UK coronavirus lockdown: Property sales plunge 70 per cent April 7, 2020 Property sale agreements have plummeted since the UK coronavirus lockdown restrictions were introduced, according to the latest research. The number of agreed sales has plunged 70 per cent since the government measures, which urged people not to move house, were enforced on 23 March. Sellers have not pulled their properties off the market, but the [...]
US stocks jump on signs coronavirus is slowing April 7, 2020 US stocks have surged for the second day as investors cheer signs that the coronavirus outbreak may be slowing and that lockdowns may soon be eased. Wall Street’s major stock indices all opened sharply higher. The Dow Jones was up 3.8 per cent in early trading and the S&P 500 was up 3.2 per cent. [...]
Pub companies urged to help tenants amid coronavirus crisis April 7, 2020 Pub companies have been ordered to do more to support tenants during the coronavirus crisis, after it was revealed that most regulated firms have not offered to waive rents. The Pubs Code Adjudicator, which regulates companies that own 500 or more tenanted pubs in England and Wales, said five out of six firms had not [...]
England coronavirus death toll jumps by 758 to 5,655 April 7, 2020 A further 758 people have died from coronavirus in England, bringing the total number to 5,655. The figures, released by NHS England, mark a sharp increase from the 403 deaths recorded in the country yesterday. It is also higher than the 439 deaths reported across the whole of the UK yesterday. Earlier today first minister [...]
Volkswagen fitted cars with emissions test ‘defeat devices’, High Court rules April 7, 2020 The High Court has ruled today in favour of thousands of consumers that Volkswagen used a “defeat device” on some of its diesel cars which was able to cheat emissions tests. The vehicles affected were sold under Volkswagen, Audi, Seat and Skoda brands and were fitted with an EA 189 diesel engine. The ruling by [...]
Wework sues Softbank over scrapped $3bn tender offer April 7, 2020 Wework’s special committee is suing Softbank over the Japanese investment giant’s decision to abandon a $3bn (£2.4bn) share purchase, the company confirmed today. Softbank, which holds a controlling stake in Wework, agreed to the tender offer last year as part of a dramatic rescue plan, but withdrew citing the coworking firm’s failure to meet “certain [...]
Dominic Raab and the cabinet have power to make national security decisions April 7, 2020 Foreign secretary Dominic Raab and the cabinet collectively have authority over national security decisions while Boris Johnson is unable to fulfil his role as Prime Minister. Johnson asked Raab, as first secretary of state, by Johnson last night to deputise for him after the Prime Minsiter was sent intensive care as his condition worsened. A [...]
UK petrol prices near £1 on global oil market slump April 7, 2020 Petrol prices around the country have hit their lowest levels since 2016 as the prospect of fuel trading for £1 a litre grows more likely amid the global slump in oil prices. According to the Department of Business, Energy, and Industrial Strategy (BEIS), petrol is currently being sold for an average of £1.10 per litre, [...]
Audioboom shares jump as its ramps up podcast production April 7, 2020 Shares in Audioboom rose almost 17 per cent this morning after the podcast company posted a sharp rise in revenue for the first quarter. The Aim-listed company, which hosts and distributes podcasts, reported revenue of $6.4m (£5.2m) in the first three months of 2020, up 40 per cent on the same period last year. The [...]
Boris Johnson breathing ‘without assistance’ in intensive care April 7, 2020 Boris Johnson has not required respiratory support in hospital and is breathing without any other assistance. A Number 10 official spokesman said today that the Prime Minister “has not required mechanical ventilation or non invasive respiratory support”, after being sent to intensive care last night and was in a stable condition. The spokesman said Johnson [...]
