Sussex could be the next area of England dragged into Tier Three, official figures suggest amid spiralling coronavirus cases in – but ministers have raised the prospect of splitting low-infection rural areas from urban hotspots. The fastest spike in Covid-19 infections in all of England was recorded in Hastings, East Sussex, according to the latest … Read more
Christmas shoppers were warned by Downing Street on Friday to be careful as London teetered on the brink of being moved into Tier 3 amid a surge in coronavirus cases. The case rate per 100,000 people in the capital stood at 191.8 on December 6, up from 158.1 the previous week. It means London is … Read more
France publicly threatened to veto a ‘bad’ Brexit deal today as negotiations teeter on the brink of collapse. Paris has emerged as the major obstacle to a pact amid warning that just 48 hours are left to break the bitter deadlock over fishing rights and level playing field rules. UK negotiators had believed they were … Read more
Sir Philip Green has been spotted enjoying another day relaxing in Monaco just days after it emerged his TopShop empire was on the brink of collapse. The 68-year-old, who keeps a £100 million super-yacht in the harbour, walked down the esplanade on Sunday wearing a hoodie and holding his phone up to his face. Sir … Read more
‘It’s clear what the shape of the deal looks like’: Rishi Sunak hints UK and EU are on the brink of Brexit trade pact after watchdog warns failure would wipe another 2 per cent off GDP Rishi Sunak said this morning ‘it is clear what the shape of the deal looks like’ The Chancellor said … Read more
Croydon Council declared itself practically bankrupt yesterday and blamed its financial crisis on the havoc caused by coronavirus. The Labour-run south London borough imposed emergency spending restrictions under a Section 114 notice – only the second authority in two decades to face such measures. As well as the coronavirus crisis, local officials also pinned blame on … Read more
Lenders to Caffe Nero have brought in financial advisers ahead of a business restructure after being hit by the devastating effects of shutdown. Alcentra and Partners Group – which provide mezzanine debt to Caffe Nero, one of the country’s biggest coffee shop chains – have drafted in FTI Consulting to advise on the implications of … Read more
House Speaker Nancy Pelosi is facing tough questions about her ability to win enough votes to retain her leadership, after Democrats shrunk their House majority and moderates in the party plotted to back a challenger. Democrats went into Tuesday night expecting to pad their majority in the House by marching deeper into President Donald Trump’s … Read more
Britain on brink of double-dip recession because Covid restrictions are ‘squeezing activity’, economists warn By Daily Mail City & Finance Reporter Published: 21:50 GMT, 25 October 2020 | Updated: 21:50 GMT, 25 October 2020 Britain is on the brink of a double-dip recession because Covid restrictions are ‘squeezing activity’, economists warn. They predict a GDP … Read more
Famous 1980s celebrity haunt Langan’s Brasserie is on the brink of administration with up to 100 jobs at risk, according to reports. The London restaurant, which was opened in 1976 under then-co-owners Michael Caine and restaurateur Peter Langan, has filed a legal document stating its intention to bring in administrators. The Mayfair eatery, once frequented … Read more