UK records highest daily coronavirus cases since May September 22, 2020 The UK has recorded the highest daily number of coronavirus infections in four months, as the Prime Minister today announced fresh measures to crack down on a second wave sweeping the country. A further 4,926 people tested positive for coronavirus in the UK over the last 24 hours, marking the highest daily figure since 7 [...]
Night-time businesses slam 10pm curfew as ‘devastating’ September 22, 2020 Businesses in the UK’s night-time economy have slammed the Prime Minister’s announcement of a 10pm curfew on venues for up to six months as “devastating”, and warned that it will lead to wide-scale business collapse and unemployment. Boris Johnson today announced a 10pm curfew on all hospitality and leisure venues in England in a bid [...]
Sadiq Khan calls for emergency business support as London restrictions loom September 22, 2020 Mayor of London Sadiq Khan has called on the Prime Minister to introduce emergency financial support for businesses affected by the new 10pm curfew and warned that extra restrictions lay on the horizon for the capital. Khan said he has had “constructive” conversations with Boris Johnson today about the new 10pm curfew for hospitality and [...]
Irn-Bru owner AG Barr shares pop despite slump in revenue September 22, 2020 Irn-Bru maker AG Barr shares hiked this morning as it clung onto its revised full-year expectations despite receiving a hammer blow during the coronavirus crisis. The figures Revenue fell 7.6 per cent year on year to £113.2m for the six months to 25 July. Profit before tax climbed 19.4 per cent to £16.6m over the [...]
Private equity firm Lone Star quits race to buy Asda September 22, 2020 US private equity firm Lone Star Funds has abandoned the bidding war over British supermarket giant Asda, leaving rival asset manager Apollo as its likely suitor. The two private equity firms entered a showdown for the UK’s third-biggest grocery chain last month, after US owner Walmart opened bidding for a majority stake in Asda. The [...]
UK sports bodies call for emergency government support September 22, 2020 Britain’s leading sports bodies have called for emergency government support to prop them up through a second wave of coronavirus, as ministers prepare to scrap the scheduled reopening of stadiums across the country. A coalition of more than 100 organisations including the Premier League, Rugby Football Union and the England and Wales Cricket Board have [...]
Tiffany wins expedited trial over LVMH’s bid to ditch $16bn takeover September 22, 2020 Tiffany & Co has won a motion to fast-track its lawsuit over LVMH’s bid to abandon a $16.6bn (£12.9bn) takeover of the US jeweller. Tiffany earlier this month sought legal action against luxury goods firm LVMH after the Paris-based company said the takeover deal was “no longer possible”. LVMH, which is owned by French billionaire [...]
G4S boasts ‘resilient’ results following hostile takeover rejection September 21, 2020 Global security giant G4S today announced “resilient” results for the first eight months of 2020, as it shrugged off its rejection of a £3bn hostile takeover bid by rival firm Gardaworld last week. In a trading update, FTSE 250-listed G4S today said the group’s underlying earnings for the eight months to 31 August were ahead [...]
PM calls emergency Cobra meeting amid second wave fears September 21, 2020 Boris Johnson will chair the UK’s first Cobra meeting in four months tomorrow to discuss the government’s response to a second wave of coronavirus sweeping across the country. The Prime Minister will today hold talks with devolved leaders in Scotland, Wales and Northern Ireland, as well as Cabinet colleagues ahead of an emergency meeting with [...]
Third of Wales to enter lockdown following spike in infections September 21, 2020 Around a third of the Welsh population will enter lockdown from 6pm tomorrow after fresh data showed a sharp hike in the rate of infections in the country. The Welsh counties of Merthyr Tydfil, Bridgend, Blaenau Gwent and Newport will join Rhondda Cynon Taf with local lockdowns, Welsh health minister Vaughan Gething announced today. People [...]
