One in 10 British businesses think they will go bust in the next three months December 10, 2020 Twelve per cent of all businesses in the UK think they will buckle in the next three months, as tough coronavirus restrictions continue to weigh on the British economy. Around eight per cent of businesses currently trading have none or little confidence of surviving over the next three months, according to the latest figures from [...]
Tube usage bounces back to October levels as Londoners dash for shops December 10, 2020 Tube and bus usage jumped back to pre-second lockdown levels last week as Londoners rushed back to shops, pubs, and restaurants after a month of restrictions. On 4 December, there were 1.56m journeys made on the London Underground, and 3.6m trips made by bus, data from TfL shows. That’s roughly a third higher than the [...]
London ‘facing Tier 3 before Christmas’ as coronavirus cases hike in two-thirds of boroughs December 10, 2020 London risks being plunged into Tier 3 before Christmas as the latest official data showed infections are on the rise in two-thirds of boroughs. Mayor of London Sadiq Khan yesterday urged people in the capital to to “follow the rules” after Public Health England figures released earlier this week showed Covid-19 cases rising in 21 [...]
What it’s like to launch a restaurant in a pandemic December 9, 2020 New Indian restaurant Pali Hill’s Avinash Shashidhara tells us what it was like opening a restaurant just as the government announced a national lockdown – not once but twice. I left the River café in 2018 after 10 amazing years and I felt like I was leaving home all over again. I wanted my own [...]
Sadiq Khan urges Londoners to ‘follow the rules’ to avoid Tier 3 before Christmas December 9, 2020 Sadiq Khan has urged millions of Londoners to “follow the rules” amid mounting fears the capital faces Tier 3 restrictions following a sharp spike in coronavirus cases. The mayor of London today issued a plea for people in the capital not to lower their “guard”, as he appealed for Londoners to follow the current Tier [...]
Reed chair’s fear of ‘tsunami of job losses’ turns to a bullish call rejecting a UK double-dip recession December 9, 2020 The founder and chairman of recruitment company and jobs giant Reed, James Reed has done a screeching U-turn on his outlook for the UK economy and jobs market.
Placing London in Tier 3 would deliver ‘killer blow’ for hospitality venues December 8, 2020 Placing London in Tier 3 would represent a “killer blow” for the capital’s hospitality venues, the UK’s leading business bodies have told City A.M, amid fears that tougher restrictions lie on the horizon following a rise in infections. Latest data from Public Health England showed that London’s infection rate now stands at 169.6 per 100,000 [...]
Before the Bell: Deal or no deal, as the choreography steps up December 8, 2020 Equity markets got the week off to a negative start yesterday, weighed down by a combination of concerns over rising coronavirus cases in the US, and the prospect that the UK and EU appear to be heading down a road to no deal, at the end of this month. From the initial optimism of Sunday [...]
Drink up to help out: The gin raising funds for hospitality December 5, 2020 Even with the lifting of the second national lockdown enabling some bars and pubs to reopen this week, hospitality remains one of the sectors worst affected by Covid restrictions. Hospitality Gin is a not-for-profit gin brand created to support the industry during the pandemic, offering the drinking public the opportunity to order in to help [...]
Kol restaurant review: An endlessly inventive tour through modern Mexico December 5, 2020 Restaurants have finally reopened this week and what better way to celebrate than by indulging in a tasting menu at Kol, designed by one of the world’s most highly-rated young chefs. What is Kol? Reopening on Wednesday, Kol is a Mexican fine dining restaurant that, after two years of meticulous planning, was open for just [...]