Boris Johnson and Dominic Raab urge world leaders to avoid protectionist trade policies April 5, 2020 Boris Johnson and Dominic Raab have warned world leaders not to implement protectionist policies during the coronavirus crisis after Donald Trump halted millions of face masks being exported to Germany. Raab wrote an article on behalf of himself, Johnson and international trade secretary Liz Truss to urge G7 and G20 leaders to “keep trade routes [...]
Cebr: UK output has plunged 30 per cent amid coronavirus April 5, 2020 UK economic output has fallen by roughly 30 per cent, according to new research, but some sectors such as manufacturing are much worse off than other areas like insurance and finance. As coronavirus containment measures cause businesses across the country to close and demand to slump, the UK economy has slowed dramatically. Economists have struggled [...]
Matt Hancock threatens complete outdoor exercise ban April 5, 2020 Health secretary Matt Hancock has threatened to ban exercise as a part of the government’s social distancing measures if people do not follow the rules. Pictures have emerged today of people picnicking or lounging in parks and beaches across the country as some continue to flout the government’s Covid-19 lockdown rules. Hancock told the BBC [...]
Playstations and yoga mats: Online shopping surges amid UK lockdown April 5, 2020 Online shopping has boomed in Britain since the country entered coronavirus lockdown, with households buying games consoles to pass the hours and yoga mats to keep fit and healthy while movement is restricted. Transactions at major online UK retailers are at 170 per cent of their seasonal average, according to internet advertising firm Criteo. Brits [...]
Treasury plots ‘bailout taskforce’ to rescue firms from coronavirus collapse April 5, 2020 The Treasury is said to be preparing to take emergency stakes in companies that are at risk of collapse due to the coronavirus outbreak. Whitehall officials have approached a top City figure to assemble a so-called bailout taskforce that would pump funds into potential casualties of the pandemic in exchange for equity stakes, the Sunday [...]
Arcadia and Debenhams eye drastic measures as coronavirus pummels retailers April 5, 2020 The UK’s retail sector is creaking under the weight of coronavirus, with a number of high-profile names such as Debenhams, Cath Kidston and Arcadia Group scrambling to stay viable. Topshop owner Arcadia could walk away from as many as 550 of its stores this week, serving notice to landlords weeks after it shut its physical [...]
Matt Hancock denies claims of Rishi Sunak feud April 5, 2020 Health secretary Matt Hancock has denied reports of a feud between himself and chancellor Rishi Sunak over the government’s coronavirus strategy. The Mail on Sunday reported today that the pair were engaged in a feud over when to lift the UK’s lockdown and get the economy back to normal. Sunak reportedly had made presentations to [...]
Coronavirus: Keir Starmer says ‘serious mistakes made’ by government April 5, 2020 Newly crowned Labour leader Sir Keir Starmer has said “serious mistakes” have been made in the UK’s response to Covid-19 and has set out four targets for the government going forward. Starmer, who won the Labour leadership race yesterday, said the Covid-19 pandemic was not a time for “scoring political points or opposing for the [...]
Coronavirus: Brockwell Park shut on Sunday April 5, 2020 Lambeth Council last night announced that Brockwell Park would be closed today, expected to be the hottest day of the year so far. “Despite clear advice, over 3000 people spent today (Saturday) in Brockwell Park, many of them sunbathing or in large groups,” the Council tweeted late on Saturday night. “This is unacceptable. Unfortunately, the [...]
Coronavirus: Queen to tell Brits to “take pride” in response to virus April 5, 2020 THE Queen will call on her subjects to show resolve in the face of the Covid-19 pandemic in a historic televised address this evening. She will say that in “very challenging” times, “I hope in the years to come everyone will be able to take pride in how they responded to this challenge. “And those [...]
