Coronavirus: Rory Stewart cancels London mayoral campaign launch March 10, 2020 Rory Stewart has cancelled his London mayoral campaign launch due to fears over coronavirus. Stewart yesterday criticised the government for not acting “much more aggressively” to stop the spread of Covid-19 and called for all schools to to be closed and all large public gatherings cancelled immediately. Last night, he said it was important for [...]
UK banks announce lending support for coronavirus-hit firms March 10, 2020 Some of the UK’s biggest banks have announced measures to help businesses and customers to cope with the economic impact of the coronavirus outbreak. Britain’s largest high-street lender Lloyds said it would offer £2bn of loans without fees to small firms hit by the virus, and said some of the worst-affected businesses would be offered [...]
British Airways and Ryanair cancel all flights to Italy as travel lockdown extended to whole country March 10, 2020 British Airways (BA) and Ryanair have cancelled all of their flights to and from Italy today after the entire country was placed into travel lockdown as coronavirus continued to ravage its population. BA, which operates 60 routes to the country, had previously cancelled a raft of flights to the north of the country, but has [...]
Ultra’s profits soar after increase in defence spending at home and abroad March 10, 2020 Electronics group Ultra has posted a 113 per cent increase in profits due to new orders. Shares in the company have risen 10.81 per cent as a result to 2,112p. The FTSE 250 listed company released its results for year ending 2019 showing profit before tax had risen to £91m in 2019 from £42.6m in [...]
How stock markets perform after heavy falls March 10, 2020 Coronavirus concerns have swept through financial markets. Globally, stocks have endured some of their worst performances since the days of the financial crisis. For instance, the US stock market, as measured by the S&P 500, fell 7.6% in one day on 9 March 2020, its fifth worst trading day since 1988. On the same day, [...]
John Menzies suspends dividend over coronavirus March 10, 2020 John Menzies will temporarily suspend its dividend for this year after warning of an expected 2020 profit blow from coronavirus. The coronavirus outbreak prompted Menzies to issue a profit warning last month, saying it expects a hit of between £6m and £9m if the outbreak subsides towards the end of the second quarter. The aviation [...]
Max Chilton on his Indy500 hopes, the dangers of IndyCar and a difficult end to his Formula One career March 10, 2020 Max Chilton’s motor racing career has been filled with highs and lows but, having found a home in North America’s IndyCar series, there is now a need to start delivering results. The 28-year-old bowed out of Formula One in 2014 and has since set about establishing himself as the fastest Briton in America. This weekend [...]
Sadiq Khan on track for landslide London mayoral election win, says new poll March 10, 2020 Sadiq Khan has extended his lead in the mayoral election race and is on track to score an easy victory, according to new polling. The YouGov/Queen Mary University polling, released today, has Khan in first place with 49 per cent of first preference votes for the upcoming 7 May London mayor election. That is four [...]
Informa delays £400m of events due to coronavirus March 10, 2020 Informa has delayed events representing £400m in revenue until later this year as part of a strategy to cope with the outbreak of coronavirus. The figures The company said this morning that it is not providing market guidance for 2020 due to the unknown impact of coronavirus on the business. However it said it expects [...]
Alex Salmond faces second day of sexual assault trial March 10, 2020 Alex Salmond will face more of his accusers in the second day of his sexual assault trial, after yesterday it was alleged he “pounced” on top of a woman and tried to rape her at the first minister’s residence. The former Scottish first minister has today arrived at the Scottish High Court in Edinburgh, with [...]
