Coronavirus: Italy confirms 133 new deaths in a day as lockdown begins March 8, 2020 Italy has confirmed more than 100 new deaths from the coronavirus outbreak today alone, with the official tally now up to 366. The new figure was released after the Italian government placed 16m people in its affluent northern regions under a virtual lockdown, in an attempt to restrict the spread of the coronavirus, which has [...]
British fashion giant Stella McCartney swings to £11m loss March 8, 2020 British fashion label Stella McCartney swung to an £11m pre-tax loss in 2018 as the fashion house’s costs skyrocketed. Expenses incurred by the eponymous owner Stella McCartney’s decision to buy out luxury giant Kering’s 50 per cent stake in her company, along with flat-lining sales at £42.6m pushed the brand into the red. The disappointing [...]
London broadband firm G Network eyes bumper funding boost March 8, 2020 London full-fibre broadband firm G Network is said to be seeking a huge funding boost as network providers race to roll out superfast internet connections across the UK. G Network, which targets affluent central London postcodes including Mayfair, Marylebone and Chelsea, has reportedly hired bankers from Rothschild to locate new funds over the coming months. [...]
Mining boss Beny Steinmetz hit with High Court freezing order March 8, 2020 Mining tycoon Beny Steinmetz and a company linked to him have reportedly had assets including two private jets and a yacht frozen by the High Court. Steinmetz is locked in a fight over compensation with Brazilian mining company Vale which sought the orders, the Telegraph reported. Steinmetz and five former executives from his company BSGR [...]
England show grit to hold off late Wales surge and win Triple Crown March 8, 2020 England sealed the Triple Crown and kept their Six Nations hopes alive – in theory, at least – with victory against Wales on Saturday, but they were made to work for it. The hosts had to cling on as they finished the match with 13 men despite being the better side for long periods and [...]
Chelsea 4-0 Everton: Giroud and Gilmour lead Lampard to dominant win on a perfect day for the hosts March 8, 2020 This season Stamford Bridge has been nothing like a fortress. West Ham, Bournemouth, Southampton and Manchester United have all taken three points on visits to SW6. Before this one-sided, free-flowing 4-0 hammering of a hapless Everton on Sunday Chelsea had scored just 18 of their 47 Premier League goals at home – the lowest percentage [...]
Serious Fraud Office looking at Lloyds Bank and KPMG claims March 8, 2020 The Serious Fraud Office (SFO) is reportedly examining allegations that Lloyds Banking Group and KPMG drove a property group into administration by saddling it with fees. Fraud office investigators have been interviewing witnesses over claims the Angel Group was deliberately driven into liquidation, the Telegraph reported. According to the report, the SFO has not launched [...]
Norwegian under scrutiny amid concerns over carrier’s debt pile March 8, 2020 A number of hedge funds have increased their bets against Norwegian Air amid concerns that the low-cost carrier could follow Flybe into bankruptcy due to the slump in demand due to the coronavirus outbreak. According to IHS Markit data obtained by the Sunday Telegraph, nearly 16 per cent of the airline’s stock is on loan [...]
Coronavirus: Tesco rations essential food and household items March 8, 2020 Tesco has begun rationing essential food and household items as shoppers stockpile amid the coronavirus outbreak. Customers are limited to buying no more than five of each of the rationed goods, including antibacterial gels, wipes and sprays, dried pasta and UHT milk. The rules apply both in store and online. Waitrose has also reportedly introduced [...]
Real estate charity cyclists in 1,500km Regent’s Park ride after Mipim relay cancelled over coronavirus worries March 8, 2020 Cyclists from the real estate sector are trying to cover 1,500km around Regent’s Park this week after a planned charity relay to the Mipim conference in Cannes was cancelled over coronavirus fears. The annual Cycle to Mipim ride was cancelled after the real estate bonanza, which was set to take place in the south of [...]
