US stocks slip to worst week since 2008 as coronavirus fears grip global markets February 29, 2020 US stocks suffered their worst week since the financial crisis in 2008 as Wall Street followed the FTSE 100 and other global markets in continuing to plunge on Friday with coronavirus fears causing uncertainty. The S&P 500 fell a further 0.8 per cent on Friday to bring its losses to 13 per cent since hitting [...]
FTSE 100 loses more than £200bn after worst week since 2008 as coronavirus fears grip global markets February 28, 2020 The FTSE 100 has shed a reported £206bn after suffering its worst week since the 2008 financial crisis as new cases of coronavirus pummelled global stock markets. London’s blue-chip index closed at 3.18 per cent down for the day to end a dire week for listed companies who have issued warnings on the coronavirus outbreak. [...]
London Underground workers to be balloted on tube strikes in pay row February 28, 2020 London Underground’s thousands of workers are to be balloted on tube strikes as the long-running dispute over pay continues. The Rail, Maritime and Transport (RMT) union has said it will ballot the 10,000 staff across the underground after more than a year of negotiating yielded no results. The union said London Underground had failed to [...]
UK suffers first coronavirus death as Diamond Princess passenger dies February 28, 2020 The coronavirus has claimed its first British victim after a man quarantined on the Diamond Princess cruise ship has died, according to the Japanese ministry of health. It said that there had now been six fatalities among the 705 people that tested positive on the coronavirus-stricken ship, with this the first foreigner. The Foreign Office [...]
Amazon bans 1m fake coronavirus products February 28, 2020 Amazon has had to remove more than 1m products from its marketplace that claimed to protect from or cure the coronavirus. The retailer said it had also removed “tens of thousands” of overpriced health products, according to Reuters. It comes after the World Health Organisation expressed concern about companies trying to profit off the outbreak [...]
CMA considers enforcement action against developers over ‘troubling’ leasehold mis-selling claims February 28, 2020 The Competition and Markets Authority (CMA) is set to launch enforcement action against developers after finding “troubling evidence of potential mis-selling and unfair contract terms”. The watchdog launched a probe into the industry last year and confirmed today that it had found evidence of “serious issues” within the housing sector. The issues revolve around the [...]
UK coronavirus cases hit 19 as Wales confirms first patient February 28, 2020 The first case of coronavirus has been confirmed in Wales as two further cases in England bring the UK’s total to 19. According to the chief medical officer for Wales, the patient had traveled back from northern Italy where the virus was contracted. The two new cases in England have been transferred to specialist NHS [...]
Arsenal 1-2 Olympiacos: Last-gasp El-Arabi winner dumps sloppy Gunners out of the Europa League on away goals February 27, 2020 There is little doubt that this was the worst performance of Mikel Arteta’s reign. Arsenal squandered a 1-0 advantage coming into the home leg of their Europa League round of 32 tie as Olympiacos won 2-1 on the night following a last-minute winner in extra-time from Youssef El-Arabi to go through on away goals. It [...]
As Aston Villa brace for the Carabao Cup final, is a trophy more important than Premier League survival? February 26, 2020 The magic of a Wembley cup final is difficult to replicate but the importance of winning domestic silverware appears to have become increasingly secondary to the need to remain in the Premier League. For the thousands of Aston Villa fans set to descend on London this Sunday for the Carabao Cup final against Manchester City, [...]
Bayern Munich have been revived under caretaker boss Hans-Dieter Flick as they prepare to face Chelsea February 25, 2020 On Bayern Munich’s last visit to England, nearly five months ago, they dismantled Tottenham 7-2 in north London. Chelsea will be hoping to avoid a similar fate when they welcome the German champions to Stamford Bridge tonight but, worryingly, that was Bayern amid a relative slump; since then, they have rediscovered their mojo. Just 33 [...]
