‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
UK coronavirus death toll jumps 566 to 2,921 April 2, 2020 The UK’s coronavirus death toll jumped 569 today to 2,921, the Department of Health said. As of 9am today, a total of 163,194 people have been tested of which 33,718 tested positive, the department said. As of 5pm yesterday, of those hospitalised in the UK who tested positive for coronavirus, 2,921 have died, the department [...]
Coronavirus: Online beer and wine shop reports 1,000 per cent surge in sales April 2, 2020 Londoners have been stocking up on alcohol supplies during the coronavirus lockdown, with one online craft beer reporting a 1,000 per cent increase in sales. Beer and wine supplier Rebellious Goods said its online business has seen 11 times more orders in March compared to February, while average order sizes are three times above pre-coronavirus [...]
Second wave of nudge letters seeking offshore funds lands from HMRC April 2, 2020 In last month’s Budget, chancellor Rishi Sunak declared that the Treasury would raise an additional £4.7bn over five years by further combating tax evasion and avoidance. Thousands of letters were sent at the end of February by HMRC, asking individuals suspected of not disclosing offshore assets to review their affairs. This is sent along with [...]
Zoom vows to fix security issues as daily user numbers surge to 200m April 2, 2020 Zoom has vowed to focus its resources on fixing a string of security issues as the video conferencing app reported a surge in user numbers during the coronavirus crisis. The popular video service has faced fierce scrutiny over its security and practices in recent weeks after a number of bugs were exposed. The company today [...]
Spain’s coronavirus death toll passes 10,000 after another record day of deaths April 2, 2020 Spain’s coronavirus death toll exceeded 10,000 today after a record 950 people with the virus died overnight, the country’s health ministry said. The number of cases rose by about eight per cent from yesterday to 110,238, the health ministry said. The rate of growth of cases numbers has slowed in recent days. Spain’s total coronavirus [...]
Coronavirus: Online prices rise for medicines and stockpiled goods April 2, 2020 The online prices of essential household products and long-life food increased as demand soared due to the coronavirus outbreak. The latest data showed that online prices for high-demand products increased 1.1 per cent on average between the weeks ending 22 March and 29 March as consumers faced restrictions on visiting physical stores. According to the [...]
WHO could alter coronavirus mask advice based on new evidence April 2, 2020 Official advice on wearing masks in public could change after new evidence suggested the measure could help protect people from coronavirus. The World Health Organisation (WHO) has so far advised only people with coronavirus symptoms should wear masks in public. Those caring for people with coronavirus should also wear masks, official guidance has maintained. But [...]
MPs call for clarity over coronavirus support for film and TV workers April 2, 2020 MPs have urged the government to clarify what support it will offer to people in the UK’s entertainment sector who are unable to work due to the coronavirus outbreak. The Digital, Culture, Media and Sport (DCMS) Select Committee warned there was a loophole in government measures that meant many workers could be excluded from existing [...]
Coronavirus: Carnival shares sink as cruise operator raises equity April 2, 2020 Cruise ship owner Carnival saw its shares sink over 8 per cent this morning after the firm said it had raised new equity at a higher cost than expected as the firm covers itself against the coronavirus disruption. Although its cruise ships are currently moored due to extensive restrictions on travel, the firm managed to [...]
Formula One’s 2020 outlook downgraded to negative by Moody’s April 2, 2020 The outlook for Formula One has been downgraded by Moody’s to negative in light of the disruption caused by the coronavirus pandemic to its 2020 race calendar. Formula One has cancelled its Australia and Monaco grand prix races and postponed six races scheduled between March and early June 2020. Moody’s said the disruption would lead [...]
