Mayor candidate Shaun Bailey: TfL bailout was ‘inevitable’ May 11, 2020 London mayoral candidate Shaun Bailey has claimed that Transport for London’s (TfL) bailout bid was “inevitable” and would have happened even without the coronavirus crisis. The Tory candidate told City A.M.’s daily podcast The City View that TfL was “bankrupt, virtually” and that its bid for a £2bn bailout from central government was because of [...]
Exclusive: EU accused of ‘politicising’ City of London in Brexit trade talks May 11, 2020 EU negotiators have been accused of politicising the UK’s financial services sector in Brexit trade talks, after suggestions the bloc could shut the City of London out of its markets if the UK does not budge on other areas during negotiations. A senior EU official told City A.M. that Brussels will only grant the British [...]
UK social distancing eased under lockdown exit strategy May 11, 2020 The government has eased its social distancing measures, announcing that households will be able to socialise in the park at a two-metre distance or play sports like tennis and golf. The government’s 60-page coronavirus strategy, released today, also revealed that people will be able to meet one friend not from their household in a public [...]
Revealed: Government’s 50-page plan to end coronavirus lockdown May 11, 2020 The government has published a 50-page coronavirus recovery strategy that outlines key dates to restart the UK economy after lockdown. Prime Minister Boris Johnson today advised that “non-essential” English retailers could be allowed to open as soon as 1 June. Some pubs, restaurants and cinemas could open as early as 4 July as a part [...]
Taxi drivers, bus drivers and security guards most at risk from Covid-19 May 11, 2020 Security guards, taxi drivers and bus drivers are the professions most at risk from dying from Covid-19, according to new figures from the Office of National Statistics (ONS). The new figures also revealed that health workers had no increased risk of dying from coronavirus, but that care workers and home carers had “significantly raised rates [...]
Coronavirus lockdown: Boris Johnson tells millions to get back to work May 10, 2020 Thousands of workplaces across England have been told to open up from tomorrow and people will be able to spend more time outside from Wednesday, after Boris Johnson outlined the government’s three-stage roadmap for easing the coronavirus lockdown. The Prime Minister said during a pre-recorded address tonight that “anyone who can’t work from home” such [...]
Captain Tom Moore to be honoured with City of London award May 10, 2020 The 100-year-old who captured the nation’s heart Captain Tom Moore will be awarded the Freedom of City of London award next week. Moore has raised more than £33m for the NHS during the coronavirus crisis by doing laps of his backyard on his walking frame. The World War II veteran, who has been tipped by [...]
Obama: Donald Trump’s coronavirus response a ‘chaotic disaster’ May 10, 2020 Barack Obama has labelled Donald Trump’s response to the coronavirus crisis as a “chaotic disaster” in a private conference call to former staff. The former President was on the call to urge the former members of staff to join the Joe Biden presidential campaign, according to CNN. Trump has been widely criticised for his handling [...]
TfL seeking a £2bn bailout from central government May 10, 2020 Transport for London (TfL) is seeking a £2bn bailout from the government after its finances have been plunged into dire territory by the coronavirus crisis. TfL bosses, including London mayor Sadiq Khan, are in talks with Whitehall to secure the emergency funding after the crisis has left the body with just £1bn in the bank, [...]
Minister: Government wants to ‘encourage people to go back to work’ May 10, 2020 The government wants to encourage people to go back to work as it unveils its new coronavirus slogan, according to housing secretary Robert Jenrick. Boris Johnson will unveil a new slogan to replace the government’s “stay home, protect the NHS, save lives” mantra it has repeated throughout the Covid-19 lockdown. The Sunday Telegraph reported it [...]