MPs call for public help amid crackdown on coronavirus misinformation March 26, 2020 MPs have urged members of the public to flag up examples of fake news on social media as authorities struggle to stamp out misleading information about coronavirus. The Digital, Culture, Media and Sport (DCMS) Select Committee today warned that much of the misinformation relating to the pandemic was being spread through private channels, meaning the [...]
Coronavirus: MPs call for emergency funding for cultural organisations March 23, 2020 MPs today called for urgent government support for cultural organisations hit by closures and postponements due to the coronavirus outbreak. The Tate galleries, V&A and Natural History Museum are among scores of cultural institutions that have been forced to close their doors due to the pandemic. The National Trust yesterday reversed its decision to keep [...]
Deal or no deal? How coronavirus is impacting M&A March 22, 2020 Deal advisers say they fear the coronavirus crisis could stop M&A in its tracks in the UK, but predict a wave of distressed deals in the coming weeks as struggling businesses are picked up and companies band together to try and ride out the economic shutdown. KPMG’s head of deal advisory in the UK Liz [...]
Estate agents urge government to extend coronavirus support March 22, 2020 Estate agents have urged the government to protect the industry as house viewings drop and sales activity slows due to coronavirus. The sector has called for the government to extend the business rates holiday, which applies to retail and hospitality firms, to estate agent companies. The UK’s housing market looked set to bounce back this [...]
Seven firms suspend UK property funds as virus casts uncertainty over assets March 18, 2020 Aberdeen Standard Investments and BMO have joined five other firms who have suspended their property funds after independent valuers introduced material valuation uncertainty clauses due to the coronavirus outbreak. The UK commercial property market is facing unprecedented challenges brought on by the pandemic. Valuation firms are now saying that they can no longer make reliable [...]
Aviva Investors suspends property funds as CBRE warns of market uncertainty March 18, 2020 Aviva Investors has suspended its property fund, following similar decisions by Kames Capital and Janus Henderson yesterday. In a statement, Aviva Investors said the coronavirus outbreak had impacted the UK property market and “made it difficult to value the property owned by the funds with the same degree of certainty as would otherwise be the [...]
MPs blast government ‘delay’ in virus fake news crackdown March 17, 2020 MPs have lambasted the government over its ‘delayed’ attempt to clamp down on disinformation relating to coronavirus. Earlier this month the government launched a new cyber unit aimed at preventing the spread of fake news about the Covid-19 outbreak on social media. The team, assembled from departments across Whitehall, will also hold discussions with tech [...]
BBC delays licence fee changes for over-75s due to virus fears March 16, 2020 The BBC today said it will push back plans to end the blanket free licence fee scheme for over-75s amid concerns about the impact of the coronavirus outbreak. Pensioners were due to face changes to the licence fee from 1 June, but this will now be delayed until 1 August. Millions of over-75s will have [...]
Property of the Week: A Huguenot home in Spitalfields with a unique Rousseau rendition March 13, 2020 Wander a little beyond the balti houses and beigel shops of Brick Lane, and you’ll soon come across the Spitalfields Conservation Area. These narrow, relatively secluded residential streets offer a glimpse into the old East End, and are home to some of the best examples of early Georgian-era townhouses in central London. The rows of [...]
Property focus on Tunbridge Wells: Find pretty period homes and a rejuvenated restaurant scene in Queen Victoria’s favourite town March 13, 2020 Only three towns in England can call themselves ‘Royal’ – and Royal Tunbridge Wells, a town of 56,000 people which lies 30 miles south-east of London in Kent, is one of them. King Edward VII bestowed the title on it in 1909, partly to commemorate the fact that his mother, Queen Victoria, loved the town [...]