Coronavirus: Antibody levels drop by a quarter as second wave hits October 27, 2020 The proportion of people in England with Covid-19 antibodies has dropped by more than a quarter since the first wave of the pandemic, official figures have revealed. The findings of a major study into Covid-19 antibodies, published today, showed the number of people who tested positive for antibodies has fallen from six per cent to [...]
Exclusive: City Hall and government urged to tackle capital’s ‘jobs crisis’ October 27, 2020 The government and City Hall must work together to tackle the jobs crisis that is set to see more than 130,000 Londoners fall into long-term unemployment in 2020/21, a new report shared exclusively with City A.M. has argued. The Learning and Work Institute’s (LWI) report said Londoners had been hit particularly hard by the coronavirus [...]
Why I’m calling for a £15bn National Renewal Fund to support growing businesses October 27, 2020 Some 90 years ago, a government committee set up to examine the health of the British economy identified a persistent shortfall in funding for small and medium-sized businesses. This shortfall was termed the Macmillan Gap — named not after the politician but after the Scottish lawyer, Hugh Macmillan, who chaired the committee. As the saying [...]
Modern Monetary Theory: A shared delusion that will destroy the economy October 27, 2020 As Rishi Sunak announced another multi-billion-pound support package last week, most numerate people would have been boggling at the numbers. How are we ever going to pay all that money back? Surely it means years of austerity, high taxes, or debt for our children and grandchildren to repay? But there is a growing and increasingly [...]
It’s 2020 — why are we still debating whether period products are essential? October 27, 2020 On Monday, while alcohol was vital enough to feature in a Tesco branch only providing essential items in Cardiff, period products were nowhere to be found. The supermarket giant explained to a confused customer on Twitter that period products simply weren’t considered essential enough to be stocked for the duration of the fire break lockdown [...]
The magic of mentoring can unleash an entrepreneurial revolution October 27, 2020 During times of uncertainty, great opportunity emerges from the darkness. That’s why new businesses are created in the midst of economic recessions. It might seem reckless to launch a company during this time of enormous disruption in society, but this is a chance to unleash our wildest dreams and experiment with new ideas. When big [...]
Former prime minister David Cameron backs black internship initiative October 26, 2020 Former Prime Minister David Cameron is among high-profile figures who have thrown their weight behind a new initiative aimed at increasing the number of internships available to black candidates. The 10,000 Black Interns initiative, set to launch tomorrow, is designed to boost the number of paid work experience positions for young black people in major [...]
Wall Street leads global stocks slump as Covid-19 infections rise October 26, 2020 Wall Street suffered its worst daily decline in weeks today as global stock markets posted losses amid a rise in new Covid-19 infections. There was a sea of red across the major US indices as markets closed this evening, with the S&P 500 posting its sharpest daily fall in four weeks. The downbeat sentiment across [...]
Eurostar launches direct Amsterdam to London service – but was anybody onboard it? October 26, 2020 Eurostar’s eagerly-awaited direct Amsterdam to London service started today but Covid disruption meant there were plenty of empty seats.
Aviation watchdog slams Heathrow’s legal threats over £1.7bn airport charge hike October 26, 2020 The Civil Aviation Authority (CAA) has hit back at Heathrow Airport over threats that it will take the regulator to court unless it budges on its decision to reject Heathrow’s attempt to increase airport charges by £1.7bn. Earlier this month, the CAA turned down the request from the UK’s largest airport, which wanted to hike [...]