Royal Mint to manufacture vital visors for NHS frontline staff March 27, 2020 The Royal Mint is set to manufacture thousands of visors for the NHS to help protect frontline staff. Engineers at the Royal Mint created an approved medical design in just 48 hours. The first batch are already in use at The Royal Glamorgan Hospital in South Wales. The Royal Mint usually produces coins, bullion and [...]
Travelex shuts all UK foreign exchange bureaus for eight weeks March 27, 2020 Travelex is set to shut all its foreign exchange bureaus in the UK for around eight weeks, it announced in a trading update this morning. It comes after the government introduced strict measures forcing the majority of retail businesses to close in order to contain the spread of coronavirus. Foreign exchange firm Travelex said it [...]
Domino’s Pizza switches to ‘contact-free delivery’ but suspends dividend payments March 27, 2020 Domino’s Pizza Group has announced it will continue to trade by providing “contact-free delivery” but has stopped its collection service due to the coronavirus pandemic. Britain’s biggest pizza delivery firm said it had seen increased demand and would now only be making contactless deliveries amid the coronavirus crisis. In a trading update released this morning, [...]
Heathrow’s credit rating downgraded amid coronavirus uncertainty March 27, 2020 Heathrow Airport’s long-term credit rating has been downgraded amid the reduced demand and ongoing uncertainty caused by the coronavirus outbreak. Credit rating agency Standard & Poor has announced today it is lowering Heathrow’s long-term ratings on Class A and Class B debt by one notch. Heathrow Funding Limited retains investment grade credit ratings on the [...]
More than half London’s tech firms planning for ‘survival’ amid coronavirus impact March 27, 2020 More than half the tech businesses in London have admitted that “survival” is the only plan over the next three months, according to a new survey. The impact of the coronavirus outbreak has left 53 per cent of London-based tech firms just trying to survive in the short term, while 32 per cent of respondents [...]
Menzies puts majority of 17,500 staff on wage bailout scheme March 27, 2020 John Menzies has been forced to reduce its global workforce by 17,500 jobs as it tries to stay afloat amid the fallout caused by the coronavirus outbreak. In a trading update released this morning, the aviation services firm said it had seen “significant ongoing reductions in activity for our core operations”. It said that the [...]
Formula One will consider extending 2020 season into 2021 to fit at least 15 races in March 24, 2020 Formula One bosses will consider extending the 2020 season into 2021 in a bid to fit as many races as possible into the season. A new-look calendar is currently being worked on that will see races scheduled for the August summer break and through into December — or possibly even January — City A.M. understands. [...]
Tokyo 2020: Olympic Games to be postponed by one year March 24, 2020 The Tokyo 2020 Olympic Games are to be postponed by a year following a telephone call between Japan’s Prime Minister Shinzo Abe and International Olympic Committee (IOC) president Thomas Bach. The unprecedented move means the Olympic and Paralympic Games will be postponed for the first time in its 124-year history. It has previously been cancelled due [...]
F1 teams to help produce 20,000 ventilators for NHS in fight against coronavirus March 22, 2020 Formula One may have brought forward its summer factory shutdown to March and April, but seven UK-based teams are set to mobilise their workforce to produce life-saving ventilators that will be required by the NHS in the fight against coronavirus. McLaren, Williams, Red Bull, Renault, Racing Point and world champion Lewis Hamilton’s Mercedes team are [...]
‘We should all be ashamed’: NHS England boss calls for end to panic-buying March 21, 2020 The medical director of NHS England has said everyone should “be ashamed” that vital healthcare staff were being deprived of supplies due to panic-buying. Stephen Powis called on the public to think of those working long days to look after our loved ones when shopping. The appeal came at the government’s daily coronavirus briefing today, [...]
