Rishi Sunak’s new business support: What does it mean for you? October 22, 2020 Chancellor Rishi Sunak has overhauled key parts of his winter economy plan to support struggling businesses as coronavirus cases rise and the government imposes new restrictions. He made the job support scheme more generous for employers and boosted support for the self-employed. But what exactly will the new changes mean for employers, employees and the [...]
Reviving the golden era of car journalism in a new Rolls-Royce Ghost October 22, 2020 Whether as a driver or passenger, the Rolls-Royce Ghost offers a luxury experience that’s almost unmatched. We enjoy an indulgent day out.
Lockheed Martin to launch satellites from Shetland Islands October 22, 2020 The government has approved Lockheed Martin’s plans to move its satellite launch operations to the Shetland Islands. The decision is a major step forward in plans to build a spaceport on the archipelago to support the country’s commercial space ambitions. It is hoped that the Shetland Space Centre will support 605 jobs in Scotland by [...]
Wall Street rises as investors cling to hope of stimulus package October 22, 2020 US stocks edged higher after the open today as Wall Street held out for a deal on fiscal stimulus, while the FTSE 100 dipped amid concerns over increasing coronavirus cases in Europe. The benchmark S&P 500 rose as much as 0.26 per cent in the first half an hour of trading, while the Dow gained [...]
City law firms enjoy bumper year for revenues October 22, 2020 London’s legal market has solidified its position as one of the City’s most resilient sectors after a year of strong financials and high pay packets. Despite the double whammy of Brexit and pandemic uncertainty, UK and US firms have managed to secure some of the most remunerative work and solidify London as a leading global [...]
Exclusive: Portland financial PR chief Steffan Williams steps down October 22, 2020 The head of Portland Communications’ financial practice is stepping down to start his own venture after two years at the public relations giant. Steffan Williams was hired in 2018 to establish Portland’s new financial comms division, which now boasts a number of high-profile clients, including Astra, Robert Walters and Ince Group. But City A.M. has [...]
Government ‘significantly underestimating’ airport testing effectiveness, new study finds October 22, 2020 New independent analysis has emerged which calls into question the government’s claim that airport testing for coronavirus will only detect seven per cent of cases. The research, from consultancies Oxera and Edge Health, along with Dr Kit Yates from the University of Bath, says that the methodology used by Public Health England (PHE) was flawed. [...]
Russian authorities launch investigation into new Petropavlovsk boss October 22, 2020 The chief executive of embattled gold miner Petropavlovsk [LON:POG] is being investigated by Russian authorities after forcing his way into the FTSE 250 company’s offices in Moscow. On 26-27 August, Maksim Meshcheryakov was prevented from entering the firm’s office in a stand-off with staff. CCTV footage which later circulated on Russian social media showed Meshcheryakov, [...]
Businesses welcome Sunak’s change of tack but say many still ‘left behind’ October 22, 2020 Business groups have praised Rishi Sunak’s change of course on his winter economic support package, which the chancellor has made more generous to employers hit by Tier 2 restrictions. Yet organisations said there was a lack of support for companies further down supply chains, for freelancers and for many self-employed people. Addressing Parliament today, Sunak [...]
Healthcare firm unveils £10 rapid Covid-19 test for back to work push October 22, 2020 A private healthcare firm has unveiled a new low-cost Covid-19 test that it says could help get Brits back to work safely, though scientists have warned more development is needed. The finger-prick test returns results in 10 minutes and is priced from just £10. As well as checking for a Covid-19 infection, it can detect [...]
