Coronavirus set to be ‘way less’ damaging than 2008 crash: IFS November 26, 2020 The hit to the UK economy from the coronavirus pandemic is likely to be “way less” than the impact of the financial crisis should the budget watchdog’s predictions come true, the Institute for Fiscal Studies (IFS) think tank has said. The Office for Budget Responsibility (OBR) yesterday said the economy would likely end up three [...]
Tier 2 restrictions for London confirmed post-lockdown November 26, 2020 The capital will be placed in tier 2 restrictions when England’s national lockdown comes to an end next Wednesday. London will enter tier 2 along with most parts of England. Only a handful of areas will be placed in tier 1, and a significant number will be placed in tier 3, with the toughest restrictions. [...]
Beers in tiers: The new tier rules to stick to when pubs reopen next week November 26, 2020 Beers in tiers: The new rules to stick to when pubs reopen after the coronavirus lockdown
Out of Covid isolation, Johnson to give press conference today November 26, 2020 PM Boris Johnson will hold a press conference later today to explain local Covid-19 restrictions, Reuters reports, meaning he will emerge from self isolation two weeks after attending meeting with a MPs infected with the novel coronavirus. Downing Street announced on 15 November that Johnson, who was admitted to intensive care in a London hospital [...]
Before the bell: Calm day expected as US celebrates Thanksgiving November 26, 2020 Equity markets were relatively quiet yesterday as some dealers banked their profits from the ground that was gained earlier in the week. “The mood in the markets was assisted by the growing feeling that there will be a smooth had over of power from President Trump to President-elect, Joe Biden,” David Madden, market analyst at [...]
Build back better? London won’t be building at all if construction can’t recruit the workers it needs November 26, 2020 “Build back better” has become the government’s mantra as it seeks to lift the country out of its Covid slump. Ever since Boris Johnson announced an “infrastructure revolution” back in the summer, with a raft of commitments on building hospitals, schools and transport projects, the construction industry has been held up as central to the [...]
Snakes and Ladders: Who is moving jobs in the City this week? November 25, 2020 Snakes and Ladders provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email [email protected] to be featured. Firms are continuing to adapt to the challenges and opportunities presented by the pandemic as they vie to be in prime position to recover from the economic fallout of the crisis. This week, [...]
Fulham residents hit with matchday parking fees – even with no fans at Craven Cottage November 25, 2020 Tory MP Greg Hands has hit out at Fulham and Hammersmith Council for implementing matchday parking restrictions around Fulham FC’s Craven Cottage, despite there being no fans at games. The council is charging people £2.50 an hour to park in some areas around the Premier League club’s ground, with £80 fines given to cars parked [...]
Khan: Nothing to help London in any meaningful way in spending review November 25, 2020 London mayor Sadiq Khan has given a damning verdict on the chancellor's spending review, saying there was nothing in it to would help London
Exclusive: TfL officials watered down Croydon tram safety audit to ‘placate’ First Group November 25, 2020 Internal emails seen by City PM show that Transport for London (TfL) officials agreed to water down an audit into fatigue management on the Croydon tram network in a bid to “placate” the company running the service. A group of TfL executives responsible for a 2017 audit of Tram Operations Limited’s (TOL) safety standards agreed [...]
