UK records 33,364 new coronavirus cases amid fears over new strain December 21, 2020 The UK recorded 33,364 new cases of coronavirus on Monday as markets panicked and countries blocked travel from Britain over fears of a new strain of Covid. The figure was lower than the 35,928 cases recorded on Sunday, which was the highest total seen during the Covid pandemic. But it was up from 20,263 cases [...]
Next year brings hope, but we’re not out of the woods yet December 21, 2020 As we approach the end of a year most of us would prefer to forget, Londoners have been dealt a fresh blow with news that the capital has been placed under the highest level of coronavirus restrictions. The new Tier 4 rules mean people should only go out for exercise or to travel for work, [...]
D&D owner: Tax supermarkets to bail out bars and restaurants December 21, 2020 In his second City A.M. column, D&D London CEO and cofounder Des Gunewardena reflects on the “horror show” of the last week, asks the government to consider a Covid-tax to help struggling restaurants, and offers his empty venues up as Covid vaccination stations. We have had some bad weeks during this pandemic, but last week [...]
Chadwick Boseman’s captivating farewell in Ma Rainey’s Black Bottom is a career best December 21, 2020 It’s hard to write about Netflix’s new musical drama without reflecting on the passing of its star. The death of Chadwick Boseman was felt around the world, such was his impact in the seven short years since his breakthrough in sporting biopic 42. While the quality of a movie seems trivial when compared to the [...]
Global markets slump amid fears of mutant virus and UK border chaos December 21, 2020 The FTSE 100 and US and European stocks tumbled on Monday while the pound slumped after countries banned travel from the UK over fears of a new coronavirus strain. Adding to the gloom on markets was the impasse in post-Brexit trade talks between the UK and the EU. Rising coronavirus cases in Britain, on the [...]
PM to host press conference later as freight stacks up at border December 21, 2020 The Prime Minister will hold a Downing Street press conference later amidst ongoing chaos at the UK-France border. Despite assurances from French authorities that goods would start moving again after a ban on Brits entering the continent, lorries have begun to stack up at Dover and other ports. The Elysee announced a total ban on [...]
Retailers feel Tier 4 pain as footfall drops 40 per cent December 21, 2020 Retail footfall plunged by 40 per cent in the areas of England put under Tier 4 restrictions such as London, laying bare the impact of the restrictions on shop-owners during the crucial Christmas period. Prime Minister Boris Johnson on Saturday announced London and parts of the south and south east of England would go into [...]
A Crypto Carol: The Ghosts of Blockchain December 21, 2020 Tis the season for crypto-mania. It’s always lovely to see all the crypto girls and boys with pound signs in their eyes huddled around their bitcoin charts waiting to see if Santa Satoshi is going to bring them another bull run before the end of 2020. And of course, the spoiled children are trying to [...]
Westminster year in review: Who is up and who is down in 2020? December 21, 2020 As the UK ushered in 2020 it looked as if Boris Johnson had an unshakeable grasp on Westminster and the Conservative party. Johnson’s election landslide win last December and his victory in dragging the UK out of the EU in January made him look infallible. Before the Open newsletter: Start your day with the City [...]
Covid has led to classic auction boom says Car and Classic CEO Tom Wood December 21, 2020 We speak with Tom Wood, CEO of Car & Classic, about how the market has changed – and which cars have rocketed in value.