US Election: Biden’s (almost certain) win: How it happened November 6, 2020 Live updates on the US Presidential Election 2020 as Donald Trump and Joe Biden go head to head. Rolling coverage as Americans vote.
CHEERS: ‘Click-and-collect’ pints allowed during lockdown November 3, 2020 “Click-and-collect” and phone orders of alcohol will be allowed from pubs and microbreweries during England’s second lockdown. Conservative MP Richard Holden tweeted that takeaway orders will be allowed even as pubs and restaurants close in new restrictions. “Delighted to be able to confirm – “Click-and-collect” & phone orders of alcohol will now be allowed from [...]
Betfair: Get set for trading as the US election finally arrives November 3, 2020 Get set for the biggest night in political betting history. £300million has now been traded on Betfair’s Next President market, beating the all-time record, including sports, by more than 50%. That includes the largest ever single stake – £1m on Biden at 8/15. Even bigger action is yet to come. In 2016, £75m out of [...]
Lockdown extension in December would be ‘disastrous’ for retail sector, experts warn November 2, 2020 An extension of lockdown restrictions into December would be “disastrous” for the struggling retail sector, which will have already missed out on sales at the beginning of the crucial Christmas trading period. In a note to clients this morning, broker Peel Hunt said listed retailers had balance sheets strong enough to handle the November lockdown, [...]
Oil prices continue slump as lockdown restrictions increase November 2, 2020 Oil prices continued last week’s plunge this morning as increased coronavirus restrictions came into effect around the world. Prices have fallen sharply over the last week over fears that new lockdowns will cause a decrease in fuel demand. Worldwide standard Brent crude dropped 2.3 per cent to trade at around $37, while US benchmark West [...]
West End braces to lose £2bn in Christmas sales due to new lockdown November 2, 2020 Retailers in London’ shopping district are set to lose up to £2bn in sales across the eight-week period up to Christmas, new data released today has found. According to the New West End Company, only 9m people will visit the West End in the festive season due to the new month-long lockdown. Previously the group, [...]
Natwest returns to profit as virus loan charges fall October 30, 2020 Natwest returned to profit during the third quarter, reporting forecast-beating earnings after setting aside a smaller-than-expected sum to deal with bad loans due to the coronavirus pandemic. Natwest posted an operating profit before tax of £355m for the three months to September on an income of £1.9bn. The figure beat the bank-compiled analyst estimates of [...]
Coronavirus: Death rate among hospitalised patients halves since first wave October 27, 2020 Death rates among patients hospitalised with coronavirus have halved since the peak of the first wave, according to new research. Analysis of more than 21,000 hospital admissions in England showed the rate of deaths in both high dependency units and intensive care plunged between March and the end of June. Data published by the University [...]
Modern Monetary Theory: A shared delusion that will destroy the economy October 27, 2020 As Rishi Sunak announced another multi-billion-pound support package last week, most numerate people would have been boggling at the numbers. How are we ever going to pay all that money back? Surely it means years of austerity, high taxes, or debt for our children and grandchildren to repay? But there is a growing and increasingly [...]
The Ferrari Roma combines classic glamour with supercar performance October 26, 2020 It may be the most beautiful car on sale – and the driving experience lives up to the looks. Tim Pitt reviews the Ferrari Roma.