Warner Bros delays Batman as pandemic continues to weigh on film industry October 6, 2020 Warner Bros has delayed four DC films including superhero blockbuster The Batman, as the pandemic continues to wreck filming schedules and studio release dates. The dark knight’s latest installment, featuring Hollywood star Robert Pattinson, was set to be released on 1 October next year, but has now been postponed until 4 March 2022 after social [...]
Church of England ‘failed to protect children from sexual predators’, report finds October 6, 2020 The Church of England failed to protect children and young people from sexual predators within their ranks, according to an inquiry report published today. Almost 400 clergy members or people in positions of trust associated with the Church were convicted of sexual offences against children from the 1940s to 2018, a much-anticipated Independent Inquiry into [...]
City urges government to rip up ‘fundamentally unfair’ immigration system October 6, 2020 The City of London Corporation has urged the government to shake up its “fundamentally unfair” immigration system to boost the UK economy’s post-pandemic recovery ahead of the Brexit transition period deadline. In a report released today in collaboration with EY, the City body called on the Home Office to “rip up the red tape” and [...]
Watches of Switzerland shares soar as it clocks strong sales during pandemic October 6, 2020 Watches of Switzerland has raised its full-year expectations after the company saw sales jump 20 per cent over the last quarter, sending shares up almost 23 per cent in morning trading. Revenue at the luxury watchmaker beat expectations over the 10 weeks to 25 October, hiking 20.2 per cent year on year to £202.7m. The [...]
FCA amps up crackdown on coronavirus-related fraud October 6, 2020 The Financial Conduct Authority (FCA) has ramped up efforts to crack down on coronavirus-related fraud during the pandemic through the rollout of two new sandbox services. Sandboxes allow companies to innovate new products without being subject to usual regulation, allowing them to test financial services before developing them globally. The FCA’s two new sandboxes, launched [...]
Bristol-Myers Squibb to buy heart drugmaker MyoKardia for $13.1bn October 5, 2020 US pharmaceuticals giant Bristol-Myers Squibb is set to acquire California drugmaker MyoKardia for $13.1bn (£10.1bn), in a merger deal that will significantly expand its roster of cardiovascular drugs. Bristol-Myers Squibb today said it had agreed to pay $225 a share for the drugmaker, marking more than a 60 per cent premium on MyoKardia’s closing price [...]
Coronavirus: Tory MP slams local lockdowns as ‘devastating’ October 5, 2020 A prominent Tory backbencher has slammed the government’s introduction of local lockdowns across the UK as “devastating”, claiming they infringe on the public’s freedom and should be swapped for a “risk-based” approach. Tory MP and former Brexit minister Steve Baker told the Conservative party conference today that local lockdowns “aren’t working”, while dwindling hopes for [...]
Odeon to go ‘weekend only’ at a quarter of its UK cinemas October 5, 2020 Odeon has announced it will shutter a quarter of its sites during the week, marking the latest in a series of shake-ups to the UK’s ailing cinema industry in the wake of the pandemic. Odeon, which owns 120 cinemas in the UK and Ireland, has informed members of its Limitless loyalty scheme that a portion [...]
US stocks and FTSE 100 jump as markets rebound on signs of Trump’s health improving October 5, 2020 US stocks jumped this afternoon, while the FTSE 100 climbed steadily following reports that President Donald Trump’s health was improving. Wall Street’s Dow Jones and tech-heavy Nasdaq both gained more than one per cent in early trading. The S&P 500 climbed 0.9 per cent, following a sharp sell-off last Friday on the President’s announcement that [...]
Deliveroo appoints Goldman Sachs to oversee London float October 5, 2020 Deliveroo has appointed Goldman Sachs to oversee its long-awaited London flotation, according to reports, in a move that would value the UK food delivery company at more than £2bn. The Amazon-backed startup is expected to debut on the London stock market next year following discussions with the investment banking firm, Sky News reported. Deliveroo declined [...]
