London Sports Festival moves from 3×3 basketball success to pickleball at the City of London Corporation’s Guildhall Yard
Proposed House of Lords relocation to York shelved August 19, 2020 A proposal to move the House of Lords to York during parliament’s planned renovations has been shelved. The idea was first floated at the start of the year and continually came up this year as something Boris Johnson was exploring, however the body responsible for Westminster’s restoration has said the York move “will not…be considered” [...]
Apple becomes first US company to reach $2 trillion valuation August 19, 2020 Apple has become Wall Street’s first $2 trillion company, doubling its valuation in just over two years. As shares hit $457.77 in morning trading, the tech giant became the first Wall Street company to achieve the $2 trillion market cap in public markets. It is the second in the world to do so. The day [...]
EU threatens Belarus with sanctions over alleged election fraud August 19, 2020 The EU has threatened to impose sanctions on Belarus, after its President Alexander Lukashenko was accused of election rigging. The European Council President Charles Michel said today that the bloc did not accept the election result, which saw Lukashenko get 80 per cent of the vote. His opponent Sviatlana Tsikhanouskaya was said to have won [...]
Heathrow Airport boss tells No10 to ‘get a grip’ on quarantine policy as testing facility unveiled August 19, 2020 The chief executive of Heathrow Airport has called on Downing Street to “get a grip” of the UK’s coronavirus quarantine policy. John Holland-Kaye said the 14-day isolation period applying to many travellers should be shortened as it was “holding back the recovery of the UK economy”. Heathrow has already unveiled plans for a new testing [...]
Big money is already in crypto markets, but we’ve only just reached the tip of a slow moving iceberg August 19, 2020 Announcements have becoming fast and furious about traditional financial firms investing in digital assets or crypto startups; so often, in fact, that blink and you’ll miss’em. Hedge funds and retail-focused products are celebrating major fundraises and traditional banks are leading or planning to lead investment rounds in blockchain firms. A publicly traded company has converted [...]
Spotify crashes for users around the world August 19, 2020 Thousands of Spotify users were left unable to play music for more than an hour this afternoon after the service experienced technical difficulties. It appeared to affect customers around the globe, with the majority reported in Europe. According to outage tracker site DownDetector the issues started at around 1pm, with 92 per cent of the [...]
Charity sector to suffer 60,000 job losses due to coronavirus August 19, 2020 The charity sector has lost more than 25,000 jobs since the coronavirus pandemic began and a further 35,000 could go, according to new data. Analysis of a survey of 455 charities has revealed that there are an estimated five times as many redundancies as the official 5,400 that have been announced. The research from Pro Bono [...]
Facebook is a ‘major threat’ to public health, report warns August 19, 2020 Facebook’s failure to halt the spread of coronavirus misinformation makes it a “major threat” to public health, a damning new report has warned. Research by activist group Avaaz found health misinformation relating to the pandemic was viewed 3.8bn times on the social media site in the last year. Just 16 per cent of all misinformation [...]
Hugo Boss will only ask staff to work in the office three days a week even after Covid-19 August 19, 2020 Hugo Boss will allow staff the option of remote working every Monday and Friday, even after the coronavirus pandemic has abated. The German fashion house announced today that it will only require the majority of its staff to come into the office from Tuesday to Thursday, with the option of working from home on Monday [...]
English councils face £2bn black hole from coroanvrius August 19, 2020 English councils are facing a £2bn black hole over the coming months if the government does not provide emergency funding, according to a leading think tank. The Institute for Fiscal Studies’ (IFS) new report said Covid-19 has depleted local government revenues and many “face a difficult choice between depleting their reserves to low and potentially [...]
