Coronavirus: Panic buying sparks surge in flexible storage demand March 30, 2020 Coronavirus panic buying has caused a 50 per cent jump in food production that has put pressure on UK supply chains, according to the latest research. Providers of flexible industrial space have reported an uptick in demand as supermarkets urgently attempt to cope with a surge in customer orders due to the pandemic. Grocers have [...]
Coronavirus: Government slams ‘breath holding’ advice amid fake news crackdown March 30, 2020 Specialist government units have been forced to rubbish claims that holding your breath for 10 seconds is a test for coronavirus amid a surge in misinformation about the pandemic. Number 10’s Rapid Response Unit identified the claim in posts circulating on Facebook and Whatsapp that claimed to come from a board member at Stanford Hospital. [...]
Jefferies Group finance chief dies of coronavirus complications March 29, 2020 Investment bank Jefferies Group said today that its chief financial officer had died from coronavirus complications. Peg Broadbent, 56, was based in New York but grew up in London and qualified as an accountant in the UK with PwC. Chief executive Rich Handler and president Brian Friedman said: “We are heartbroken and grieve that our [...]
State could be landed with £8bn rail pension deficit March 29, 2020 Taxpayers could be on the hook for £8bn of railway pensions after the government effectively nationalised a portion of the rail system after coronavirus hit demand. The Telegraph reported that the massive government intervention could shift the pension deficit of franchises from the private sector to the public sector. The Department for Transport (DfT) last [...]
Trump says Meghan and Harry must pay for own protection in the US March 29, 2020 US President Donald Trump said today that prince Harry and his wife Meghan Markle must pay for their own security if they move to the US. “I am a great friend and admirer of the Queen & the United Kingdom. It was reported that Harry and Meghan, who left the Kingdom, would reside permanently in [...]
Extending the lockdown could have deadly consequences March 29, 2020 A week into what began as a three-week lockdown, the goalposts have been moved. Government ministers and health officials spent the weekend recalibrating expectations, making it clear that people must be prepared for these unprecedented measures to last into June, perhaps longer. The message from the government is that the measures cannot be lifted until [...]
Trump rolls back on New York coronavirus quarantine plan March 29, 2020 US President Donald Trump this weekend rowed back on suggestions that coronavirus-hit New York could be quarantined after criticism from the state’s governor. Trump said on Saturday afternoon that he might impose a ban on travel in and out of New York and parts of New Jersey and Connecticut, the parts of the US worst-hit [...]
Coronavirus: Top central banker calls on governments and banks to do even more March 29, 2020 The head of the Bank for International Settlements (BIS) has urged governments and central banks to do more to aid their economies threatened by the coronavirus crisis. On Sunday, Agustín Carstens, general manager of the BIS, an umbrella organisation founded to foster cooperation between the world’s central banks, said more stringent solutions were needed than [...]
Public support for Boris Johnson’s coronavirus response soars March 29, 2020 Public approval of Boris Johnson’s handling of the coronavirus has soared in the past week after announcing a police-enforced lockdown. A new ORB International survey has found that 67 per cent of Britons think the government has handled the coronavirus outbreak well – an 18 per cent increase from a week ago. A YouGov/Sky News also [...]
Coronavirus: Deliveroo to provide 500,000 free meals to NHS staff March 29, 2020 Deliveroo has pledged to deliver 500,000 free meals to NHS workers across the country as the UK gears up for the peak of the coronavirus outbreak. The delivery firm said it has begun providing meals to NHS trusts, while customers will be able to donate funds to buy food for doctors and nurses through its [...]
