Switzerland and the Czech Republic added to UK quarantine list August 27, 2020 Switzerland, the Czech Republic, and Jamaica have been added to the UK’s quarantine list from Saturday, transport secretary Grant Shapps has confirmed. From four o’clock on Saturday morning, all travellers returning to the UK from these countries will have to self-isolate for 14 days. In a tweet, Shapps said: “Data shows we need to remove [...]
UK records highest number of new coronavirus cases since June August 27, 2020 There were more than 1,500 new cases of coronavirus confirmed in the UK today, the highest daily figure in more than two months. According to new data from the Department of Health and Social Care, 1,522 more people were confirmed to have contracted the disease in the last 24 hours. The new figure represents a [...]
EU to pay Astrazeneca £300m for Oxford coronavirus vaccine August 27, 2020 The European Union will pay €336m (£300m) for 300m doses for a potential coronavirus vaccine being developed by the University of Oxford and drugs giant Astrazeneca. In a statement, the EU said that as well as the initial doses, the deal would give it the chance to purchase an additional 100m doses, which would then [...]
Fed to tolerate higher inflation in major policy shift August 27, 2020 The US Federal Reserve has announced a new approach to monetary policy that will tolerate periods of higher inflation, paving the way for it to leave interest rates near record lows for the foreseeable future. Fed chair Jay Powell announced the central bank would try to achieve inflation averaging two per cent over the longer [...]
Eight out of 10 UK workers expect to return to the office this year August 27, 2020 Eight out of 10 British workers said they have already returned or expect to return to the office this year. A survey of UK workers found that September was the month the majority (28 per cent) named as a likely return date. UK workers are missing out on contact with their colleagues with 63 per [...]
Bumper summer for IPOs with fastest start to second half since 2007 August 27, 2020 Companies are pressing on with plans to go public even amid second wave fears, with the fastest start to the second half of the year since 2007. A global total of 241 initial public offerings (IPOs) have been recorded during the second half of the year so far, according to data from Refinitiv. Listings inevitably [...]
Brewdog’s Aldi IPA to go on sale as soon as October August 27, 2020 Brewdog has confirmed it will sell its ALD IPA in Aldi stores as soon as October after the budget supermarket ripped off the craft brewery firm’s signature beer. Aldi launched a beer named Anti-Establishment IPA, with a striking similarity to Brewdog’s flagship Punk IPA. In response the brewery joked on Twitter that it could launch [...]
European test flights for grounded Boeing 737 Max to begin next month August 27, 2020 European aviation regulators are set to start test flights for Boeing’s grounded 737 Max aircraft, with the trials due to begin next month. The European Union Aviation Safety Agency (EASA) today announced that test flights would begin on 7 September, two months after similar trials in the US. The body said that clearance from the [...]
Brewdog to plant 1m trees in £30m ambition to be carbon negative August 27, 2020 Craft beer company Brewdog has bought 2,000 acres of Scottish highland to plant 1m trees, with the ambition to remove twice as much carbon from the air than it emits each year. The Scottish brewery will create 1,400 acres of woodland and 650 acres of peatland restoration, with work expected to start early next year. [...]
Goldman Sachs offers office perks as it ramps up return to work August 27, 2020 Goldman Sachs is laying on perks for staff members that return to work in its London offices as the US bank looks to bring workers gradually back to the City. The lender is offering perks including protective gear, free food and use of an on-site nursery for all employees who choose to return to its [...]