Supermarkets supplying N. Ireland to get three month grace period after transition period December 9, 2020 Supermarkets selling into Northern Ireland will have a grace period to adapt their supply systems to the post-Brexit trading reality, Michael Gove said today. When the Brexit transition period ends at the end of the year, Northern Ireland will remain aligned to the EU’s single market and goods arriving in Northern Ireland will be subject [...]
Asda to close stores on Boxing Day so staff can see family December 9, 2020 Asda will not open its stores on Boxing Day, instead choosing to give thousands of employees the chance to stay home with loved ones. The supermarket said the decision was made in recognition of employees’ efforts as key workers during the Covid-19 pandemic. All 631 of Asda’s stores will close for two days over the [...]
Canada becomes second country to approve Pfizer Covid-19 vaccine December 9, 2020 Canada has become the second country in the world, following the UK, to approve the Pfizer/BioNTech Covid-19 vaccine, paving the way for distribution of shots to be delivered and administered across the country. Canada will start receiving its first doses of Pfizer’s vaccine before the end of December, Prime Minister Justin Trudeau said on Monday. [...]
GardaWorld not ready to back down on G4S pursuit December 9, 2020 GardaWorld is not ready to stop its pursuit of security firm G4S, despite G4S agreeing to sell its business to Allied Universal last night. GardaWorld has given itself the option of increasing its bid for G4S following the £3.8bn deal with Allied Universal struck yesterday. GardaWorld had previously said its latest offer for G4S was [...]
Sterling rises against US dollar and euro amid hopes of a Brexit deal December 9, 2020 Sterling rose against the US dollar and the euro today, boosted by hopes that a no-deal Brexit could be avoided. GBP is up 0.74 per cent on the US dollar and 0.72 per cent on the euro this afternoon following three days of losses. David Madden, a market analyst at CMC Markets UK, said a [...]
Use furlough scheme to help sick employees isolate, says think tank December 9, 2020 The government should use the furlough scheme to encourage more workers to self-isolate at home, as the current statutory sick pay regime does not go far enough. Self-isolating has continued to be a major factor used to control the spread of the Covid-19 virus throughout the pandemic, with all those with coronavirus symptoms urged to [...]
Four in 10 Londoners to switch jobs due to declining sector opportunities December 9, 2020 More than four in 10 (42%) Londoners are leaving their current jobs and sectors for fear there are declining job opportunities in their current line of work. Londoners are seeking job opportunities that are more stable and will not be impacted by the coronavirus pandemic, with nearly half (49%) of those polled moving sector for [...]
G4S agrees to Allied Universal sale in £3.8bn deal December 8, 2020 Security group G4S has agreed to sell its business to US-based Allied Universal, in a deal that will value the company at £3.8bn. Under the terms of the offer G4S shareholders will be entitled to receive 245 pence in cash for each G4S share. The G4S directors consider the deal fair, and intend to unanimously [...]
Uber pulls plug on own self-driving car programme December 7, 2020 Uber has abandoned plans to create its own self-driving car, and will instead take a minority stake in Aurora, a driverless vehicle start-up backed by Amazon and Sequoia, an American venture capital firm. Uber will transfer its 1,200-employee self-driving unit to Aurora, which at present has 600 staff, and will invest $400m into the project, [...]
Nasdaq hits record high as Apple and Facebook enjoy bounce December 7, 2020 The tech-heavy Nasdaq has hit a record high today rising 0.4 per cent, as several of its largest constituents rose in value. Apple stock jumped 1.56 per cent and Facebook rose 2.05 per cent, but a decline in names such as Alphabet and Microsoft kept major averages in check. Large cap growth stocks, which had [...]
