Exclusive: Tube use hit post-lockdown peak on day before new restrictions November 17, 2020 Tube use peaked on the day before the second national lockdown came into effect as Londoners rushed to offices and shops ahead of the new restrictions. New figures from Transport for London reveal that there were nearly 1.8m journeys on the London Underground on 4 November, around 400,000 more than the same day a week [...]
Sarah Frankland on how to get into lockdown baking through macarons November 17, 2020 Just as lockdown 1 started there was a huge spike in people making baking-related google searches, with “banana bread” and “cheesecake” becoming almost as popular as “coronavirus” and “the end of civilisation as we know it”. Now we’re well into the sequel of lockdown, which is somehow both more dangerous and more boring, people are [...]
KPMG rubbishes ‘conspiracy theory’ it helped private equity business dump Silentnight pension liabilities November 17, 2020 KPMG has refuted claims it helped US private equity firm HIG Capital force the insolvency of Silentnight so it could acquire the business without the burden of Silentnight’s £100m pension scheme. Speaking at a tribunal today Mark Phillips QC, who was representing KPMG, said the idea that the big four auditor had jeopardised Silentnight’s ability [...]
Labour’s Anneliese Dodds extends public olive branch to City of London November 17, 2020 Shadow chancellor Anneliese Dodds has today made overtures to the City of London, telling a virtual conference that Labour wants to work with the financial services sector and prevent it from “turning inwards…[and] eschewing responsibility”. Dodds, speaking at a virtual conference for the TheCityUK advocacy group, said Labour understood the value the sector has to [...]
Hospitality supplier Johnson Service Group axes 1,500 jobs November 17, 2020 Johnson Service Group, a provider of workwear and hotel and restaurant linens, has announced it will shrink its headcount by around 1,500 jobs this year, as the impact of the coronavirus pandemic on the hospitality sector sweeps through the supply chain. The Cheshire-based firm said its hotel, restaurant and catering (HRC) division had been badly [...]
Mudge: Why has Twitter just hired a world-famous hacker? November 17, 2020 Twitter may have been awash with excitement about its new disappearing Fleets service, but behind the scenes there were other clandestine matters underway today. The social media platform said it had hired Mudge, one of the world’s best-regarded hackers, to the new position of head of security. The appointment comes at a crucial time for [...]
Anti-vaxxers may lose travel insurance over Covid vaccine refusal November 17, 2020 Anti-vaxxers may risk invalidating their travel insurance if they are medically able but decline to have the coronavirus vaccine, an insurance expert has warned. Medical underwriting specialist and travel insurance expert Tricia Tietema told City A.M she would expect that those who are medically able to have the coronavirus vaccine, should one become available, but [...]
FTSE 100 and US stocks slip as investors focus on virus November 17, 2020 The FTSE 100 fell along with global stocks after jumping yesterday, as investors eased off on their rush into risk assets with months of uncertainty still ahead for the global economy. Drug firm Moderna’s announcement that its vaccine had shown to be almost 95 per cent effective in late-stage trials cheered markets yesterday, sending the [...]
Frank Stephenson on the rights and wrongs of car design November 17, 2020 Frank Stephenson’s car design CV stretches from the modern Mini to the McLaren P1. We ask about his career and what BMW has been drinking.
The world’s top superyachts according to Boat International November 17, 2020 We could all do with a little razzle-dazzle in our lives right now, and the Boat International World Superyacht Awards has that in spaces. Featuring the finest ocean-faring vessels to grace the seven seas, the list is an unashamed celebration of some of the most expensive toys upon which the world’s super-rich can (quite literally) [...]
