Barclays outlines new climate policy amid mounting pressure from activists March 30, 2020 Barclays said it plans to cut its net greenhouse gas emissions to zero by 2050 and will only provide financing to projects aligned with the Paris Agreement climate goals. The London-based bank said it will table a resolution on its new climate policy for shareholders to vote on at its annual general meeting (AGM) in [...]
Coronavirus: More than half of Brits expect a recession March 30, 2020 More than half of Britons now expect the economy to tumble into recession within a year due to the coronavirus outbreak, a poll has shown, with pessimism about household finances rising at the fastest rate on record. Pollsters Yougov said 52 per cent of people in the UK think the economy will be in recession [...]
Dominic Cummings self-isolates with coronavirus symptoms March 30, 2020 Boris Johnson’s most senior adviser Dominic Cummings is reportedly self-isolating at home with coronavirus symptoms. A Number 10 source told the MailOnline that Cummings is still “in contact” with Downing Street colleagues. A Downing Street spokesperson said they “wouldn’t expect” that Cummings had been tested. It comes after the Prime Minister tested positive for Covid-19 [...]
Ted Baker appoints new chief executive amid coronavirus crisis March 30, 2020 Embattled fashion chain Ted Baker has appointed a new chief executive as the retailer battles the challenges caused by the outbreak of coronavirus. Acting chief executive Rachel Osborne will take on the role on a permanent basis, the company announced this morning. The former Debenhams finance chief took the reins in December when Lindsay Page [...]
UK coronavirus outbreak is slowing and antibody test could be ready in days, says top scientist March 30, 2020 The coronavirus epidemic in the United Kingdom is showing signs of slowing and antibody tests for the disease could be ready in days, a top epidemiologist has said. “We think the epidemic is just about slowing in the UK right now,” Neil Ferguson, a professor of mathematical biology at Imperial College London, told the BBC [...]
Easyjet grounds all airplanes over coronavirus March 30, 2020 Easyjet has grounded its entire fleet of more than 300 aircraft in the wake of “unprecedented” travel restrictions over the global coronavirus pandemic. The budget flyer warned today “there can be no certainty of the date for restarting commercial flights”. It has grounded its entire fleet of commercial aircraft and put its cabin crew staff [...]
Mothercare franchising deal with Boots delayed by coronavirus March 30, 2020 Mothercare said today that the start of a franchising deal with Boots has been delayed by the coronavirus pandemic. In an update to the stock exchange this morning, Mothercare said its global franchise partners “are facing considerable challenges” related to the outbreak, adding that it will “not be immune to the effect of widespread store [...]
EY resigns as auditor of Travelex owner Finablr as board members quit March 30, 2020 EY has resigned as auditor of Finablr after the troubled payments firm could not accommodate some adjustments it requested, including changing the composition of its board. Trading in the London-listed firm’s shares was suspended earlier this month after Finablr warned it was preparing for potential insolvency. It has launched an investigation into its finances. Finablr [...]
UK coronavirus: Smiths bolsters production to build 10,000 ventilators March 30, 2020 Engineering group Smiths has ramped up production of its ventilators to produce 10,000 units for the UK government’s fight against coronavirus. Production will increase from hundreds of ventilators per month to thousands to meet the huge demand, after the UK recorded 1,228 coronavirus deaths yesterday. Smiths said talks are ongoing with its supply chain to [...]
