Boris Johnson’s approval rating plunges following Dominic Cummings scandal May 26, 2020 Prime Minister Boris Johnson’s approval rating for his handling of the coronavirus crisis has plunged following the revelations about his chief adviser Dominic Cummings, a poll published today found. A poll from Savanta found that Johnson’s approval rating for his handling of the crisis is now below zero (minus one per cent), having dropped 20 [...]
Treasury extends CLBILS loan size to £200m as total support hits £32bn May 26, 2020 The Treasury is extending the CLBILS loan size to £200m after announcing more than £32bn in loans and guarantees have been awarded to UK firms. Chancellor Rishi Sunak today announced that businesses have benefitted from over £32bn in loans and guarantees to support them during the coronavirus crisis. With lockdown restrictions limiting business, Sunak introduced [...]
Coronavirus-related deaths in England and Wales fall to six-week low May 26, 2020 Deaths involving coronavirus fell to a six-week low in the week to 15 May, according to figures released today by the Office for National Statistics (ONS). Of the deaths registered during the week to 15 May, 3,810 mentioned coronavirus, 120 fewer than in the previous week. The total number of deaths registered in England and [...]
Hong Kong gambling tycoon Stanley Ho dies aged 98 May 26, 2020 Stanley Ho, the Hong Kong tycoon who transformed Macau into a global gambling hub, has died at the age of 98. The hedonistic mogul, dubbed the king of gambling, led one of the world’s most lucrative gambling businesses through his flagship firm SJM Holdings, valued at roughly $6bn (£4.9bn). Ho, who was one of Asia’s [...]
Coronavirus: Minister resigns over Dominic Cummings lockdown row May 26, 2020 A government minister has resigned over senior adviser Dominic Cumming’s lockdown trips. Douglas Ross, MP for Moray, said that while he accepted Cummings’ justification for his trips, this was “not shared by the vast majority of people who have done as the government asked”. Ross, who also served as under-secretary of state for Scotland, said [...]
Michael Gove says he has driven to test his eyesight as he defends Dominic Cummings May 26, 2020 Cabinet Office minister Michael Gove defended his former protege Dominic Cummings today in an interview during which he said he too had taken drives to test his eyesight. Cummings yesterday defended his sighting at Barnard Castle in County Durham during the height of lockdown by saying he and his wife and child had taken a [...]
S4 Capital acquires data analytics group in face of coronavirus May 26, 2020 The coronavirus crisis will not stop Martin Sorrell’s expansion plans, with his business S4 Capital today acquiring a data analytics group. Marketing guru Sorrell said: “Now is not the time to slow down, as we see Covid-19 accelerating digital transformation – at all levels, consumer, media and enterprise.” His comments came as S4 Capital today [...]
The accelerating adoption of emerging technology May 26, 2020 During this time of Covid-19 virus lockdown, many people and industries are in a state of stasis with the hope that coming out of lockdown will recover everything quickly. Many commentators and economic advisors worry about the future, as the impact on jobs and companies could be damaging for many years to come. The emerging [...]
Signals of growth: Crypto’s journey toward the mainstream May 26, 2020 From pop culture icons to industry behemoths, crypto is indeed gaining momentum. Last week, many on crypto Twitter were surprised to see a post from JK Rowling responding to one of crypto’s renowned reporters, Leigh Cuen, with a question: “I don’t understand bitcoin. Please explain it to me.” I describe what followed as pandemonium. Crypto [...]
Airline stocks rise on lockdown hopes and Lufthansa bailout May 26, 2020 Airline stocks were among the best performers on the FTSE 100 this morning as investors were cheered by further easing of lockdown measures and Lufthansa’s rescue deal. On Monday Germany agreed a €9bn lifeline for Lufthansa, agreeing a bailout plan which gives the government a veto in the event of a hostile bid. The German [...]
