Hospitality firms face ‘worst of both worlds’ without more support October 12, 2020 Hospitality firms have warned that pubs and bars in “tier one and two areas” will have “the worst of all worlds” as they will have to keep trading without the financial support available to those businesses forced to close. Today Merseyside was placed under “tier-three” restrictions, which will see pubs and bars shuttered unless they [...]
FTSE 100 closes lower amid new restrictions but US stocks rise October 12, 2020 The FTSE 100 closed lower after Prime Minister Boris Johnson introduced a new three-tier Covid alert system but US stocks rose as investors hoped for more stimulus. London’s blue-chip index ended the day 0.3 per cent lower at 6,001 points. The mid-cap FTSE 250 rose 0.5 per cent, however. Read more: Government set to unveil [...]
Sketch: How to communicate effectively (according to the UK government) October 12, 2020 As the government unveils its latest lockdown restrictions through Twitter, James Warrington imagines comms discussions in the heart of Westminster At a time of national crisis, it’s crucial to communicate effectively. Can you imagine if, at the height of a pandemic, the public didn’t know what was going on? Unthinkable, I know, but it’s a [...]
Government Covid leaks ‘eroding trust’ with businesses, says Chambers of Commerce October 12, 2020 One of the UK’s largest business lobby groups has slammed the government for “eroding trust” with the private sector thanks to a slew of anonymous briefings and rumours over Covid restrictions. The British Chambers of Commerce said “speculation and rumour have badly eroded trust between Westmisnter, local government and our businesses communities”, adding that the [...]
Mercedes recalls ‘compelling evidence’ of nitrogen oxide problem, lawyers say October 12, 2020 Lawyers building a class action against Mercedes alleging that the carmaker has deliberately engaged in emissions fraud said that the firm’s latest recall of diesel vehicles is “compelling evidence” that it has a nitrogen oxide emissions problem. London law firm Fox Williams says that the auto giant programmed an emission defeat device during test conditions [...]
Alex Cruz: Five days to forget for the outbound British Airways boss October 12, 2020 The travel world awoke to a shock this morning as it was announced that British Airways boss Alex Cruz would leave the firm with immediate effect. He departs with aviation mired in the deepest crisis in its history, with passenger numbers still at historic lows due to the coronavirus pandemic. The decision is the first [...]
Cultural bailout: Which London arts venues will get a share of the £275m rescue fund? October 12, 2020 The government this morning announced a fresh tranche of funding for England’s troubled cultural sector. Over 1,300 arts venues and organisations will share an emergency £257m fund to help get them back on their feet. Mark Dayvd, chief executive of the Music Venue Trust, welcomed the cash injection, which he said would help the sector [...]
iPhone 12: Everything you need to know about this week’s Apple event October 12, 2020 The tech rumour mill went into overdrive last week after Apple sent out invitations for its next major product event. The event, which will kick off at 5pm UK time tomorrow, is expected to host the unveiling of the eagerly-awaited iPhone 12, which was originally scheduled for September but was pushed back due to the [...]
Enough with the fear — it’s time we began to accept this virus October 12, 2020 Covid-19 is the biggest change we have experienced for generations. And like every major change that is forced upon us, the secret to success is to overcome our fears and begin to accept it.
UK biotech secures record £1bn investment in third quarter October 12, 2020 The UK biotech industry has enjoyed a boom during the pandemic raising a record £1bn in the third quarter alone. Latest figures from the Bioindustry Association and Clarivate representing the UK’s biotech and life sciences sector show the scale of fundraising accelerated between June and August. While companies involved in developing vaccines or treatments have [...]
