The City View, from City A.M., with Robert Colvile April 20, 2020 In this episode, Christian is joined by author, journalist and director of the Centre for Policy Studies, Robert Colvile. Subscribe to The City View Podcast: Apple / Google / Spotify / RSS They discuss the extraordinary economic shock unleashed on the country by the coronavirus and the possible political implications. Colvile is adamant that only a [...]
Coronavirus: Knight Frank and Rightmove call for stamp duty holiday to reignite market April 20, 2020 Estate agent Knight Frank and property platform Rightmove have both backed a stamp duty holiday as part of a package of measures to reignite the housing market after the coronavirus lockdown is lifted. The companies have separately called for a stamp duty holiday to be among a range of measures designed to stimulate the market, [...]
Financial advice industry grew in 2019 despite rising costs and regulation April 20, 2020 The financial advice industry grew last year despite rising costs and widening regulation, research published today showed. The sector’s growth has been driven by ever more complex financial needs, low growth in DIY investing and a lack of alternatives to spending time with a professional adviser, the survey from fund data provider FE fundinfo found. [...]
Wage subsidy scheme opens as start-ups get new £1.25bn package April 20, 2020 Applications open today for the government’s coronavirus wage subsidy scheme as the Treasury also announces a further £1.25bn package for start-ups and research and development firms. The job retention scheme will see the government pay 80 per cent of wages, up to £2,500 a month, to furloughed employees unable to work because of the coronavirus [...]
UK retail parks fare better in lockdown than high streets and shopping centres April 20, 2020 The number of shoppers visiting the UK’s retail destinations plunged by a record amount last month due to coronavirus, however a surge in supermarket demand helped to shield retail parks. UK retail footfall plummeted 44.7 per cent in March due to the mandatory lockdown which restricted movement and forced all non-essential stores to close. In [...]
Coronavirus: European IPO market ‘virtually inactive’ since March April 20, 2020 The initial public offering (IPO) market in Europe has been “virtually inactive” since March due to coronavirus, however secondary equity raises have spiked as companies seek to shore up their finances during the crisis. Only seven public offerings were launched on European exchanges between early March and mid-April, according to the latest research. European IPOs [...]
Coronavirus hits hospitality: The industry needs your help April 19, 2020 Yes, you know the drill: The best thing you can do right now is to stay on the sofa, watching Netflix. But that’s all going to change. Radically. In a few weeks’ time, when the experts and our government pronounce it safe, one of the best things you can do to support an entire industry [...]
Coronavirus hits hospitality: Loan scheme leaves restaurants high and dry April 19, 2020 Ranald MacDonald is Managing Director of Boisdale’s Restaurants In newspapers, so I’m told, a cracking story is known as a “marmalade dropper,” so named because it stops you – and indeed your toast – in your tracks. And that’s exactly what Rishi Sunak’s announcement of a £330bn rescue package for British business to get through [...]
Coronavirus hits hospitality: London without the pubs, bars and restaurants would be so much poorer April 19, 2020 Living in London is not always easy. Over recent years, a cottage industry has developed in newspapers’ features sections in which a previously harried writer explains why they’re glad they left the Big Smoke, the packed underground trains, the occasionally grubby air. Good for them. But you try getting some decent Lebanese food at 10:30pm [...]
The Long Read: The coronavirus loan scheme risks failing the people it was designed to help April 19, 2020 When the chancellor, Rishi Sunak, vowed that the government would do “whatever it takes” to keep businesses alive during the pandemic, the immediate reaction from corporate Britain was one of relief. The pledge to pay the wages of employees unable to work and the ambition behind the £350bn package of support (combining grants, sector-specific relief [...]
