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 [...]
German consumer confidence slumps amid second wave of coronavirus November 26, 2020 German consumer confidence halved in November, as the economy felt the weight of a second nationwide lockdown. Chancellor Angela Merkel last night announced that “lockdown-lite” measures will extend until 20 December, after the country yesterday recorded its highest daily death rate, which rose by 410 in 24 hours. GfK, Germany’s largest market research institute, found [...]
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 [...]
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
Tories call for Sadiq Khan to scrap rent control push after policy ‘failed’ in Berlin November 25, 2020 City Hall’s Conservatives are calling for Sadiq Khan to drop his rent control policy, after new analysis this week showed similar measures depleted Berlin’s supply of new flats. The new study showed the supply of rental apartments fell by 41 per cent while demand soared by 172 per cent within a year of Berlin’s rent [...]
Before the bell: Quiet start for Europe as all eyes are on US data November 25, 2020 It was another bullish day for global stock markets yesterday as sentiment was lifted by the vaccine hopes as well as the prospect of President Trump departing from his role in January in a calm and measured manner. The update on Monday from AstraZeneca-Oxford University that its potential Covid-19 vaccine has made great progress in [...]
Investor sentiment in City upbeat as Trump hints at orderly transfer of power November 24, 2020 Despite the lacklustre start to this week’s trading, investor sentiment in the City and beyond is certainly becoming much less pessimistic. This renewed push appears to have come about as a result of overnight events in the US, where Joe Biden is starting the transition process to a new US administration next year. “President Trump [...]
Trumped: President gives green light for peaceful transition of power to Joe Biden November 24, 2020 After weeks of pushback, President Donald Trump’s administration last night cleared the ground for President-elect Joe Biden to enter the White House. The Repuplican has repeatedly claimed widespread voter fraud since the 3 November presidential election, but failed to muster up any evidence. His administration has instead filed legal challenges to vote counts across the [...]
Biden set to pick former US Fed chair Janet Yellen as his Treasury Secretary November 23, 2020 Joe Biden set to pick former US Fed chair Janet Yellen as next Treasury Secretary, succeeding Steve Mnuchin's role
Majority of vulnerable Brits to receive Covid vaccine by Easter, says Johnson November 23, 2020 The majority of vulnerable Brits should have received a vaccine against coronavirus by Easter, Boris Johnson tonight said. Speaking in a press conference after today’s announcement of a new, tougher system of restrictions for the winter, the Prime Minister hailed the prospect of a number of working vaccines. “With a favourable wind we should be [...]
