Tory MPs vote against protecting the NHS from a post-Brexit trade deal July 21, 2020 Tory MPs last night voted down an amendment to the government’s Trade Bill intended to protect the NHS from any form of control from outside the UK, in a major blow to Britain’s health service as it grapples with the aftermath of the pandemic. Labour proposed an amendment to the Trade Bill which would have [...]
Top 10 billionaires: Jeff Bezos boosts fortune by $13bn in one day July 21, 2020 Amazon founder Jeff Bezos leads a list of the world’s top 10 billionaires after seeing his personal fortune jump $13bn (£10.2bn) yesterday, in what is believed to be the largest single-day individual wealth jump of all time. Bezos’ net worth has swelled $74bn this year to $189.3bn, according to the Bloomberg Billionaire Index. The Amazon [...]
Chris Whitty: Second wave of coronavirus is a ‘really serious concern’ July 21, 2020 Professor Chris Whitty has said a second wave of coronavirus in Britain this winter is a “really serious concern”, as the chief medical officer today faced a grilling over the UK’s response to Covid-19. Facing questions from former health secretary Jeremy Hunt in a virtual meeting of the Health and Social Care Committee, Whitty said: [...]
House sales begin to recover as lockdown measures ease July 21, 2020 UK property transactions grew almost a third in the month to June as lockdown measures began to lift around the country, but remain 35 per cent down since last year as market uncertainty and the Brexit deadline continue to weigh on buyer sentiment. Around 63,250 residential property transactions took place in June, up 31.7 per [...]
Talk Talk shares slip as coronavirus eats into revenue July 21, 2020 Talk Talk shares slipped just under two per cent this morning, after the British telecoms firm reported a slip in revenue in the three months to 30 June, as Brits switched traditional phone calls for video chats during lockdown. The internet firm reported an eight per cent slump in headline revenue to £358m, down from [...]
Supermarket growth slows as shoppers return to pre-lockdown habits July 21, 2020 Grocery sales in the the UK rose 14.6 per cent year-on-year in the four weeks to 12 July, but lost the momentum seen at the beginning of lockdown as restaurants, pubs and cafes were allowed to reopen. Supermarket sales slipped from 18.9 per cent growth the previous month, as shoppers tentatively returned to their normal [...]
Ted Baker shares spike as retailer reports Covid resilience July 21, 2020 Ted Baker shares swelled more than 10 per cent this morning, as the British fashion retailer reported a resilient balance sheet in the 11 weeks to 18 July, with strong online sales as shoppers were forced to turn to their screens during lockdown. The lifestyle brand saw a 35 per cent increase in e-commerce sales [...]
Tory MPs amp up pressure for UK ban on Tiktok July 20, 2020 A group of senior Conservative MPs have warned that Chinese social media app Tiktok is”’as much a threat to Britain” as banned telecoms firm Huawei, as tensions between London and Beijing continue to sour. The government last week announced it will introduce a ban on new Huawei products from the UK’s 5G network from next [...]
Britain enters talks with Japan to fill Huawei vacuum as trade deal deadline looms July 20, 2020 The British government has entered talks with Japan to help build the UK’s 5G infrastructure after it last week banned Huawei technology from the network over national security concerns. British officials held talks with their counterparts in Tokyo last Thursday about the future of the UK’s 5G networks, according to Japanese newspaper Nikkei, with businesses [...]
Q magazine to close after more than three decades July 20, 2020 British music magazine Q has announced it is set to cease publication this month after more than 34 years in publication. Editor Ted Kessler confirmed the news on Twitter, announcing that the forthcoming issue will be its last. “I have some bad news about Q magazine,” he wrote. “The issue that comes out on 28 [...]
