Parthe-nope: Travel corridors opened to eight countries but Greece removed November 12, 2020 A raft of new countries have been added to the UK’s travel corridor list, meaning people will not have to self isolate upon returning from them. Iceland, Chile, Cambodia, Qatar, Bahrain, the UAE, Laos, and Turks and Caicos have all been added to the quarantine free travel list. Those arriving from the countries from Saturday [...]
Moody’s downgrades credit ratings of UK’s largest airports November 12, 2020 Three of the UK’s largest airports have had their credit ratings downgraded by Moody’s as the pandemic continues to hammer global air travel. Heathrow Finance, which owns the UK’s biggest airport, has had its corporate family rating reduced from Ba1 to Ba2. Obligations rated at Ba2 are judged to have speculative elements and are subject [...]
Editorial: Downing Street’s political infighting mirrored in Brexit strategy November 12, 2020 Downing Street's political infighting mirrored in Brexit strategy
Councils pile pressure on firms over unpaid business rates during pandemic November 12, 2020 Local authorities have begun to turn up the heat on businesses that have been unable to pay rates bills during the pandemic, with some pursuing claims through the courts. According to property consultancy Colliers International, an increasing number of clients are receiving letters demanding payment or court summons. Office occupiers were not granted a business [...]
UK regulators prepared to intervene if Brexit disrupts markets, says FCA November 12, 2020 British regulators are prepared to intervene if the UK’s full departure from the European Union on 31 December risks disrupting financial markets, an executive from the Financial Conduct Authority (FCA) said. While Britain has already left the bloc, post-Brexit transition agreements gives banks and trading platforms full access to EU markets until the end of [...]
As the show turns 40 we live the Magnum P.I. dream in a vintage Ferrari 308 GTS November 12, 2020 TV detective Magnum P.I. first skidded onto our screens 40 years ago – and did so in a red Ferrari 308 GTS.
First lockdown cost food and drink industry £751m a week in lost sales, research shows November 12, 2020 The first UK-wide national lockdown cost the food and drink industry £751m a week in lost revenue, according to the latest research. Out-of-home food consumption fell 36 per cent in the first half of 2020, as the closure of restaurants and cafes and the shift to remote working forced Brits to eat more meals at [...]
Deloitte defends £38.8m test and trace reward November 12, 2020 Management consultancy Deloitte has defended earning £38.8m for services relating to the government’s coronavirus ‘test and trace’ system. The audit and consultancy giant has earned some £38.8m for services relating to the government’s test and trace programme, according to Open Democracy. The government’s test and trace programme is largely considered a failure. A Deloitte [...]
FTSE 100 and US stocks tumble as Covid-19 vaccine rally runs out of steam November 12, 2020 Global markets largely slipped lower today as the three-day equity rally sparked by news of a breakthrough in the hunt for a Covid-19 vaccine began to lose momentum, with the FTSE 100 and US stocks both falling. London’s blue-chip index ended an eight-day winning streak, falling 1.19 per cent to 6,305.85 by 2.45pm. The midcap [...]
Lennox: The Untold Story review – a rose-tinted documentary of a fighter’s journey November 12, 2020 The world of boxing is dominated by loud, braggadocious personalities. Figures like Floyd Mayweather, Mike Tyson and, of course, Muhammad Ali became as famous for their personal journeys as they were for their pugilism. But while much is known about those names, we know less about Lennox Lewis, despite the British heavyweight champion having a [...]