New lockdown guidance gets widespread approval in Westminster June 23, 2020 Prime Minister Boris Johnson’s announcement today that the two metre social distancing will be scrapped in favour of new “one metre-plus” guidance from 4 July was met with widespread approval from Westminster, as the public prepares to revitalise the British economy after months of lockdown. Business Ministers welcomed the new guidance as providing a lifeline [...]
Number 10 will no longer hold daily coronavirus briefings June 23, 2020 Downing Street will no longer hold daily press briefings, the government announced today, as England begins to emerge from months of lockdown ahead of a nationwide relaxation of social distancing rules. Number 10 said that this evening’s 5pm news conference will be the last to be held on a daily basis, as the rate of [...]
Competition watchdog moves closer to green light on Amazon and Deliveroo deal June 23, 2020 The Competition and Markets Authority (CMA) is set to make the first step in giving the tie-up between Amazon and Deliveroo the green light. The announcement, which could be made this afternoon, would reissue a provisional approval of Amazon’s £442m deal to buy a 16 per cent stake in Deliveroo, Sky News reported. The watchdog [...]
Lockdown eased: Boris Johnson cuts two-metre rule to ‘one metre-plus’ June 23, 2020 The Prime Minister has announced that the two-metre social distancing rule will be relaxed from 4 July, when pubs, bars, cafes, art galleries, museums, hotels and cinemas are set to reopen after months of closure. Boris Johnson today said a dramatic fall in the rate of infection means “we can now safely ease the lockdown [...]
UK economy set to return to growth in third quarter after coronavirus chaos June 23, 2020 The UK economy’s coronavirus-induced downturn eased in June as key health indicators hit a four-month high, according to a closely-followed survey. The UK’s economic output hit a measure of 47.6 on IHS Markit’s flash purchasing managers’ index (PMI), a four-month high. Anything below 50 represents a contraction. But it was a stark improvement from May’s [...]
Tax system to the rescue: Six policy tweaks that could kickstart the economy June 23, 2020 The past three months have seen a deluge of economic, political, and legal moves that would have been unthinkable at the start of the year. As civil liberties were curtailed on a scale never seen in peacetime and ten million children were turned away from school, new hospitals were built in a matter of weeks, [...]
Grocery sales surge in lockdown as shoppers go online June 23, 2020 Grocery sales in the UK grew 18.9 per cent in the four weeks up to 14 June, new data has shown, as online shopping and convenience stores continued to attract shoppers through the coronavirus lockdown period. According to data firm Kantar, online sales were the main driver of the rise, increasing 91 per cent over [...]
PM to reopen cinemas, museums and galleries in England June 23, 2020 Museums, cinemas, galleries and other cultural venues are set to be allowed to reopen as long as social distancing measures are kept in place, Prime Minister Boris Johnson is expected to announce this afternoon. The easing would come into effect on 4 July, in tandem with the reopening of other parts of the hospitality industry [...]
Getting small businesses match fit for economic recovery June 23, 2020 The coronavirus pandemic is having a profound shock on the economy, with UK GDP dropping by a record 20.4 per cent in April. Businesses of all sizes have been shaken, with many — especially smaller ones — struggling to survive. It has also become clear that there is no longer a separate digital economy and [...]
Adapt planning and licencing rules or risk losing the high street forever June 23, 2020 The nation’s high streets have been struggling for years. Rising vacancy rates and declining footfall over the past decade have seen town centres begin to undergo a fundamental transformation — but in many ways not for the better. Empty, boarded up shops have become a depressingly familiar sight in towns and cities across the UK. [...]