Number of UK coronavirus cases hits 40 March 2, 2020 The Department for Health said today the number of confirmed coronavirus cases in the UK had risen by four to 40. The department said 13,525 people have been tested for the virus, with 40 positive results. Chris Whitty, the chief medical officer of England, said the four new patients had recently travelled from Italy. The [...]
Wizz Air agrees to launch spin-off airline out of Abu Dhabi March 2, 2020 Wizz Air has today announced that it has signed an agreement to launch a spin-off airline out of Abu Dhabi, with flights set to begin in the autumn. The Hungarian airline has entered a partnership with Abu Dhabi Developmental Holding Company (ADDH) to set up Wizz Air Abu Dhabi, a new low-cost airline servicing destinations [...]
Greenpeace targets Barclays branches over fossil fuel financing March 2, 2020 Greenpeace activists have targeted almost 100 Barclays bank branches this morning in protest over the bank’s financing of fossil fuel companies. Some 29 branches in London are affected, according to Greenpeace, with activists disabling many of the branches’ lock mechanisms so they are unable to open as usual. Campaigners are demanding the banking giant — [...]
Just Eat Takeaway.com launches arbitration proceedings against rival Delivery Hero March 2, 2020 Just Eat Takeaway.com has launched arbitration proceedings against Delivery Hero after the latter upped its stake in the newly merged business which Takeaway said violated a standstill agreement between the pair. Just Eat Takeaway.com was formed last month after UK food delivery service Just Eat merged with Dutch business Takeaway.com. Delivery Hero said last month [...]
Senior warns of turbulent 2020 on 737 Max delays and coronavirus fears March 2, 2020 Boeing supplier Senior could be in for a rough ride in 2020 after the firm warned that continued issues over the production of the 737 Max and potential disruption from the coronavirus outbreak could hit sales. Despite the warning, shares in the FTSE 250 firm rose over two per cent today. The figures Although the [...]
Coronavirus latest: UK to set out nationwide plan as Johnson warns spread ‘looks likely’ March 2, 2020 The UK government has agreed a plan for dealing with the coronavirus during an emergency Cobra meeting this morning, as the number of cases in the UK is expected to rise throughout the next few weeks. Prime Minister Boris Johnson urged people to “go about business as usual” and that the country was “very, very [...]
TfL rolls out 20mph speed limit for central London March 2, 2020 A speed limit of 20mph has come into place today on all central London roads managed by Transport for London (TfL). The rollout of the new limit will apply to 8.9km of roads within the congestion charge zone, including some in the City of London. Some of the main roads affected inlcude Albert Embankent, Millbank [...]
Saga halts Titan Travel sale as coronavirus worries weigh March 2, 2020 Over-50s insurer Saga is said to have halted the sale of one of its travel businesses as the coronavirus outbreak sparks chaos across the tourism industry. Advisers to Saga have postponed the auction of Titan, which operates escorted tours, cruises and rail journeys to various destinations around the world. A number of private equity firms [...]
City workers snap up central London homes as Brexit uncertainty fades March 2, 2020 The number of City workers snapping up property in prime central London areas surged last year as the uncertainty surrounding Brexit began to clear, according to the latest research. The percentage of buyers from the financial services sector buying properties worth more than £2m jumped to 34.6 per cent of total sales in 2019, the [...]
FTSE 100 reshuffle: The five stocks at risk of falling out of London’s blue-chip list March 2, 2020 Supermarket chain Morrisons, B&Q owner Kingfisher and travel agent Tui are among the companies at risk as the FTSE braces for a reshuffle this week. The next quarterly shake-up is due to be announced on Wednesday, based on closing prices tomorrow. NMC Health, which is facing a probe into its finances by the City watchdog [...]
