Number of coronavirus cases in US overtake Italy and China March 27, 2020 The US has become the global epicentre of the coronavirus outbreak, as the number of confirmed cases surpassed China and Italy. The US has more than 86,000 positive tests, surpassing China’s 81,782 cases and Italy, the epicentre of the outbreak in Europe, which has confirmed 80,589 cases. However, the death toll in the US, which [...]
Ranked: Monzo and Starling top list of best UK banks August 17, 2020 Digital fintechs Monzo and Starling are better than traditional banks at providing the best service to personal banking customers, according to a recent survey. The Competition and Markets Authority (CMA) conducted a survey of around 1,000 customers of each of the 19 largest personal current account providers in Britain to rank the best and worst [...]
Coronavirus: Taylor Wimpey cancels dividend and draws down £550m March 24, 2020 Taylor Wimpey has cancelled its dividends for the year and drawn down £550m in credit facilities to protect its balance sheet against the impact of Covid-19. The housebuilder said it had felt the effect of government shutdowns in its UK and Spanish businesses over the past few days. Taylor Wimpey said it had put contingency [...]
Back to Business – James Cochran on how the pandemic helped him launch a long-planned project August 15, 2020 We talk to London’s top chefs about how they are dealing with the strange ‘new normal’. This week James Cochran speaks about launching a new venture and missing the theatre of service. Who are you? James Cochran, co-owner and executive chef of 12:51, a casual fine dining restaurant in Islington. Around the Cluck is our [...]
Coronavirus cases surpass 305,000 globally March 22, 2020 305,046 people worldwide are now confirmed to be infected with coronavirus. Figures also show 13,028, or four per cent, of those infected have since died. Here in the UK, the death toll has risen to 281. However, 95,500, or 31 per cent have recovered from the virus. In the US, New York state has been [...]
City Moves for 30 March – Who’s switching jobs at Matterport, Allica Bank and Acxiom? March 30, 2020 Today’s City Moves includes Matterport, Allica Bank and Acxiom Matterport Matterport, the spatial data capture firm, has announced the appointment of Robin Daniels as chief marketing officer (CMO). Robin will lead Matterport’s worldwide marketing strategy at a time of rapid growth for the company. He will drive all marketing and communications initiatives globally to bring [...]
Exclusive: Lloyds staff facing redundancy fear being left jobless by bank amid pandemic April 17, 2020 Staff at Lloyds Banking Group who are being made redundant fear the bank will leave them jobless amid the savage economic downturn triggered by the coronavirus pandemic. The bank publicly committed last month to pause plans to cut 780 jobs amid surging customer demand and the economic uncertainty leavers would face. However, it has not [...]
Londoners pay highest UK house price premium to live closer to a station August 30, 2019 London home buyers are willing to pay almost 10 per cent more on a house in order to live closer to a station, according to Nationwide. The building society found Londoners are willing to pay a whopping 9.4 per cent premium for a house located 500 metres away from a station. Read more: UK house [...]
Virgin Media down: Broadband outage hits thousands working from home June 25, 2020 Virgin Media appeared to suffer an outage this morning, leaving thousands of customers working remotely without broadband. The broadband operator had not acknowledged the issue by 10.15am on Twitter despite a flood of angry complaints from customers. Downdetector, a website that records outages by tracking social media mentions, registered a surge of complaints of Virgin [...]
FTSE 100 jumps after global sell-off as pound slides September 7, 2020 The FTSE 100 and European stocks rose sharply as investors recovered their poise after a sharp sell-off in global stocks last week, with a falling pound boosting London’s blue-chip index. The FTSE 100 extended its morning rebound and was trading 2.46 per cent higher in afternoon trading. London’s FTSE 250 index of smaller firms also [...]