UK to relax quarantine rules for some countries in July June 19, 2020 The government is planning on relaxing its quarantine rules for travellers coming to the UK from some countries in early July. The BBC reported that the government is hoping to make an announcement on 29 June that it has secured “travel corridors” with a number of countries. Discussions are currently still continuing between UK officials [...]
As China gears up on the cyber offensive, we need herd immunity to boost our national resilience June 19, 2020 With a GDP of $13.5 trillion, dwarfing Britain’s by almost $12 trillion, China is the third most economically powerful country in the world after Russia and the US — for now at least. And as the coronavirus outbreak disrupts the world in a way not seen since the Second World War, China is seeking to [...]
Railway bailout has cost £3.5bn so far, government reveals June 18, 2020 The UK government has thus far spent £3.5bn keeping its railways running during the coronavirus pandemic, it has been revealed. Responding to a parliamentary written question, rail minister Chris Heaton-Harris said: ‘Since the outbreak of Covid-19 the government has approved £3.5bn of additional expenditure to ensure that vital rail services continue to operate. “Of this [...]
Coronavirus safety measures risk ‘immeasurable damage’ to economy, says travel boss June 18, 2020 The economy faces “immeasurable” damage if the government veers too far towards medical safety measures to to protect agains the coronavirus pandemic, according to the boss of travel industry association ABTA. Speaking on City A.M’s The City View podcast this morning, Mark Tanzer gave a grim assessment of the problems facing Britain’s travel industry. He [...]
Three quarters of customers ready to fly, says London City Airport June 18, 2020 Ahead of restarting services on 21 June, London City Airport has said that over three-quarters of its customers have said they are likely to travel when they are told it is safe to do so. An anonymous survey of over 4,700 of the airport’s customers showed that 78 per cent of respondents were either very [...]
FTSE 100 closes higher but loses ground on second wave fears June 17, 2020 The FTSE 100 closed higher today, albeit losing some ground as markets remain jittery on fears of a second coronavirus wave in China. London’s blue-chip index climbed to trade 0.72 per cent higher during the afternoon afternoon, before closing up 0.18 per cent. The rally came despite figures released earlier today showing UK inflation falling [...]
FTSE 100 closes higher on new coronavirus drug hopes June 16, 2020 The FTSE 100 extended its gains this afternoon closing up nearly three per cent after a major development in an Oxford University clinical trial. London’s blue-chip index climbed to highs of 3.53 per cent in the afternoon, before closing up 2.96 per cent. It erased Monday’s losses when traders were jittery on second wave fears. [...]
IAG chief hits back after MPs blast BA as ‘national disgrace’ over job cuts June 15, 2020 The chief executive of British Airways (BA) owner IAG has hit back at MPs after a report from the transport select committee labelled the UK’s flag carrier a “national disgrace”. Tensions between lawmakers and the airline have become inflamed over BA’s plans to make 12,000 of its staff redundant during the coronavirus crisis. The report [...]
Lufthansa seeking to make equivalent of 22,000 jobs redundant June 15, 2020 German flag carrier Lufthansa is looking to make the equivalent of 22,000 full-time roles redundant as it seeks to restructure after the coronavirus crisis. The airline said that it was aiming to have made agreements with workers’ representatives by 22 June. The job cuts, which will impact 600 pilots, 2,600 cabin crew members and 1,500 [...]
Coronavirus: Plans for Portugal-UK ‘air bridge’ going well June 15, 2020 Portugal’s prime minister Antonio Costa has said that negotiations over an “air bridge” with the UK were still in progress and going well. Speaking to foreign media, Costa said: “We are working towards an agreement and will wait for it to happen”. If the measure is agreed, people in England will be able to travel [...]