Coronavirus: UK death toll rises by 39 to 177 March 20, 2020 A further 39 people to have tested positive for coronavirus have passed away today, according to NHS England. It brings the death toll in the UK to 177 with 167 of those coming in England. There have been six deaths in Scotland, three in Wales and one in Northern Ireland. The majority of them are believed to be in [...]
London coronavirus outbreak: Tube travel plunges 70 per cent March 20, 2020 The number of Londoners taking the Tube has plummeted 70 per cent amid the coronavirus outbreak, Transport for London (TfL) confirmed today. The number of London Underground commuters will fall even further as people are urged not to take public transport, TfL also warned. Bus journeys have fallen 40 per cent too, London’s transport body [...]
FTSE 100 climbs as global markets rally on unprecedented stimulus measures March 20, 2020 The FTSE 100 has climbed back into the green as investors eyed a fresh wave of government support for companies coming under financial strain due to the coronavirus pandemic. The blue chip index added over five per cent just after the open but then pared back gains to stand at just over one per cent [...]
Coronavirus: Jaguar Land Rover halts production at all UK plants March 20, 2020 Britain’s largest car manufacturer Jaguar Land Rover is to suspend all production at its UK production plants from next week in an effort to minimise the spread of Covid-19. The Coventry-based automotive firm, which has plants in Solihull, Bromwich and Halewood, said manufacturing would resume on 20 April, “subject to review of the rapidly-changing circumstances.” [...]
Coronavirus live: Social distancing needs to be in place for most of a year, say government advisers March 20, 2020 1.35pm: Social distancing measures need to be in place for “most of a year” Scientists advising the government have said social distancing measures need to be in place for “at least most of a year” to combat the coronavirus outbreak. In a press conference last night, Prime Minister Boris Johnson said the UK could “turn [...]
Coronavirus: British Airways pilots to take 50 per cent pay cut March 20, 2020 British Airways pilots will take a 50 per cent pay cut in April and May as it battles to survive the impact of the coronavirus outbreak. BA’s 4,500 pilots will take two weeks of unpaid leave each month but the reduction to their wages will be spread over the next three months, according to Sky [...]
Oil prices rally above $30 – but fail to hold onto gains March 20, 2020 Oil prices rallied today following a torrid week due to the outbreak of coronavirus and the fallout of a huge price war. The price of Brent Crude opened just over $30 a barrel this morning after falling to $26 yesterday. But it then slipped back almost two per cent to $27.92. World Texas Intermediate (WTI) [...]
Coronavirus: US stocks lift on stimulus measures despite Europe turmoil March 20, 2020 US stocks lifted slightly on the open this afternoon as traders reacted to massive amounts of government stimulus aimed at containing the coronavirus crisis. The S&P 500 dipped 0.5 per cent before rising just 0.1 per cent and the tech-heavy Nasdaq rose 1.3 per cent. The Dow Jones posted a 0.5 per cent rise shortly [...]
Chancellor Rishi Sunak to announce wage bailout plan March 20, 2020 Chancellor Rishi Sunak is set to announce a massive wage bailout package today to battle the UK coronavirus outbreak. Business groups yesterday pressed the government to step in to help pay workers’ wages. They want protection for millions of jobs as the number of UK coronavirus cases spiked again. Britain’s death toll from coronavirus reached [...]
Coronavirus: Spain death toll surpasses 1,000 as Germany threatens curfews March 20, 2020 The death toll in Spain due to coronavirus has surpassed 1,000 as it climbed by 235 today. There are now 19,980 confirmed cases of Covid-19 across the country, while Germany has threatened to impose strict curfews. More than a third of the cases in Spain are in the capital of Madrid. Army specialists were sent [...]