Brexit: UK business groups ‘crying out for certainty’ as talks drag on November 26, 2020 Some of Britain’s largest business groups have made a fresh plea for post-Brexit certainty from the government as the country is just 35 days away from leaving the EU completely. The Confederation of British Industry (CBI), British Chambers of Commerce and the Federation of Small Businesses told City A.M. that their members desperately need to [...]
Island countries added to quarantine free travel corridors list and ban on Denmark lifted November 26, 2020 Island countries added to quarantine free travel corridors list and ban on Denmark lifted, but Estonia and Latvia arrivals now have to self-isolate
Bitcoin and cryptocurrencies plunge after nearing record highs November 26, 2020 Bitcoin has plunged after coming within touching distance of a new all-time high yesterday, with investors second-guessing the cryptocurrency’s recent surge and profit-taking towards the end of a volatile week. The biggest cryptocurrency was last down around 11.6 per cent to $16,921. It had fallen as much as 13 per cent earlier in the day. [...]
FTSE 100 declines after Tier 2 announcements and dismal economic data from Sunak November 26, 2020 The FTSE 100 slipped as investors digested the dire economic outlook offered by chancellor Rishi Sunak yesterday and the new Tier 2 restrictions for London, putting an end to the recent vaccine-driven rally. London’s main stock index fell 0.46 per cent, taking it down to 6,361 points. It followed a fall of around 0.6 per [...]
Pubs in tier two and three still in lockdown ‘in all but name’ November 26, 2020 The chief executive of Greene King has slammed the government’s new Covid tier system as “lockdown in all but name”. Nick Mackenzie said that as a result of the changes to restrictions, 99 per cent of the country’s pubs will be placed in tiers two and three, putting hundreds of thousands of jobs at risk. [...]
Productivity and wellness up among City of London employees working from home November 26, 2020 Financial services employees reported feeling more productive and well while working from home, new research has found. Some seven in 10 financial services employees who usually work in the City of London found home working to be a positive experience throughout the coronavirus pandemic. Research from Deloitte found 38 per cent of employees felt more [...]
Coronavirus set to be ‘way less’ damaging than 2008 crash: IFS November 26, 2020 The hit to the UK economy from the coronavirus pandemic is likely to be “way less” than the impact of the financial crisis should the budget watchdog’s predictions come true, the Institute for Fiscal Studies (IFS) think tank has said. The Office for Budget Responsibility (OBR) yesterday said the economy would likely end up three [...]
Marks and Spencer to close on Boxing Day to give staff the day off November 26, 2020 Marks and Spencer has cancelled plans to open all of its stores on Boxing Day, choosing instead to allow staff to spend the day with friends and family. M&S had previously planned to open 200 stores on Boxing Day to take advantage of the Boxing Day sales, but in light of the recent relaxation on [...]
Easyjet sees domestic bookings jump as lockdown restrictions eased November 26, 2020 Easyjet today said that bookings for domestic flights had seen a “significant rise” this week following the news that coronavirus restrictions in the UK would be eased over Christmas. Flights between London and Bristol to Belfast, as well as from London to Edinburgh, were the most popular, the airline said. In addition, searches for flights [...]
Eurostar: Protect ‘key to our future connectivity’, says Labour peer November 26, 2020 Labour life peer Lord Berkeley has joined calls for the government to provide emergency funding for the Eurostar after a crippling collapse in passenger numbers due to the coronavirus pandemic. Writing in City A.M., Lord Berkeley, a well-known figure in the transport industry, said that the cross-Channel rail link was “the key to our future [...]
