Test and trace scheme misses 20 per cent of coronavirus patients July 23, 2020 The government’s coronavirus test and trace scheme failed to gather the contacts of 20 per cent of patients that tested positive for Covid-19, according to the latest official data. The Department of Health said this morning that 80 per cent of the 3,887 people that tested positive for Covid-19 were contacted by the scheme between [...]
From Mad Men to micro-targeting: The internet has democratised advertising July 23, 2020 The coronavirus pandemic has shown that the internet is something we can no longer live without. It has helped us to connect with loved ones we have been unable to physically meet, build communities and groups online to provide help to those who needed it most, and crucially it has enabled small businesses to continue [...]
Brexit: No progress expected in latest round of UK-EU trade talks July 23, 2020 UK and EU negotiators are expected to announce today that no significant progress had been made in the latest round of Brexit trade deal negotiations. Boris Johnson last month said he wanted the framework of free trade deal agreed between the UK and EU by July, however it looks like this deadline will pass with [...]
Kibo Energy subsidiary seeks London IPO by end of the year July 23, 2020 Sloane Developments, the UK-based subsidiary of Irish firm Kibo Energy, is seeking a London IPO by the end of the financial year. The company, which will change its name to Mast Energy Developments (MED), is aiming for admission to the London Stock Exchange’s standard list. MED’s IPO is just the second floatation to be announced [...]
Johnson Matthey banks on second half after sales drop July 23, 2020 Catalytic converter maker Johnson Matthey said that its first half performance had been “materially below” last year’s due to the coronavirus pandemic. The FTSE 100 firm said that a fall in sales in its clean air division as a result of lower demand and temporary shutdowns was the main cause of the decline. In a [...]
Daimler sets sights on profit after sales slump due to coronavirus July 23, 2020 German car giant Daimler said it expected profit to rebound in the second half of the year even as it reported a 34 per cent fall in vehicle sales due to coronavirus. In total, the Mercedes-Benz owner said vehicle sales in the second quarter totalled 541,800, down from 821,700 in the same period last year. [...]
Watchdog slams government for lack of pandemic economic plan July 23, 2020 Parliament’s financial watchdog has slammed the government for its failure to plan for the economic consequences of a pandemic, saying it was “astonished” that the UK was not better prepared. The House of Commons Public Accounts Committee (PAC) said the Treasury waited until mid-March to design schemes to support the economy. That was despite it [...]
G4S shares surge as outsourcer beats first half expectations July 23, 2020 Outsourcing giant G4S said that it had beaten its first half expectations for profit after a solid performance by its core security division. Shares in the firm rose 6.2 per cent as markets opened this morning. The figures Profit at the firm fell 4.6 per cent over the period, down from £196m last year to [...]
Unilever beats sales forecasts as it retains India tea arm July 23, 2020 Unilever beat analyst expectations of a drop in sales in its latest half-year results, it revealed today, as home and food sales offset declines elsewhere, it said today. The consumer goods behemoth beat analyst expectations of a 4.3 per cent drop in underlying sales, posting just a 0.3 per cent decline for the second quarter. [...]
