Canary Islands removed from travel corridors list after surge in cases December 10, 2020 Travellers returning from the Canary Islands from Saturday will now have to quarantine after a surge in cases on the archipelago meant its travel corridor has been taken away. Passengers will have to isolate for 14 days if they arrive before Tuesday, but if they arrive after they can opt to buy a private test [...]
Confidence in the City of London remains strong, with planning applications up in November December 10, 2020 The number of planning applications for the City of London have exceeded pre-pandemic levels, showing investor confidence in the district.
Morgan Stanley to move €100bn of assets to Frankfurt amid Brexit December 10, 2020 Wall Street giant Morgan Stanley is planning to move around €100bn (£92bn) in assets to Frankfurt in Germany to protect its business amid Brexit. Bloomberg reported that the bank plans to move the assets in the first quarter of next year, to the subsidiary Morgan Stanley Europe. Morgan Stanley is the latest lender to transfer [...]
Sport at Christmas: Why the festive period is a gift for canny PRs seeking impactful coverage December 10, 2020 Did we take for granted just how much incredible sport usually takes place throughout the festive period? In football, we have Boxing Day and New Year’s Day fixtures. Rugby, meanwhile, sees the annual Big Game in which Harlequins head across the road to Twickenham for the ultimate booze-filled day out for 80,000 fans. Inevitably, it [...]
Pound sterling sinks lower on no-deal Brexit jitters December 10, 2020 The Brexit-battered pound extended its losses against the dollar and the euro this morning, on no-deal Brexit concerns.
EU sets out plans to ensure flights and fishing are not disrupted in no-deal Brexit December 10, 2020 Brussels has set out a plan to ensure UK-EU flights and fisheries arrangements are not disrupted in the case of a no-deal Brexit on 1 January next year. European Commission President Ursula von der Leyen released a statement today to announce a proposal to “ensure the provision of certain air services between the UK and [...]
Honda looks to restart production at Swindon plant on Monday December 10, 2020 Japanese carmaker Honda said that it would try to restart production at its Swindon plant on Monday after a shortage of parts forced it suspend activities. In a statement, the auto giant said: “Production is not running today or Friday with a view to restarting on Monday.” Output was halted yesterday after transport delays at [...]
FTSE 100 edges higher as Brexit talks given Sunday deadline December 10, 2020 The FTSE 100 opened higher as the lack of progress in Brexit talks continued to pressure the pound. London’s blue-chip index climbed 0.32 per cent by 8.40 GMT as investors considered how likely a Brexit deal is. Sterling sank 0.6 per cent against the dollar and 0.8 per cent against the euro. Boris Johnson and [...]
Economic recovery slowed in October as UK GDP hit 0.4 per cent December 10, 2020 The UK’s economic recovery ground to a halt in October as lockdown restrictions tightened and the hospitality industry took a hit. GDP rose 0.4 per cent in October according to the latest Office for National Statistics (ONS) statistics, down from a 1.1 per cent growth in September. It is the sixth consecutive monthly increase in [...]
‘Firm decision’ on Brexit talks set for Sunday December 10, 2020 Boris Johnson and the EU have set a Sunday deadline for a “firm decision” on the future relationship between the two sides. Downing Street said “large gaps remain” between the EU and UK after the Prime Minister and Ursula Von der Leyen met for dinner in Brussels. Von der Leyen said the conversation had been [...]