Economists predict record US jobs growth in June in botched reopening July 2, 2020 The US economy likely created jobs at a record clip in June as more restaurants and bars resumed operations, economists have predicted. But a surge in coronavirus cases now puts the US economy’s fledgling recovery and jobs growth at risk. The Labor Department’s closely watched monthly employment report today is expected to add to a [...]
Boris Johnson’s New Deal: PM invokes Roosevelt in ‘radical’ infrastructure overhaul June 30, 2020 Boris Johnson has today set out plans to overhaul the UK’s planning system, to make building new homes easier, in order to fix what he termed “intergenerational injustices” in access to property. The overhaul will allow developers to change the use of buildings and land in town centres without planning permission, meaning that vacant buildings [...]
Reach 4 Entertainment triples profits ahead of ‘significant’ coronavirus impact June 29, 2020 Theatre marketing firm Reach 4 Entertainment (R4E) tripled its profits in 2019, as the group posted strong annual results ahead of the coronavirus crisis, which it expects will have a “significant impact” on the live entertainment industry. The results R4E posted full-year revenues of £135.4m for 2019, up from £76.7m last year. Adjusted earnings before [...]
Exclusive: Joe Allen’s Theatreland brasserie to launch virtual cabaret fundraiser June 29, 2020 It’s the Theatreland institution that has provided late night refreshment to London’s thespians for more than four decades – but like every other restaurant in the capital, Joe Allen’s has been hit hard by the Covid-19 lockdown. But for those missing the theatre, the New York-style brasserie in Covent Garden will be hosting a series [...]
US jobless claims: 1.48m more file for benefits as total hits 47m June 25, 2020 More than three months into the coronavirus crisis, millions more Americans are still filing for unemployment benefits each week. According to the US labour department, 1.48m people filed claims last week, marking a slowdown from the previous week’s figure of 1.54m. Economists had predicted a bigger drop to around 1.3m. While it marks the twelfth [...]
Khan calls for London furlough extension as he warns of ‘looming unemployment crisis’ June 23, 2020 Mayor of London Sadiq Khan has urged the chancellor to extend the furlough scheme in London’s most deprived areas, as he warned of a “looming unemployment crisis” in the UK. Khan today called on Rishi Sunak to extend the Coronavirus Job Retention Scheme beyond the end of the lockdown to avoid a sudden surge in [...]
Footfall still 54 per cent down on 2019 levels after shops reopen for business June 22, 2020 The first week of trading since the coronavirus lockdown for many retailers saw footfall rise dramatically – but it remained 54 per cent down on the same week in 2019. Footfall to all retail destinations across the UK increased by 45 per cent compared to the previous week, as so-called non-essential shops were allowed to reopen [...]
Horse Racing Betting Tips: Wooded has the Power for France in the Commonwealth Cup June 18, 2020 AFTER all of the rain yesterday, the weather is set fairer for the penultimate day of the Royal meeting. We’ve seen the introduction of plenty of new races this week and none are more intriguing than the five furlong handicap which opens today’s card. There may be a huge field for the Palace Of Holyroodhouse handicap (1.15 [...]
China hawks risk accelerating the outcomes they are trying to avoid June 18, 2020 The Covid-19 pandemic is leading to a clear hardening of western attitudes towards China. The origins of the virus in Wuhan, coupled with suspicions that the Chinese government suppressed awareness of the initial outbreak, have emboldened sino-sceptics and heightened fears of growing Chinese influence. Yet blanket hostility risks accelerating the emergence of the aggressive and [...]
Outernet teams up with British lifestyle magazine GQ to launch new outdoor content June 17, 2020 Entertainment venue firm Outernet Global has teamed up with British magazine GQ as the two gear up for the launch of a new live entertainment space in London next year. Outernet London, set to launch in early 2021, will include a new 2,000 capacity live music venue, located on the corner of Oxford Street and [...]