Coronavirus: Covent Garden landlord cans £100m share buyback plan as shops shut March 26, 2020 Coronavirus has turned Covent Garden into a ghost town and closed restaurants and shops will lead to lost rental cash, according to Capital & Counties (Capco). The owner of Covent Garden said in a Covid-19 update that most of its retail and dining units on its estate were shuttered and therefore it would incur “a [...]
Acclaimed chef Virgilio Martinez and Explora Peru come together to showcase the unique culinary identity of the Sacred Valley March 25, 2020 When most people think of Peru, it’s the ancient citadel Machu Picchu that comes to mind. And when you mention the Sacred Valley, it’ll likely conjure up similar images of hiking through misty mountains to equally mystical Incan ruins. This is, in fact, exactly what I’m doing. But I’m not only here for the archaeology; [...]
IFISAs: Invest in British entrepreneurs and maximise your tax-free ISA March 25, 2020 Innovative Finance ISAs offer an exciting alternative investment channel, helping you diversify your portfolio and maximising your £20,000 tax-free ISA allowance — all while supporting high performing British entrepreneurs. Finding the right businesses for your portfolio without skimping on the details you need to make an informed investment decision has always been a challenge. Crowd2Fund [...]
Oil prices knock UK inflation rate down to 1.7 per cent in February March 25, 2020 UK inflation slipped 0.1 per cent in February to 1.7 per cent, the Office for National Statistics (ONS) revealed today, as oil prices sank. Falling oil prices helped push the Consumer Prices Index (CPI) UK inflation rate down from 1.8 per cent in January, amid the ongoing coronavirus travel restrictions. Read more: Oil prices stage [...]
UK coronavirus lockdown: Sports Direct asks if staff count as key workers March 24, 2020 Mike Ashley’s Sports Direct and Evans Cycles stores will now remain closed unless the government gives them permission to stay open during the UK coronavirus lockdown. Bosses earlier claimed the stores are vital to the health of the nation, giving staff so-called key worker status. Under new measures announced by Prime Minister Boris Johnson last [...]
FTSE 100 slumps despite massive Fed intervention March 23, 2020 FTSE 100 and global stocks tumbled today despite a massive intervention by the US Federal Reserve to try and stabilise coronavirus-ravaged markets. Britain’s blue-chip stock index closed nearly 3.8 per down at 4,993 points. The pan-European Stoxx 600 closed down 4.3 per cent, Germany’s Dax closed down 2.1 per cent and France’s CAC 40 ended [...]
Coronavirus: All non-essential stores reportedly set to close March 23, 2020 The government is reportedly set to order the closure of all non-essential shops in a bid to slow the spread of coronavirus. The decision to close all stores except for supermarkets and pharmacies is being discussed at an emergency Cobra meeting today and is expected to be announced at this evening’s government press conference, the [...]
McDonalds, Topshop and New Look close stores due to coronavirus March 23, 2020 High street retailers have begun to shut stores in response to the coronavirus pandemic in the UK. Topshop, New Look and H&M are among the major UK retail chains to temporarily shut all branches over the weekend. The government ordered all pubs, bars, clubs and restaurants to close on Friday as the public were encouraged [...]
UK coronavirus: Death toll jumps to 281 March 22, 2020 The coronavirus death toll in the UK has risen to 281 as the number of confirmed cases also jumped. The latest figures from the government showed that a further 47 people had died from the virus. As of 9am this morning, 78,340 people had been tested in the UK, and 5,683 had been confirmed positive. [...]
Sadiq Khan warns more Londoners ‘will die’ if people leave their homes March 22, 2020 Sadiq Khan has told Londoners that more people will die from coronavirus if they do not follow the government’s instructions and self-isolate. The capital has been the worst hit region in the UK by the spread of Covid-19, accounting for almost 40 per cent of the country’s 5,018 confirmed cases. Speaking to BBC today, Khan [...]