McDonald’s to reopen 15 UK restaurants amid lockdown – with one big difference May 5, 2020 McDonalds has announced which 15 restaurants it plans to open for delivery this month, including four branches in London. The fast food giant announced this morning that it will reopen its Tooting, Dalston, Harrow and Welling restaurants on 13 May. However, in order to comply with social distancing measures, McDonald’s will offer a limited menu [...]
London Capital & Finance investors could start receiving compensation this month May 5, 2020 Investors in collapsed mini-bond firm London Capital & Finance (LCF) could start receiving compensation this month. The Financial Services Compensation Scheme (FSCS) said today it would start issuing decisions on LCF claims relating to misleading advice given to its customers before the end of May. It said it had already started reviewing individuals claims and [...]
Coronavirus: What is the NHS contact-tracing app and how does it work? May 5, 2020 The eagerly-awaited NHS contact-tracing app has been rolled out for the first time today, with key workers on the Isle of Wight the first to trial the new technology. The smartphone app, which is available to healthcare and council workers from today and the rest of the island from Thursday, is expected to be rolled [...]
Coronavirus: England and Wales death toll falls for first time since lockdown began May 5, 2020 The number of deaths in England and Wales fell for the first time since the coronavirus lockdown began, according to data released today for the week to 24 April. England and Wales recorded 21,997 total deaths for the week to 24 April, Office for National Statistics (ONS) figures revealed. That is a decline of 354 [...]
More than 100,000 UK firms apply for ‘bounce back loans’ on first day May 5, 2020 UK banks have reported huge demand for “bounce back loans” on the first day of the new coronavirus lending scheme yesterday, with more than 100,000 of Britain’s smallest businesses applying by this afternoon. The bounce back loan scheme is the latest coronavirus support package for UK firms. Launched yesterday, it offers the UK’s smallest companies [...]
The City marks the sacrifice of World War II heroes May 5, 2020 This Friday at 3pm I’ll be joining millions of people across the UK and world in raising a glass to toast the heroes of World War 2, as we mark the 75th anniversary of VE Day. At the forefront of my mind of course will be the incredible Colonel Tom Moore, a man who continues [...]
Rishi Sunak: No ‘cliff edge’ to job retention scheme May 5, 2020 Rishi Sunak has moved to assure people that “there will be no cliff edge” to the government’s job retention scheme, signalling that it could be extended past June for some workers. Sunak last night said he was “working to figure out the most effective way to wind down the scheme”, which is paying the wages [...]
Coronavirus: Global trust in government surges to record high May 5, 2020 Trust in governments around the world has soared to an all-time high since January as countries continued to battle the coronavirus crisis, according to the latest research. Government trust surged 11 points to a record high of 65 per cent, as populations looked to government to take the lead on all aspects of the coronavirus [...]
Michael Spencer: PM right not to seek Brexit trade deal extension May 5, 2020 City grandee Michael Spencer has urged the government not to extend the December deadline for a Brexit trade deal, saying the Prime Minister is right “to take a hard line on this.” The billionaire financier, who voted to remain in the EU, now believes that the UK is well-placed to secure a good deal and [...]
Germany’s top court tells ECB to justify bond-buying programme May 5, 2020 Germany’s highest court has said the European Central Bank can continue buying bonds but must prove that purchases under its crisis-era programme are necessary within three months or Germany’s central bank must stop participating in the scheme. However, the judges’ decision does not impinge on the ECB’s coronavirus bond-buying scheme, under which it has pledged [...]
