Pride and paradox: How to celebrate business success in the midst of a pandemic December 2, 2020 Though we have all read countless stories of under-pressure businesses this year, we should not forget the many companies that have benefitted from 2020’s radical shift in human behaviour. 12 months ago, the average person on the street had no idea about “Zoom”, for example. Since then, the video conferencing brand has become a household [...]
Tesco to pay back £585m in emergency support with pandemic risks ‘behind us’ December 2, 2020 Tesco this morning said that it would pay back £585m of business rates relief it received to protect it from the impact of the coronavirus pandemic. The supermarket said that paying back the emergency funding was “the right thing to do”, adding that some of the risks from the pandemic were now behind it. In [...]
Gardaworld jacks up offer for G4S as pursuit goes on December 2, 2020 Gardaworld has this morning jacked up its offer for G4S as the Canadian firm shows no signs of giving up its pursuit of the FTSE 250 outsourcer. The improved offer values G4S at 235p per share, up from 190p per share before, giving the company a total value of £3.7bn. It also said that it [...]
From today, business lunches are allowed again December 2, 2020 Business lunches inside ARE allowed under new Tier 2 restrictions, so from today, the Government has confirmed. The Business Department confirmed the policy to City A.M. earlier. Official sources have though said that a traditional office Christmas lunch would not be permitted under the rules coming into place in London today. Government guidance dictates that [...]
Ryanair and Wizz Air passenger numbers plunge 80 per cent amid lockdown December 2, 2020 Ryanair and Wizz Air both said that passenger numbers had dropped over 80 per cent in November, with international leisure travel banned under the UK’s second national lockdown. The Irish carrier said that it flew just 2m passengers last month, down from nearly 11m for the same month in 2019. For the year to date, [...]
CMA to examine electric vehicle sector December 2, 2020 The Competition and Markets Authority (CMA) is launching a market study into electric vehicle charging, following the government’s move to ban the sale of new petrol and diesel vehicles to 2030. The study will focus on the supply of chargepoints for plug-in hybrid and all-electric ‘passenger’ electric vehicles, comprising cars and light vans. The move [...]
Pfizer/BioNTech vaccine approved for use in the UK December 2, 2020 The Pfizer/BioNTech vaccine has been approved for use in the UK, with roll out planned for early next week, becoming the first Western country to approve a vaccine. The UK’s independent health regulator has approved the vaccine, which offers up to 95% protection against Covid-19. The UK has ordered 40 million doses of the vaccine [...]
From today London is in Tier 2: Do you know all the new rules? December 2, 2020 The covid-19 restrictions have been strengthened since before the lockdown, so what are the new rules for work, home and socialising now that London's in Tier 2
Covid-19 vaccine approved and to be rolled out ‘within days’ December 2, 2020 The army and NHS have started preparations for the distribution of a coronavirus now the UK has approved a vaccine. Military personnel have been ordered to transform about 10 sites into vaccine hubs within a fortnight, the Telegraph has reported, including the Nightingale hospital at the London ExCel centre, Epsom racecourse, in Surrey, and Bristol’s [...]
Revolut offers UK customers the opportunity to be paid a day early December 2, 2020 Revolut is now offering its customers the opportunity to be paid a day early in a move that will prove popular as people struggle with pandemic uncertainty. Revolut customers that receive a salary payment via Bacs credit – which the majority of the population does – will be able to access their salary a day [...]