Boris Johnson urges commuters not to crowd onto public transport May 13, 2020 Boris Johnson has urged commuters not to crowd onto public transport as some workers began returning to their offices today. Speaking in parliament, the Prime Minister said: “I don’t want to see crowding on mass transit or public transport in our capital or anywhere else”. Johnson’s words come after a number of images were released [...]
Public support for government handling of coronavirus falls May 13, 2020 Public support for the government’s handling of the coronavirus crisis has fallen, according to research published today. A survey by polling firm Kantar found 49 per cent of respondents thought the government was doing fairly or very well on coronavirus, down from 61 per cent in April. Forty three per cent said its handling of [...]
UK GDP shrinks: Economists warn worst yet to come as lockdown persists May 13, 2020 The UK economy shrank by a record 5.8 per cent in March, thanks almost entirely to just over a week of coronavirus lockdown that began on the 23rd. In the first quarter as a whole GDP contracted by two per cent, the Office for National Statistics (ONS) said today. This was its worst performance since [...]
Coronavirus public transport advice: What do lockdown rules say? May 13, 2020 The government has released new public transport advice for would-be commuters as the UK takes its first tentative steps out of seven weeks of lockdown. Although it once again stresses that people should avoid travelling it is totally necessary, the measures lay out steps people can take to keep themselves and others safe when making [...]
Coronavirus lockdown: Commuters should prepare to queue, government says May 12, 2020 The government has said that commuters using public transport should prepare to queue as more people begin to return to workplaces on Wednesday. In new guidance published today by the Department for Transport (DfT), people are urged to avoid public transport where possible and to prepare for journeys to take longer than normal. “If you [...]
TfL set for £4bn loss as operator seeks government bailout May 12, 2020 Transport for London (TfL) is on track for a £4bn loss this year as the capital’s transport operator continues to seek a bailout from the government. According to papers from TfL’s finance committee, the operator is currently spending £600m a month due to the coronavirus crisis. As a result of the pandemic, usage of London’s [...]
The City View podcast, from City A.M., with Nigel Vaz, CEO of Publicis Sapient May 12, 2020 In this episode Christian is joined by Nigel Vaz, CEO of the digital transformation giant, Publicis Sapient. Subscribe to The City View Podcast: Apple / Google / Spotify / RSS Nigel has 20,000 employees across the globe in 53 offices, so he’s confronting changes to the world of work just like every other company. But his [...]
Mayor candidate Shaun Bailey: TfL bailout was ‘inevitable’ May 11, 2020 London mayoral candidate Shaun Bailey has claimed that Transport for London’s (TfL) bailout bid was “inevitable” and would have happened even without the coronavirus crisis. The Tory candidate told City A.M.’s daily podcast The City View that TfL was “bankrupt, virtually” and that its bid for a £2bn bailout from central government was because of [...]
Airline stocks sink as FTSE 100 falls on fears of second wave May 11, 2020 The FTSE 100 fell back into negative territory this afternoon after early optimism about an easing of the UK lockdown appeared to evaporate. London’s stock market was up 0.85 per cent as it flirted with the 6,000 points marker earlier today. But traders’ enthusiasm quickly dwindled as European stocks also dropped into the red. The [...]
Coronavirus: Government U-turns on face mask advice May 11, 2020 People in England have been told to wear face masks on public transport and in some shops after the government reversed its decision on personal protective equipment (PPE). In a 51-page document published this afternoon, the government said face coverings should be worn in situations where social distancing is not always possible. According to the [...]