Prime Minister launches investigation after furlough extension leaked November 7, 2020 Boris Johnson has launched a second leak inquiry in less than a week, after details of the chancellor’s extension of the furlough scheme appeared in newspapers before their announcement in the Commons. Rishi Sunak on Thursday extended the furlough scheme until March for businesses unable to operate during lockdown, while the BoE announced it would [...]
Wall Street slips but FTSE 100 rises as Joe Biden edges towards presidency November 6, 2020 Wall Street stocks slipped after a week of gains as Democrat challenger Joe Biden inched closer to the presidency, but the FTSE 100 rose on a mixed day’s trading. The S&P 500 dipped 0.2 per cent while the Dow Jones fell 0.3 per cent. The tech-dominated Nasdaq was 0.5 per cent lower. In the UK, [...]
Breaking: Joe Biden almost over the line with leads in Georgia and Pennsylvania November 6, 2020 Joe Biden is just inches away from becoming the 46th President of the United States after taking the lead in the key battleground of Pennsylvania. In a drastic flip from red to blue, the Democrat edged past incumbent President Donald Trump in the Southern state, leaving Biden in touching distance of Pennsylvania’s 20 electoral votes [...]
US Election: Biden’s (almost certain) win: How it happened November 6, 2020 Live updates on the US Presidential Election 2020 as Donald Trump and Joe Biden go head to head. Rolling coverage as Americans vote.
Government backtracks on Covid death charts used to justify lockdown November 6, 2020 The government has quietly replaced death rate projections that pushed England into its second national lockdown, after admitting the charts showed figures that were “too high”. Graphs presented alongside new lockdown measures at the Number 10 press conference last Saturday predicted the UK would see up to 1,500 coronavirus-related deaths a day by early December. [...]
Watchdog slams Number 10 for failing to prepare Brexit borders November 6, 2020 The UK faces “widespread disruption” after the government failed to prepare for post-Brexit border controls for British businesses, the public spending watchdog has warned. In an 85-page document released today, the National Audit Office (NAO) slammed the government for insufficient customs brokers, unprepared border sites and failure to develop adequate customs software. The report found [...]
Chancellor’s furlough extension ‘the right call’, say business bodies November 5, 2020 Business bodies have welcomed the chancellor’s extension of the furlough scheme until the end of March as “the right call”, but warned there was “more to do” to help businesses through winter lockdowns. Rishi Sunak today announced additional financial support for employees across the UK unable to work amid national lockdowns. The government will pay up [...]
Rishi Sunak extends furlough scheme until end of March November 5, 2020 Chancellor Rishi Sunak has extended the furlough scheme until the end of March, following days of wrangling over fresh financial support for businesses during the second national lockdown. The furlough scheme, which was due to wind down last Saturday, will be rolled out for the next five months — a year after it was first [...]
London coronavirus cases falling in more than half of boroughs November 5, 2020 Coronavirus cases are falling in more than half of London boroughs, according to official figures, as the capital begins to see the effects of the rule of six and orders to work from home. Latest figures from Public Health England showed that cases of Covid-19 are falling in 19 out of 32 London boroughs, suggesting [...]
Airbnb to go public ‘as early as next week’ November 5, 2020 Airbnb is set to make its initial public offering (IPO) listing as early as next week, according to reports, as the home rental company attempts to cash in on investor wanderlust during the pandemic. Airbnb has laid out plans to set an IPO price range in December, according to Reuters. The firm last month suggested [...]