Wet weather and 10pm curfew dampens high street footfall recovery October 5, 2020 Retail footfall dropped for the second week in a row as the pub and restaurant curfew and wet weather brought further gloom for the embattled UK high street. Footfall across all retail destinations declined 3.5 per cent last week compared the previous week, dragged down by a 7.1 per cent slump in high street shopper [...]
High rents force three in four hospitality businesses to consider restructure or insolvency October 5, 2020 73% of London-based hospitality and leisure operators are considering a restructure or insolvency as a result of the economic impact of the ongoing pandemic. Advisory firm Cedar Dean, which surveyed 230 hospitality and leisure businesses with around 2,000 venues across the UK, found that rental obligations are currently the most pressing issue. 86% of London-based [...]
G-A-Y launches legal challenge against 10pm curfew on hospitality venues October 5, 2020 The owner of London’s G-A-Y nightclub is set to launch a legal challenge against the government’s 10pm hospitality curfew over claims it treats the night-time economy as a “scapegoat” for the spread of coronavirus. Jeremy Joseph, owner of the London club and pub chain, today said he would pursue a potential judicial review on the [...]
London may be empty but community spirit must stay strong October 5, 2020 Just over six months since lockdown restrictions were first imposed, life today is very different for all of us with workplaces in the Square Mile. My workplace – Mansion House – would normally be buzzing with activity, hosting delegations from around the world and major set-piece events. The government’s recently revised guidance on working from [...]
FCA gets green light to take insurance giants to Supreme Court over Corona policies October 5, 2020 A High Court in London approved the FCA’s request to let the Supreme Court decide on the matter in which the market regulator is seeking clarification on the wording of numerous insurance policies in relation to claims filed as a result of the pandemic.
The first presidential debate portends the coming train wreck for American democracy October 5, 2020 The great playwright, George Bernard Shaw, perfectly summed up the dynamic underlying the shambolic first US presidential debate: “Never wrestle with pigs. You both get muddy but the pig likes it.” Instead, the just-concluded first presidential debate between Donald Trump and Joe Biden — surely the ugliest in the nation’s history — saw both its [...]
Why a second lockdown could turn the lights out on the UK economy October 5, 2020 We have reached a crucial flexion point in the fight against Covid-19, and with this comes new, tighter rules to curb a possible second wave. There is now rising concern that a second wave may result in a second national lockdown, and businesses are urgently seeking reassurance from the government that they will be able [...]
Trump could be discharged tomorrow despite drop in oxygen levels during Covid fight October 4, 2020 President Donald Trump has released a personal video from his hospital room saying he os doing well, but the real test will be in the coming days.
Coronavirus: Is the UK set to shake-up quarantine-free travel rules and finally begin airport testing for arrivals? October 4, 2020 The UK Government is set to make an announcement on airport testing “in the coming days,” as the list of quarantine-free travel options diminishes Airport testing is a “key priority,” Barclay told Heathrow boss John Holland-Kaye this week at the Conservative Party Conference, which is currently being held virtually. While many other countries and airlines have [...]
More than 1,000 UK pubs plead for government help after dire Friday trading following 10pm curfew October 4, 2020 Pub owners are pleading with the government for more support after their second poor Friday night of trading after the new 10pm curfew