Coronavirus downturn ‘will exacerbate UK health inequality’ April 9, 2020 The economic downturn caused by the coronavirus outbreak will disproportionately harm the health of the most vulnerable in society and exacerbate inequality, a top think tank has warned. In a report published today, the Institute for Fiscal Studies (IFS) said the pandemic was putting the NHS under “unprecedented” strain, leading to cancelled operations and disruptions [...]
Coronavirus: UK tech sector ‘at risk’ as firms miss out on loans April 8, 2020 The thriving UK tech sector is under threat as firms are missing out on a £330bn coronavirus support plan, Deliveroo, Citymapper and more have warned. In a letter to chancellor Rishi Sunak, 12 of the UK’s most prominent tech chiefs today called for an urgent meeting with officials to find a way for tech firms [...]
British bank bosses give up bonuses amid coronavirus crisis April 8, 2020 Top bosses at British banks including Natwest and Lloyds have taken salary cuts and ditched bonuses worth millions of pounds as consumers and businesses suffer the impact of the coronavirus outbreak. Natwest chief executive Alison Rose will donate a quarter of her remaining salary for 2020 — set at £2.2m per year — to a [...]
Jewish Chronicle and Jewish News collapse into liquidation April 8, 2020 The Jewish Chronicle and The Jewish News are set to collapse into liquidation after their parent company reportedly ran out of money due to the coronavirus outbreak. The weekly London papers said they had taken the decision to seek creditors voluntary liquidation, which is expected to be finalised in the next two to three weeks. [...]
UK coronavirus death toll jumps by 938 to pass 7,000 April 8, 2020 The UK coronavirus death toll has jumped by 938 to hit 7,097, the Department of Health has confirmed. The figure marks an increase on the 786 fatalities recorded yesterday, as the daily death toll continues to grow ahead of the Easter weekend. Health officials have warned that the long weekend could see the peak of [...]
Channel 4 to furlough staff in £245m coronavirus cost-cutting plan April 8, 2020 Channel 4 today said it will furlough 10 per cent of staff and implement pay cuts for executives as part of a plan to save £245m during the coronavirus crisis. The broadcaster warned the TV ad market was expected to plummet 50 per cent in April and May as brands pull their campaigns during the [...]
Amazon to suspend third-party delivery service due to coronavirus April 8, 2020 Amazon will suspend its third-party delivery service in the US as it diverts resources to deal with a huge surge in orders from its own customers. Amazon Shipping, which competed with UPS and Fedex, allowed the ecommerce giant’s drivers to pick up packages from businesses and deliver them to customers — an alternative to shipping [...]
Coronavirus deaths in England rise by 828 to 6,483 April 8, 2020 A further 828 coronavirus patients have died in England, taking the total to 6,483. The figures, released by NHS England, are up from the 758 deaths recorded yesterday. It marks a continuing growth in the daily death toll ahead of the Easter weekend, which health officials have warned could bring the peak of the epidemic [...]
Tesla to furlough workers and cut salaries due to coronavirus April 8, 2020 Tesla will furlough all non-essential employees and roll out salary cuts after it was forced to shut its factories in the US due to the coronavirus outbreak. Employees who cannot work from home and have not been assigned to critical work will be furloughed, according to an internal email seen by Reuters. Workers who are [...]
Man jailed for stealing face masks from London’s King’s College Hospital April 8, 2020 A man has been jailed for three months after he was caught stealing face masks from a hospital in south London. Lerun Hussain, 34, was sentenced to 12 weeks at Croydon Magistrates’ Court today following the incident at King’s College Hospital. Police were called to the hospital in Denmark Hill at around 11.20am on Sunday [...]