Coronavirus: Japan declares state of emergency April 7, 2020 Japan Prime Minister Shinzo Abe has declared a state of emergency in capital Tokyo and six other major metropolitan areas in an attempt to fight new coronavirus cases. The measures, which will last a month, will cover around 44 per cent of Japan’s population. Speaking in parliament today, the Japanese premier said: “We have decided [...]
UK house prices face unpredictable blow from coronavirus after March rise April 7, 2020 UK house prices jumped in March, before the impact of the coronavirus lockdown was felt. House prices were up three per cent year on year. However, on a monthly basis, UK house prices were flat. The average UK house price was £240,384 last month, according to the latest Halifax research. However, the outbreak of coronavirus [...]
Coronavirus: How one FTSE 250 firm is keeping staff on board April 7, 2020 The destruction caused by the Covid-19 outbreak is difficult to comprehend, robbing people of their lives and livelihoods without mercy. Our NHS, charities, large businesses, start-ups and entrepreneurs have all been hit hard, with the elderly and vulnerable hit the hardest. I’ve been in business for 40 years now. Together we’ve survived the tornado of [...]
Coronavirus: Luxury brands braced for a bumpy ride April 7, 2020 It’s hard to erase the memory of red-and-white sale signs in the world’s most prestigious stores on Madison Avenue, New York, at the end of 2008. Stores that rarely offered discounts in their flagships slashed prices to move stock to very few shoppers. The luxury sector is not quite witnessing the same carnage as the [...]
Coronavirus: WH Smith raises £165.9m through share placing April 7, 2020 WH Smith has raised around £165.9m through a share placing to shore up its balance sheet amid the coronavirus crisis. The retailer was forced to tap investors for a cash injection after the outbreak forced it to close its travel business and the majority of high street stores. WH Smith can now access a £120m [...]
Coronavirus: World leaders express support for Boris Johnson after hospitalisation April 7, 2020 World leaders have expressed their support for Boris Johnson after the Prime Minister was admitted to intensive care last night. Johnson was admitted to St Thomas’ hospital on Sunday evening with persistent symptoms of Covid-19. Downing Street said he was moved to the unit on the advice of his medical team and was receiving “excellent [...]
China reports no new coronavirus deaths for the first time April 7, 2020 China reported no new coronavirus deaths overnight for the first time since the outbreak began in Wuhan at the start of 2020, as hopes grow that the global pandemic is easing. European countries hit badly by Covid-19, Italy, Spain, Germany and France, also reported lower new case numbers yesterday. And New York’s governor, Andrew Cuomo, [...]
Coronavirus: Asian stocks rise as outbreak eases in Europe April 7, 2020 Asian stocks rose for a second day on signs that the coronavirus outbreak may be starting to recede in Europe and plateau in New York. Japan’s Nikkei rose 2.3 per cent, and this week has undone most of last week’s losses after prime minister Shinzo Abe promised a massive $991bn economic stimulus package due to [...]
Coronavirus: Boris Johnson moved to intensive care after condition worsens April 6, 2020 Prime Minister Boris Johnson has been moved to intensive care after his coronavirus condition worsened, Downing Street has said. The Prime Minister was admitted to St Thomas’ Hospital last night with persistent symptoms of Covid-19. His medical team made the decision to move him to intensive care at roughly 7pm this evening after his condition [...]
Pound plunges after Boris Johnson admitted to intensive care April 6, 2020 The pound fell sharply against the dollar and euro this evening after Prime Minister Boris Johnson was admitted to intensive care. The Prime Minister was permitted to St Thomas’ Hospital last night with persistent symptoms of coronavirus. He moved to intensive care at roughly 7pm this evening after his condition deteriorated, Downing Street confirmed. The [...]