Tourism bodies want way out of ‘catastrophic’ border controls amid risk of repeat of 2020’s £24bn in losses January 25, 2021 Tourism bodies want way out of 'catastrophic' border controls amid risk of repeat of 2020's £24bn in losses
Airline and travel stocks plunge as markets await new border controls January 25, 2021 Share went sliding on Monday for travel and transport companies, as news broke that all UK arrivals could face quarantine
Corona Impact Series: How a Bethnal Green confectionery is baking up a storm online January 25, 2021 In this series, City PM looks at the financial and economic impact of the ongoing pandemic on a range of small and medium-sized businesses across London. Today: The East London bakery which went entirely digital as the pandemic storm picked up. Before the pandemic, Steph Giordano, the founder of Bethnal Green bakery Baked by Steph, had been baking [...]
Moderna to trial new Covid vaccine for South African mutation January 25, 2021 Moderna is set to trial its new Covid-19 vaccine specially designed to tackle a new coronavirus strain that first emerged in South Africa, the company announced today. The US pharmaceutical firm said laboratory tests showed its current vaccine appears to work against the UK Covid variant first identified in Kent. However, it warned that the [...]
Four new vaccination centres open in London as Covid rates fall January 25, 2021 Four major new vaccination centres have opened in London today, as the capital ups its vaccine programme alongside a decline in coronavirus cases. A large-scale vaccination centre at the Francis Crick Institute in central London will open its doors today for frontline healthcare staff, before welcoming the over-80s and at-risk individuals from tomorrow. The centre [...]
Pubs and restaurants struggle to pay rent due to lockdown restrictions January 25, 2021 Commercial landlords collected just 77 per cent of rent in the final quarter, as retail, leisure and hospitality firms struggled under the pressure of lockdown restrictions. The latest research showed that pub, bar and restaurant tenants paid 23 per cent of rent as sales were decimated by Covid-19 restrictions in the crucial Christmas trading period. [...]
Men in low-skilled jobs had highest Covid death rate last year January 25, 2021 Men in low-skilled jobs had the highest rate of death from Covid among workers in England and Wales last year, according to the latest official figures. There were 7,961 coronavirus-related deaths registered among the working age population — aged 20 to 64 years — between 9 March and 28 December last year, according to data [...]
Dutch anti-lockdown protests turn violent after new curfew January 25, 2021 Thousands of people in The Netherlands have come out against tougher Covid restrictions, namely the country’s first curfew since the Second World War, with police detaining around 240 people yesterday. Protesters were detained after demonstrations turned violent and people looted shops, started fires and threw stones and fireworks. Demonstrations hit at least 10 Dutch cities [...]
Banks claw back fraudulent bounce back loans January 24, 2021 High street banks are scrambling to claw back emergency coronavirus loans linked to suspected fraud. Banks including HSBC, Barclays, Natwest and Lloyds are among those that have started to freeze accounts over fears that government-backed bounce back loans have been obtained fraudulently. They have reclaimed up to £50,000 from customers, according to the Mail on [...]
Flat-pack jabs: New London vaccine hub assembled at former Ikea store January 24, 2021 A former Ikea store has been transformed into a Covid-19 vaccination centre amid a ramping up of jab facilities in the capital. Up to 25 new vaccination sites will start offering Covid jabs this week as the NHS accelerates the biggest immunisation programme in its history. A former Ikea store at the Westfield shopping centre [...]
