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 [...]
Coronavirus cases surpass 305,000 globally March 22, 2020 305,046 people worldwide are now confirmed to be infected with coronavirus. Figures also show 13,028, or four per cent, of those infected have since died. Here in the UK, the death toll has risen to 281. However, 95,500, or 31 per cent have recovered from the virus. In the US, New York state has been [...]
Coronavirus wage bailout: Government to cover 80 per cent of workers’ salaries up to £2,500 March 20, 2020 The government will pay up to 80 per cent, or £2,500, of the salaries of British workers hit by the UK coronavirus crisis in a huge wage bailout. Chancellor Rishi Sunak announced the extraordinary measures today after Prime Minister Boris Johnson ordered all pubs and restaurants, cafes and gyms to shut their doors tonight and [...]
Coronavirus live: Social distancing needs to be in place for most of a year, say government advisers March 20, 2020 1.35pm: Social distancing measures need to be in place for “most of a year” Scientists advising the government have said social distancing measures need to be in place for “at least most of a year” to combat the coronavirus outbreak. In a press conference last night, Prime Minister Boris Johnson said the UK could “turn [...]
Coronavirus: Wetherspoon scraps dividend and warns on profit March 20, 2020 Wetherspoon boss Tim Martin has scrapped the pub chain’s dividend and issued a profit warning after Boris Johnson urged Brits not to visit pubs and restaurants amid the UK coronavirus outbreak. A rapid escalation in UK coronavirus cases has already seen a 4.5 per cent decline in Wetherspoon pub sales in the week to 15 [...]