Job market set for ‘significant’ downturn despite furlough scheme May 18, 2020 The UK job market is set for a “significant turn for the worse” over the next three months, a new report from the Chartered Institute of Professional Development (CIPD) has found. According to the research, more than half of private sector firms are preparing to freeze pay for the next 12 months, while hiring intentions [...]
Coronavirus: UK death toll rises by 170, the smallest increase since day after lockdown May 17, 2020 The number of people who have died in the UK from coronavirus rose by 170 to 34,636, business secretary Alok Sharma has announced. The rise is the lowest daily increase since 24 March, the day after lockdown measures were implemented. It also represents a sharp drop from the previous 24 hours, in which 468 more [...]
Treasury mulling plans for ‘bad bank’ to manage stakes in bailed-out firms May 17, 2020 The Treasury is considering plans to develop a so-called “bad bank” in order to hold stake in bailed out companies, the Sunday Times reported, amid fears that key firms could fail due to the coronavirus pandemic. The initiative reflects similar steps taken by the Labour party during the 2008 financial crisis, when it set up [...]
Heathrow Airport to begin temperature screening trial this week May 17, 2020 Passengers arriving at Heathrow Airport’s terminal two will from Thursday be screened to see if they have high temperatures in an attempt to identify whether they have coronavirus. The airport will implement thermal screening technology in the immigration area, which will automatically scan anyone passing through the terminal. Later, it will also begin to use [...]
All care homes residents and staff to be tested for coronavirus by early June, health secretary says May 15, 2020 Health secretary Matt Hancock told the government’s daily coronavirus briefing today that all care home patients and staff would be tested for covid-19 by early June. The government has been critcised for the measures taken to protect care home residents from covid-19 which is still a serious problem in the care system. Hancock said there [...]
Coronavirus: 384 more deaths recorded in the UK May 15, 2020 The number of coronavirus deaths in the UK has risen by 384 to 33,998, the Department of Health has said. The latest death toll counts those who tested positive for coronavirus and died by 5pm on 14 May. As of 9am this morning, the department said that it had carried out 2,353,078 tests in total, [...]
Nissan considers moving Renault production to Sunderland plant May 15, 2020 Nissan is considering moving the manufacturing of two Renault SUV models from Barcelona to its Sunderland plant, it is reported. Such a move could secure thousands of British manufacturing jobs at Nissan, which committed £400m in extra funding to the factory in March. The Japanese car manufacturer is reportedly in talks with its strategic partner [...]
London now counts ‘just 24’ new coronavirus cases per day May 15, 2020 Fewer than 24 people are now catching coronavirus on a daily basis in London, according to new research suggesting the capital could soon be virus-free. The research by Public Health England and Cambridge University suggests London could be coronavirus-free as soon as June, based on new modelling statistics. The capital’s virus reproduction rate – known [...]
The City View podcast: Why coronavirus is making the case for e-scooters May 15, 2020 London’s Olympic site now hosts a vast innovation campus, Here East, home to over 4,000 people working in technology, advanced manufacturing, transport and the creative industries. Subscribe to The City View Podcast: Apple / Google / Spotify / RSS It was a thriving, buzzing village but the lockdown has emptied its streets. CEO Gavin Poole talks about how they’re helping tenants and [...]
Coronavirus: What is the antibody test and how does it work? May 14, 2020 The prime minister’s official spokesperson today hailed an “important breakthrough” after the UK approved a Covid-19 antibody test. The test has been tipped as a potential tool for helping the UK to ease the coronavirus lockdown. But what is an antibody test, how does it work and why do we need one? What is an [...]