Google’s Android 10 adopted faster than any earlier version July 10, 2020 Google’s latest update to its Android operating system was adopted faster than any other previously release, reaching 100m devices in five months. This was 28 per cent faster than Google’s last release Android Pie, it said this week. After 300 days, Android 10 had been downloaded on 400m devices — approximately 16 per cent of [...]
R rate could be as high as 1 in London and England July 10, 2020 England’s R rate could be as high as one, according to new government data published today. The UK’s R rate is estimated at between 0.7 and 0.9 but England’s rate stands higher, between 0.8 and one, according to Sage. The government’s group of science advisers estimated that London’s R rate is somewhere between 0.7 and [...]
Most Brits still ‘uncomfortable’ dining out in restaurants July 10, 2020 Most Brits are still uncomfortable with sitting indoors at a restaurant due to fears over the spread of coronavirus, according to a new survey. Alongside pubs and bars, restaurants were allowed to reopen on 4 July after months in lockdown. But the latest survey by the Office for National Statistics found that six in 10 [...]
Ofcom fines Royal Mail £1.5m for missing delivery target July 10, 2020 Ofcom today fined Royal Mail £1.5m for failing to meet its regulatory first-class delivery target in 2018. The company is required by Ofcom to deliver at least 93 per cnet of its first-class post within one working day, but it fell to 91.5 per cent in 2018/19. The regulator said the postal service failed to [...]
UK government bond yields hit record low July 10, 2020 Short-dated UK government bond yields hit new lows today as unprecedented interventions from the Bank of England combined with economic uncertainty to boost the gilt market. The yield – which moves inversely to price – on the 2-year bond or gilt dropped to minus 0.122 per cent in morning trading before rebounding slightly. The yield [...]
WHO warns coronavirus is accelerating as cases pass 12m July 10, 2020 Coronavirus is not under control across the majority of the world, and is actually getting worse, according to the head of the World Health Organisation (WHO) Dr Tedros Adhanom Ghebreyesus. He said the total number of cases of coronavirus worldwide has actually doubled in the last six weeks, adding that the spread of Covid-19 isn’t [...]
Tesla nears record for first stock to reach $20bn short interest July 10, 2020 Tesla is nearing a milestone as the first stock to ever reach $20bn in shorted shares, as its share price continues to rally. Data from S3 Partners released after markets closed yesterday showed Tesla reached a short-interest level of $19.2bn, climbing as high as $19.95bn at one point. S3 analyst Ihor Dusaniwsky said yesterday Tesla [...]
‘I was mistaken for a cleaner’, says Gina Miller July 10, 2020 Investment manager and Brexit campaigner Gina Miller has revealed she was mistaken for a cleaner at a City of London event because of the colour of her skin. Miller, who grew up in Guyana and was named the UK’s most influential black person in 2017, said it is “extraordinary how those biases are still there”. [...]
Nicola Sturgeon talks a good game, but Scottish independence would be a catastrophe July 10, 2020 For everything Boris Johnson does, you can be certain Nicola Sturgeon will announce something different. While Boris blusters, Nicola states clearly and simply why and how her policies to protect Scotland are going to happen. Where Boris is distracted, she is focused. She’s a highly effective politician, who misses no opportunity to distance Scotland from [...]
Carlsberg expects better than forecast profit as China trade bounces back July 10, 2020 Danish brewer Carlsberg said today that it expects to suffer a smaller drop in profit than previously forecast after trade in China bounced back after the coronavirus lockdown. The firm said it expects a nine per cent drop in operating profit in the second quarter compared to analyst forecasts of a 26 per cent decline. [...]
