Fed’s Jay Powell: Too much stimulus is better than too little October 6, 2020 It is better for US policymakers to do too much to try to help the economy than to do too little, US Federal Reserve chair Jay Powell said in some of his most pointed comments about stimulus to date. Powell told the National Association for Business Economics that the recovery from the coronavirus lockdowns of [...]
England’s 10pm curfew may be scrapped as government delays vote October 6, 2020 The future of England’s 10pm curfew is in doubt, with the government being forced to delay a parliamentary vote in the face of growing backbench opposition. A group of prominent backbench Tory MPs met today to discuss the prospect of rebelling against the government and voting against confirming England’s 10pm curfew on pubs, bars and [...]
East London water outage: “Intermittent supply” this morning but services returning October 6, 2020 Thames Water have confirmed to City A.M. that supplies are “now returning” to thousands of east London homes after an outage that began Tuesday afternoon. However the supplier warned of an intermittent supply as “it will take some time to fully recover as pressure in the network rebuilds.” The outage has been traced to a [...]
Investors target UK regional hotels amid staycation surge October 6, 2020 Investors are targeting hotel properties in staycation destinations such as Brighton as the coronavirus pandemic has led to more Britons going on holiday within the UK rather than risking international travel. Interest in coastal and country hotels has spiked due to the increase in holidaymakers deciding to book domestic trips this year, with some locations [...]
Finance ministers give EU recovery fund the green light October 6, 2020 European Union finance ministers gave the green light to the €750bn (£682bn) coronavirus recovery fund that was first outlined by the bloc’s leaders in July. It means the European Council – the heads of EU states and the bloc’s top brass – can now negotiate the details of the fund with the European Parliament. Following [...]
Raab: China and Russia ‘took advantage’ of Covid to break international law October 6, 2020 China and Russia have used the Covid pandemic to carry out cyber attacks and clamp down on human rights, according to foreign secretary Dominic Raab. Raab said today that the “usual suspects” of Iran, Russia and China have tried to “take advantage of the crisis”, with Beijing’s Hong Kong clamp down used as an example. [...]
Facebook removes Trump post claiming flu is more deadly than Covid-19 October 6, 2020 Facebook today removed a post by US President Donald Trump in which he falsely claimed that seasonal flu was more deadly than coronavirus. The social media site removed the post as it breached its policies on misinformation related to Covid-19. In the post Trump falsely claimed that the flu sometimes killed more than 100,000 Americans [...]
Consumers expect free delivery amid online shopping boom October 6, 2020 Consumers expect free delivery when buying items online, new research has shown, amid a surge in internet shopping due to the coronavirus pandemic. A survey of 2,000 UK adults found that delivery services have risen up shoppers’ agenda since the outbreak of the pandemic, with Amazon Prime the standard to which other retailers are held. [...]
Hong Kong Racing Tips: Frenchman Badel Allied with good chances October 6, 2020 Frenchman Badel Allied with good chances FORMER French champion apprentice Alexis Badel has become one of the most sought-after riders in Hong Kong. Records show he has already ridden for 17 of the 22 trainers this current campaign and, with three winners already to his name, he will be setting his sights on surpassing his [...]
Hong Kong Racing Tips: Blinkered Champ can spring a surprise October 6, 2020 IT HASN’T been plain sailing for bettors since racing resumed at Happy Valley early last month. Although half a dozen favourites have obliged since the start of the season, there have also been a similar number of double-figure surprises, including winners at odds of 33/1, 36/1 and 28/1. Luck is always going to play an [...]
