Tourism industry pushes for October bank holiday to fill £37bn hole May 19, 2020 The government is considering plans for an extra bank holiday in October to give some respite to the UK’s battered tourism industry. The proposal has been spearheaded by Visit Britain, the UK’s tourism agency, whose acting head today told MPs that the industry was on course to lose £37bn this year. Speaking to the Digital, [...]
TCI files criminal complaint against Wirecard executives in Munich May 19, 2020 TCI Fund Management has today filed a criminal complaint against Wirecard executives in Munich, escalating the activist campaign against the payments group. The filing of a complaint with the Munich prosecutors piles further pressure on Wirecard’s chief executive Markus Braun, who TCI has called on to resign. TCI fund manager Sir Christopher Hohn last month [...]
Hong Kong Racing Tips: You don’t need to be Brave to back Whyte’s King May 19, 2020 FORMER 13-time champion jockey Douglas Whyte has made an impressive start to his first season as a trainer in Hong Kong. Whyte has been as meticulous as ever, planning the right races for his horses – a trait he has carried over from his former career when riding an all-time record of 1813 winners in Hong Kong. [...]
Asda sales jump but grocer warns over consumer confidence slump May 19, 2020 Asda reported a jump in sales in the first quarter of the year, but warned that customers are increasingly concerned about the economic impact of the coronavirus pandemic. The supermarket, which is owned by US retail giant Walmart, said like-for-like sales excluding fuel were up 3.5 per cent due to a surge in stockpiling at [...]
Hong Kong Racing Tips: Purton and Moreira set for Explosive night at the Valley May 19, 2020 JOCKEYS Zac Purton and Joao Moreira, currently serving up a show of their own in Hong Kong, look likely to go head-to-head again at Happy Valley today. It’s all-square in the championship race with both riders on 117 wins, and the pair have a full-book of rides on the nine-race programme. Unsurprisingly, both pilots ride horses [...]
FTSE 100 and US stocks slip as investor excitement cools May 19, 2020 US stocks have followed the FTSE 100 lower as investor sentiment cools following a dramatic rally yesterday on hopes that a coronavirus vaccine may soon emerge. Wall Street’s Dow Jones index was down 0.6 per cent shortly after the bell. The S&P 500 was 0.3 per cent lower but the Nasdaq was up 0.2 per [...]
Hackers steal 9m Easyjet customers’ data in cyber attack May 19, 2020 Low-cost airline Easyjet said this morning that hackers had obtained the email and travel details of 9m customers, and the credit card details of a further 2,000. In a statement, the firm said: “There is no evidence that any personal information of any nature has been misused. “However, we are communicating with the approximately 9m [...]
Coronavirus loans hit £22bn, but just 50 per cent of CBILS lending approved May 19, 2020 UK banks have only approved 50 per cent of applications to the coronavirus business interruption loan scheme (CBILS), data showed today, even as overall lending hit £22bn. CBILS lending data showed British lenders have distributed that cash to more than half a million UK companies, with over £14bn lent out in the form of bounce [...]
Coronavirus: What is the R number and why does it matter? May 19, 2020 Since the start of the Covid-19 crisis swathes of scientific and epidemiological terms have entered the day-to-day lexicon of normal Brits. One of these is the R number, which we’re told is key to tracking the spread of the virus and determining how and when the lockdown can be lifted. But what is the coronavirus [...]
Luggage brand Antler collapses into administration May 19, 2020 Luggage brand Antler has become the latest victim of the coronavirus crisis, collapsing into administration today due to the collapse in international travel. Big four auditor KPMG has been appointed as the administrator for the brand, which is over a century old. Administrators have already made 164 of the firm’s 199 staff redundant, KPMG said [...]
