Rail operators awarded new contracts for Great Western and Southeastern franchises March 30, 2020 First Group and Go Ahead Group have been awarded new contracts to run the Great Western and Southeastern rail franchises respectively with just a day to go before the existing deals run out. The new contracts will run concurrently with the emergency measures the government put in place last week to protect the rail industry [...]
Coronavirus: Government decision to take over rail network raises questions over Williams review March 23, 2020 The government’s decision to bring the UK’s rail network under the management of the Department for Transport for the duration of the coronavirus crisis has raised questions over the future of the rail franchising system. Former chairman of British Airways Keith Williams is currently conducting a “root and branch” review of the current system ahead [...]
The Novelty of the Coronavirus: What it means for Markets March 18, 2020 Does market history offer any parallels to today’s novel coronavirus crisis? Market action in recent weeks has been reminiscent of the global financial crisis (GFC) of 2007–2009, the crash of 1987, and, for those with a long memory, the crash of 1929, which wouldn’t have been so disastrous if it had not been followed by [...]
Selfridges shuts after London staff test positive for coronavirus March 18, 2020 Luxury department store Selfridges has closed its doors after three members of staff contracted coronavirus. The retailer, which yesterday said it was planning to cut hours, announced this morning that its four stores across London, Birmingham and Manchester will close this evening. This morning the department store said that three employees at its flagship Knightsbridge [...]
How is each Premier League club dealing with coronavirus? March 17, 2020 While Premier League football has been suspended due to the coronavirus outbreak, top-flight clubs across England are taking differing approaches to first-team training. It was announced on Friday that the Premier League, English Football League and FA had called off all matches for the rest of this month and on Monday the UK government issued [...]
Blithe Spirit at Duke of York’s Theatre review: Jennifer Saunders shines in this playful ghost story March 16, 2020 Noël Coward’s Blithe Spirit is a merry supernatural farce, which the old boy hurriedly knocked off as a distraction from the beastly inconvenience of the Blitz. It seems appropriate that it should manifest again now, as the country stockpiles toilet paper and prepares to baton down the hatches, not against the menace of the Luftwaffe, [...]
2020 Budget live: City reacts to Rishi Sunak’s spending plans March 11, 2020 Welcome to City A.M.’s 2020 Budget Day live blog. Please refresh your browser for live updates. Chancellor Rishi Sunak is expected to address fears over the economic impact of coronavirus, and announce waves of new infrastructure spending and changes on taxation in his 2020 Budget. It comes after Bank of England governor Mark Carney earlier [...]
Budget 2020: Retail and leisure sector reacts to ‘disappointing’ business rates reform March 11, 2020 Business rates have been the key issue for retailers in the run up to today’s budget, made even more crucial by the outbreak of coronavirus. Chancellor Rishi Sunak announced measures to support more small leisure, hospitality and retail businesses with a rateable value of less than £51,000. Business rates for those firms will be scrapped [...]
Chelsea 4-0 Everton: Giroud and Gilmour lead Lampard to dominant win on a perfect day for the hosts March 8, 2020 This season Stamford Bridge has been nothing like a fortress. West Ham, Bournemouth, Southampton and Manchester United have all taken three points on visits to SW6. Before this one-sided, free-flowing 4-0 hammering of a hapless Everton on Sunday Chelsea had scored just 18 of their 47 Premier League goals at home – the lowest percentage [...]
Lord Ashcroft’s Devonshire Club set to appoint administrators March 8, 2020 A luxury private members’ club co-owned by Tory peer Lord Ashcroft could be on the brink of insolvency after launching a hunt for administrators. The Devonshire Club, close to Liverpool Street station in the City, has filed notice with the High Court of its intention to appoint an administrator. It has also hired insolvency experts [...]