‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
Coronavirus shutdown set to hit youngest workers and women hardest April 6, 2020 Sector-wide shutdowns caused by the coronavirus outbreak will have a disproportionate impact on the youngest and lowest paid workers and women, a top think tank has warned. The government-ordered lockdown has shuttered restaurants, shops and leisure facilities, while air travel has been halted and public transport reduced. But analysis published today by the Institute for [...]
UK house prices set to drop as sales plummet during pandemic April 6, 2020 UK house prices are set to fall three per cent this year as market activity grinds to a halt during the coronavirus crisis, forecasts published today revealed. House sales are expected to plunge 38 per cent year on year to 734,000 transactions assuming the current lockdown remains in place until the end of May, according [...]
Rent payments must be maintained where possible, say landlords April 6, 2020 Tenants must continue to pay their rent where possible, landlords have said, citing concerns about a lack of clarity over rent holidays. The National Residential Landlords Association (NRLA) today said an increasing number of tenants believed they no longer had to pay rent due to the pandemic. But the trade body insisted residential rent should [...]
Video games firms tapped to feature in-game coronavirus health messages April 6, 2020 The government has teamed up with the British video games industry to insert public health information about coronavirus into some of their most popular hits. Candy Crush Saga, Sniper Elite 4 and Dirt Rally 2.0 are among the games that will feature the ‘Stay at Home, Save Lives’ slogan. The government has already launched ads [...]
Coronavirus: PM Boris Johnson admitted to hospital April 5, 2020 DOWNING Street has tonight confirmed that the Prime Minister has been admitted to hospital after displaying continued coronavirus symptoms. A No.10 spokesman tonight said: “On the advice of his doctor, the Prime Ministerr has tonight been admitted to hospital for tests. “This is a precautionary step, as the Prime Minister continues to have persistent symptoms [...]
Coronavirus: The Queen’s speech to the nation in full April 5, 2020 The Queen tonight gave an historic televised address to the nation, calling on Brits to band together in the fight against the coronavirus pandemic. In the speech — only her fifth peacetime address outside her annual Christmas message — the Queen thanked frontline medical staff and said Britain would overcome the crisis. She also made [...]
‘We will overcome it’: Queen calls for unity as she thanks NHS staff April 5, 2020 The UK will overcome the coronavirus crisis if it remains “united and resolute”, the Queen said today as she thanked frontline medical staff for their efforts in fighting the pandemic. In an historic televised address from Windsor Castle this evening, the Queen acknowledged the “very challenging time” for the country, but insisted that “we will [...]
PwC UK freezes pay as partners told they will shoulder financial burden of crisis April 5, 2020 PwC UK froze promotions, pay rises and bonuses for staff last week and told partners they will shoulder the financial burden of the economic crisis triggered by the coronavirus lockdown. The Big Four firm has delayed its staff appraisal programme that normally kicks off after 31 March, meaning bonuses, pay rises and promotions will not [...]
Europe starts preparations for easing of coronavirus lockdown April 5, 2020 Governments across Europe have started preparations for a gradual easing of the coronavirus lockdown as officials seek a safe strategy for returning their countries to normality. France, Spain, Belgium and Finland are among countries that have set up expert committees to explore a staggered lifting of stay-at-home orders for some schools and businesses, the Financial [...]
Excel centre u-turns on charging NHS for temporary hospital April 5, 2020 Owners of the Excel London have decided to not charge the NHS to use the convention centre as a temporary hospital after a barrage of criticism. Excel centre chief executive Jeremy Reeves released a statement today to say the building’s owners, Abu Dhabi National Exhibitions Company (Adnec), would waive the fixed costs it had previously [...]
