Hong Kong Racing Tips: Doctrine looks a Beauty of a ride for Moreira March 31, 2020 JOAO Moreira will be the jockey to follow for the majority of local racing fans when the action gets underway on the all-weather at Sha Tin today. ‘Magic Man’ Moreira delivered a five-timer, much to the delight of his many thousands of supporters, at the same course on Sunday and they will be anticipating more of [...]
FTSE 100 marks worst quarter since 1987 despite rise today March 31, 2020 The FTSE 100 rose marginally today after China’s factories showed signs of bouncing back in March, but still delivered its worst quarter since 1987 as investors panic over coronavirus. Britain’s blue-chip index closed 1.68 per cent higher today at 5,657 points. That pushed on from yesterday, when the FTSE 100 rose as the spread of [...]
Coronavirus: CBI calls for urgent economic relief for ‘stranded middle’ businesses March 31, 2020 Support must be given to “stranded middle” businesses who are not eligible for the government’s coronavirus relief package and are at risk of going bust, according to the CBI. The government’s £330bn business interruption loan scheme is open to companies with revenue of less than £45m, while large investment grade companies can access the Bank [...]
UK coronavirus death toll rises 381 to 1,789 March 31, 2020 The number of deaths from coronavirus in the UK rose 27 per cent in the past day to 1,789, according to government figures. Figures from the Department of Health show an increase of 381 deaths, by far the biggest daily increase so far. The number of confirmed cases of coronavirus in the UK rose 14 [...]
How technology is helping to maintain positive workplace culture during self-isolation March 31, 2020 Covid-19 has been disruptive to many aspects of our lives – including our work. For most organisations, remote working is quickly becoming the new normal, yet it’s a muscle many are just starting to develop. And while this transition is vital to keep employees safe, it brings with it a wealth of new challenges. Without [...]
Coronavirus: Debenhams seeks landlord support for new restructuring plan March 31, 2020 Embattled department store Debenhams is reportedly in urgent talks over a further restructuring plan that could involve more store closures. The high street chain has ramped up discussions with landlords due to the coronavirus outbreak. Debenhams’ lenders, which took control of the retailer last year, are unwilling to provide further funding without landlords agreeing to [...]
Coronavirus: UK airports renew calls for government aid as passenger numbers plummet March 31, 2020 The UK’s aviation sector has renewed calls for the government to do more to prop it up through the coronavirus pandemic, as new figures showed that UK passenger numbers could drop by a third in 2020. According to the International Air Transport Association (IATA), the UK is on course to see 113.5m fewer passengers pass [...]
Engineering is essential to addressing the coronavirus crisis March 31, 2020 At first it seemed – at least in commentary – that dealing with the Covid-19 crisis was mainly a task for epidemiology, medical and public health experts, and they continue to lead the global effort to combat the outbreak. But the cross-sector scale of the challenge became apparent last week with the UK government’s appeal [...]
UK firms say they are still under threat despite coronavirus support March 31, 2020 More than two thirds of UK managers say the coronavirus outbreak poses a high or severe threat to their companies, despite the government’s unprecedented economic package, a survey showed today. The Institute of Directors (IoD) business group, which produced the survey, said more must be done to support firms. It said the government should extend [...]
Retail landlord New River suffers drop in rent payments due to coronavirus March 31, 2020 Retail landlord New River received 60 per cent of its quarterly rent due this month as tenants were forced to close due to the coronavirus outbreak. The shopping centre owner said it was working with occupiers that had not yet paid to recover late payments or agree alternative solutions such as deferment or transition to [...]