75 per cent of nightlife venues face bankruptcy when rent moratorium ends May 13, 2021 There is a £2.5bn pandemic-induced rent crisis brewing in the nightlife industry, according to the Night Time Industries Association (NTIA), which has urged the government today to offer a solution. Rising rent arrears threatens to bankrupt 75 per cent of commercial tenants in the sector, once the government’s rent moratorium ends in July, the nightclubs, [...]
UK’s 12-week vaccine delay could have saved lives, study says May 13, 2021 The UK’s 12-week delay between first and second vaccine doses could have saved more lives, according to a US study published in the British Medical Journal, suggesting other countries strapped for jabs could adopt the strategy. The second shots of the Pfizer, Moderna and Oxford/AstraZeneca vaccines are designed to be given three to four weeks [...]
Outbreak of rare deadly black fungus among Covid-19 patients spreading from India to Pakistan May 12, 2021 Media in Pakistan are reporting that hospitals in the South Asian country are treating Covid-19 patients suffering from a rare black fungus, following dozens of cases in India in recent days. “We have seen at least five cases of Mucormycosis also called, Black Fungus, among serious Covid -19 patients under treatment. At least four patients [...]
Directors to face bans for finding loopholes to avoid Covid loan repayments May 12, 2021 The Insolvency Service will be given new, beefed up powers to crack down on those looking to avoid repaying their pandemic loans. The Insolvency Service will be able to investigate and sanction company directors trying to dissolve their business to avoid repaying creditors, the Financial Times first reported. The government is reportedly keen to clamp [...]
Will you show up? UK hotels fear last-minute cancellation chaos this summer May 12, 2021 Holidaymakers are holding on to their UK hotel bookings for this summer, with cancellations rates currently running at just 4 per cent, far below the usual 30 per cent levels. However, rather than this being good news for the industry, there are fears of a late surge of cancellations, as people ditch their UK booking [...]
Norway to drop AstraZeneca jab from vaccination programme May 12, 2021 Norway will drop the AstraZeneca jab from its vaccine programme, after a government-appointed commission recommended it be excluded. Norway’s Prime Minister Enra Solberg today announced the country would no longer be using vaccine, and added that a decision on Johnson & Johnson jabs was yet to be made. The commission recommended both vaccines should [...]
46 of the best London home delivery restaurant kits reviewed May 11, 2021 Restaurants with terraces may be open again, but bagging a reservation is another matter. With the best part of a year’s worth of pent up demand, that outdoor space is at a premium and those who don’t book ahead are likely to be disappointed. But don’t panic: you can get restaurant quality food delivered straight [...]
Brits favour beach holidays over city breaks as the return of travel nears May 11, 2021 Brits are itching for some sun after a seemingly endless winter lockdown, with most travellers looking for beach holidays now the return of foreign holidays is in sight, according to bookings site Lastminute. After the government confirmed a 17 May return to abroad travel, 59 per cent of Brits have been eyeing sun and beach [...]
UK engages in Covid vaccine waiver discussions with the US and WTO May 11, 2021 The UK has begun seeking constructive engagement with the US and other World Trade Organisation (WTO) members on the conflicting issue of vaccine waivers, a government spokesman has said. Following pressure from charities to back the proposal, the UK government is yet to confirm whether it will back the US’ waiver. The waiver, proposed by [...]
Myth-Busting: Money printing must create inflation May 11, 2021 | City Talk London ranks ninth on the UBS Global Real Estate Bubble Index for residential properties. Like in many other countries, property prices in the United Kingdom reached an all-time high in 2020. A global pandemic with sudden mass unemployment should have forced UK citizens to sell their homes, but the furlough policies, stamp duty holidays, and record-low interest rates [...]