One in 10 British businesses think they will go bust in the next three months December 10, 2020 Twelve per cent of all businesses in the UK think they will buckle in the next three months, as tough coronavirus restrictions continue to weigh on the British economy. Around eight per cent of businesses currently trading have none or little confidence of surviving over the next three months, according to the latest figures from [...]
London ‘facing Tier 3 before Christmas’ as coronavirus cases hike in two-thirds of boroughs December 10, 2020 London risks being plunged into Tier 3 before Christmas as the latest official data showed infections are on the rise in two-thirds of boroughs. Mayor of London Sadiq Khan yesterday urged people in the capital to to “follow the rules” after Public Health England figures released earlier this week showed Covid-19 cases rising in 21 [...]
Ocado lifts full-year profit forecast following home delivery boom during pandemic December 10, 2020 Ocado has raised its full-year profit forecast after the online supermarket saw grocery sales boom during England’s second national lockdown. Revenue at Ocado Retail, the company’s joint venture with Marks & Spencer, surged 35 per cent in the three months to 29 November to almost £580m. The group said full-year earnings before interest, tax, depreciation [...]
Sadiq Khan urges Londoners to ‘follow the rules’ to avoid Tier 3 before Christmas December 9, 2020 Sadiq Khan has urged millions of Londoners to “follow the rules” amid mounting fears the capital faces Tier 3 restrictions following a sharp spike in coronavirus cases. The mayor of London today issued a plea for people in the capital not to lower their “guard”, as he appealed for Londoners to follow the current Tier [...]
Regulators prohibit Pfizer vaccine for people with ‘significant’ allergies after two NHS staff suffer reactions December 9, 2020 Two NHS staff members who received the Pfizer/BioNTech vaccine on the first day of Britain’s mass vaccination programme yesterday suffered an allergic reaction, NHS England has confirmed. UK regulators have now issued a warning that people who have a history of “significant” allergic reactions should not currently receive the Pfizer vaccine. This applies to people [...]
British American Tobacco lifts guidance after pandemic burn is less than feared December 9, 2020 British American Tobacco has raised its full-year revenue guidance after the hit to cigarette demand from the pandemic was less than feared. The world’s second-biggest cigarette maker, which owns brands such as Dunhill and Lucky Strike, said its revenue hit from the Covid-19 crisis will be 2.5 per cent, down from an earlier estimate of [...]
Michael Gove insists there will be ‘no border in Irish Sea’ in Brexit divorce deal December 9, 2020 Michael Gove has defended an agreement secured yesterday on the Northern Ireland Protocol, insisting that any Brexit trade deal will not result in a border in the Irish sea. The Cabinet Office minister yesterday struck an “agreement in principle” with his EU counterpart Maros Sefcovic on post-Brexit arrangements for the Irish border. The UK agreed [...]
Astrazeneca vaccine ‘safe and effective’, study finds December 8, 2020 The Astrazeneca/Oxford University vaccine is safe and effective in vaccinating people against coronavirus, independent analysis has confirmed.
Placing London in Tier 3 would deliver ‘killer blow’ for hospitality venues December 8, 2020 Placing London in Tier 3 would represent a “killer blow” for the capital’s hospitality venues, the UK’s leading business bodies have told City A.M, amid fears that tougher restrictions lie on the horizon following a rise in infections. Latest data from Public Health England showed that London’s infection rate now stands at 169.6 per 100,000 [...]
Britain ditches controversial Internal Market Bill clause in Brexit divorce deal December 8, 2020 The government will ditch parts of the Withdrawal Agreement that would have seen the UK break international law, after reaching an “agreement in principle” on Brexit divorce issues. Cabinet Office minister Michael Gove said he was “delighted” to have reached a compromise with European Commission vice-president Maros Sefcovicon on post-Brexit arrangements for the Irish border. [...]
