Four courageous Londoners take on a GUINNESS WORLD RECORDS™ title attempt for the Longest Marathon Playing Pickleball (doubles) in the City of London next week
Tech stocks drag down Wall Street as FTSE 100 suffers worst month since March October 30, 2020 Sliding tech stocks dragged down Wall Street this afternoon, while the FTSE rounded off its worst monthly fall since March amid a wave of new coronavirus lockdowns. The three main US indexes were on course for their worst week since March as ongoing pandemic-related uncertainty and the looming presidential election sparked market volatility. Read more: [...]
US breaks daily record for coronavirus cases as total infections hit nine million October 30, 2020 The United States broke its single-day record for new coronavirus infections yesterday, with the country reporting over 91,000 new cases. Thursday’s surge in cases, which comes less than a week before the US election, also hospitalisations hit new highs in many states, according to a tally by Reuters. The previous one-day record for US cases [...]
Twice as many young people want permanent flexible working post-Covid October 30, 2020 The rapid acceleration of home working caused by the coronavirus pandemic has sparked a generational divide in how employees would prefer to work post-Covid, a new survey suggests. Twice as many under-35s want permanent flexible working options post-pandemic compared to over-55s, according to new research by Deloitte. Some 64 per cent of under-35s said they [...]
Premier League testing firm snaps up Oxford University Covid-19 test business October 30, 2020 The company behind the Premier League and Heathrow testing programmes has acquired a rapid Covid-19 testing business spun out of Oxford University. Biotech firm Prenetics today said it has acquired exclusive global rights to Oxsed, which has developed a low-cost coronavirus test that delivers results in 15 to 30 minutes. The companies are now targeting [...]
West Yorkshire to enter Tier 3 from midnight on Sunday October 29, 2020 The whole of West Yorkshire will enter the highest level of lockdown from midnight on Sunday following a sharp rise in coronavirus cases. Leeds, Bradford and Huddersfield will all enter Tier 3 restrictions, meaning an extra 1.5m people will be placed under the toughest restrictions in the country, Leeds City council leader Judith Blake confirmed [...]
Breaking: Cyprus and Lithuania removed from quarantine-free travel list October 29, 2020 Quarantine-free travel to Cyprus and Lithuania will end on Sunday after both countries’ travel corridors were removed today following a spike in coronavirus infections across the regions. Both countries will have their quarantine-free travel corridors removed from 4am this Sunday. From that time arrivals in the UK will have to self-isolate for 14 days, transport [...]
Corona Impact Series: A vegan stop off Oxford Street October 29, 2020 In this series, City A.M. looks at the financial and economic impact of the ongoing pandemic on a range of small and medium-sized businesses across London. Today: how evaporated demand and high rent obligations ultimately proved fatal for Ethos. Meat-free and plant-based Ethos opened six years ago, catering for vegans by offering ‘deliciously different’ meat-free and [...]
Could Germany have its quarantine free travel corridor revoked today? October 29, 2020 Germany looks likely to be taken off the UK’s quarantine-free travel corridor list this afternoon after its rate of coronavirus infection doubled in the last week. The surge in cases meant that Chancellor Angela Merkel yesterday announced that Europe’s biggest economy would enter a four-week lockdown from 2 November. As a result, bars, restaurants, and [...]
Business leaders, scientists and medics warn against second lockdown October 29, 2020 Business leaders, scientists and doctors have called on the government to take a more balanced approach in its coronavirus response, saying lockdowns and restrictions have far-reaching implications on mental health and the economy. The Recovery campaign has been backed by several prominent figures including hotelier Rocco Forte, entrepreneur Luke Junson and leading performing arts promoter [...]
Pizza Express to axe 1,300 jobs in the UK October 29, 2020 Pizza Express has announced it will cut around 1,300 jobs across the UK, on top of the 1,100 announced this summer. The pizza chain said trade has worsened as tighter restrictions came into force across the UK under the new three-tier system. The company said roles will be cut from its 370 UK restaurants through [...]