IMF: UK economy to shrink more than 10 per cent amid second wave October 29, 2020 The International Monetary Fund (IMF) slashed its growth forecasts for the UK economy today, and urged the government to keep spending record amounts to support a recovery. UK GDP will shrink by 10.4 per cent in 2020, the Fund said. The new figure was a considerable from the prediction of a 9.6 per cent fall [...]
US election: Donald Trump and Joe Biden head south in crunch final days October 29, 2020 US presidential candidates Donald Trump and Joe Biden are concentrating their efforts in the key battle states of Florida and North Carolina today as 3 November draws closer. Both candidates will hold rallies in the key swing state of Florida this afternoon within hours of each other. Trump will then head to North Carolina, which [...]
Exclusive: These are the top 50 London startups to work for October 29, 2020 An insurtech startup that has raised just £13m to date is the best startup to work for in London, according to new research. The incentive-based life insurance platform Yulife is the best London-based startup to work for, according to research by recruitment platform Tempo. The startup, which employs just 61 people, has been recognised for [...]
BBC bans ‘virtue signalling’ as it cracks down on stars’ social media use October 29, 2020 The BBC has banned presenters from “virtue signalling” on social media as part of tough new rules on how its top talent maintains impartiality online. As part of a sweeping overhaul unveiled today, BBC stars have been told not to express personal opinions on public policy, politics or controversial subjects. The overhaul marks a major [...]
Could Germany have its quarantine free travel corridor revoked today? October 29, 2020 Germany looks likely to be taken off the UK’s quarantine-free travel corridor list this afternoon after its rate of coronavirus infection doubled in the last week. The surge in cases meant that Chancellor Angela Merkel yesterday announced that Europe’s biggest economy would enter a four-week lockdown from 2 November. As a result, bars, restaurants, and [...]
Business leaders, scientists and medics warn against second lockdown October 29, 2020 Business leaders, scientists and doctors have called on the government to take a more balanced approach in its coronavirus response, saying lockdowns and restrictions have far-reaching implications on mental health and the economy. The Recovery campaign has been backed by several prominent figures including hotelier Rocco Forte, entrepreneur Luke Junson and leading performing arts promoter [...]
Oil prices plunge as second lockdown fears mount October 29, 2020 Global oil prices slumped to their lowest prices in nearly five months today as fears over new coronavirus lockdowns mounted. With numbers of new cases climbing around the world, several countries have put in place new restrictions, putting downward pressure on demand. Both Brent crude and West Texas Intermediate fell about six per cent earlier, [...]
Meghan Markle wins court bid to delay Mail on Sunday privacy trial October 29, 2020 Meghan Markle has won her bid to have her privacy case against the Mail on Sunday pushed back until next autumn after citing confidential reasons. The Duchess of Sussex is suing parent company Associated Newspapers over articles in the Mail on Sunday that published parts of a letter she sent to her father in 2018. [...]
EU to ban tech firms from promoting their own services in new crackdown October 29, 2020 Tech giants will be banned from unfairly promoting their own services and will have to do more to crack down on harmful content under new rules being prepared by the EU. Competition chief Margrethe Vestager today proposed a raft of tough new laws and promised greater powers for enforcement bodies in a bid to tackle [...]
The City A.M. Punter Pocast EP:15 Haydock Sprint Weekend October 29, 2020 Trainer Clive Cox discusses the 3 year old Golden Horde’s chances as he takes on older horses once again in the big sprint race of the weekend at Haydock Park, but how will he cope with the expected soft underfoot conditions? Long time owner Julie Wood tells us how she got into racing and how [...]
