to The [...]
