Police on standby to help supermarkets in London lockdown March 19, 2020 Police could be called in to support UK supermarkets to deter aggressive behaviour in the event of a London lockdown as part of measures to delay the spread of coronavirus. Politicians and supermarkets have both urged the public to stop panic buying. However, demand for groceries has continued to spike. Shelves have been stripped and [...]
City of London Corporation offers rent relief for tenants March 19, 2020 The City of London Corporation has adjusted rent conditions for some of its commercial tenants to provide financial relief during the coronavirus outbreak. The local authority, a major commercial landlord, is changing rental payments for March to June to monthly billing for directly managed premises instead of quarterly billing. In a statement, the Corporation said [...]
Selfridges shuts after London staff test positive for coronavirus March 18, 2020 Luxury department store Selfridges has closed its doors after three members of staff contracted coronavirus. The retailer, which yesterday said it was planning to cut hours, announced this morning that its four stores across London, Birmingham and Manchester will close this evening. This morning the department store said that three employees at its flagship Knightsbridge [...]
Global stocks set to spiral despite coronavirus stimulus measures March 18, 2020 Global stocks looked set to slump yet again today as investor panic over the escalating coronavirus outbreak clouded the impact of major government stimulus policies. Hong Kong’s Hang Seng index slumped 3.5 per cent while Japan’s Nikkei dropped 1.7 per cent overnight, failing to follow a rally in US stocks yesterday. Wall Street rebounded yesterday [...]
Guinness owner Diageo launches fund to prop up pub staff wages March 17, 2020 Guinness owner Diageo has launched a £1m fund to support bar staff wages as pubs across the UK teeter on the brink of collapse due to coronavirus. The community fund will help some pubs and bars to pay a proportion of staff wages if they are forced to close as customers are urged to stay [...]
Major UK retailers urge chancellor for immediate business rates suspension March 17, 2020 Major British retailers have called on the chancellor to go further with measures to protect the retail, hospitality and leisure sectors from the dramatic economic impact of coronavirus. Primark, Arcadia and New Look are among the firms to sign a letter this afternoon urging Rishi Sunak to immediately suspend business rates bills until normal trading [...]
Coronavirus: All Trafalgar Square events cancelled March 17, 2020 All events set to take place at Trafalgar Square have been cancelled by City Hall until further notice. Mayor of London Sadiq Khan took the step today to shut down events at the public square, after further social distancing measures were advised by the government yesterday to combat the spread of Covid-19. This means the [...]
Coronavirus: Major cinema chains close all sites March 17, 2020 The UK’s major cinema chains have announced they will close immediately after the government yesterday ramped up the fight back against coronavirus. Odeon, Vue, Picturehouse and Cineworld have all announced the closure of all their sites across the UK, while London’s BFI Southbank has also temporarily shut after the public were told to avoid public [...]
Coronavirus: Selfridges and Harrods cut opening hours March 17, 2020 Luxury department stores Harrods and Selfridges have scaled back their opening hours in a bid to slow the spread of coronavirus. Selfridges said it will be open between 11am and 7pm Monday to Saturday at its London, Birmingham and Manchester stores. Sunday trading hours will remain the same. Meanwhile Harrods announced that from today it [...]
Coronavirus: Sadiq Khan urges government to extend business relief March 17, 2020 Sadiq Khan has asked Boris Johnson for vastly increased financial relief for London businesses affected by the coronavirus outbreak. The mayor of London wrote to Johnson today to ask that “greater levels of assistance to businesses, large and small” is given through through tax breaks and cash handouts during the outbreak. Khan has specifically called [...]