Mayoral Election: Sadiq Khan primed for a second term with odds 1/50 May 5, 2021 Looking at the odds, Ladbrokes has found that Sadiq Khan appears to be the bookies next Mayor of London, once again. The Labour candidate looks primed for a second term in City Hall with odds at an eyewatering 1/50, as his closest rival Shaun Bailey staggered behind at 25/1. No amount of money looks enough [...]
India’s latest wave worsens, accounting for nearly half of global Covid cases May 5, 2021 India accounted for one in four global Covid-19 deaths last week, the World Health Organisation (WHO) said today, as the UK pledged to send 1,000 ventilators in aid on Sunday. The WHO said in its weekly epidemiological report that India accounted for 46 per cent of global cases and 25 per cent of global deaths [...]
‘Freedom day’: Pub bosses wipe down the bar for a 21 June return May 5, 2021 The UK’s pub bosses are wiping the bar down for a June return, coined “freedom day”, urging prime minister Boris Johnson to stick to his roadmap for the easing of restrictions. JD Wetherspoon, Greene King, Slug & Lettuce owner Stonegate and Young’s have all expressed their intentions for a 21 June return of bar service, [...]
Future of high streets look bleak as the end of Covid-19 rent debt relief nears May 5, 2021 The future of UK high streets appears bleak today, as 71 per cent of high street businesses expect further job losses without government or landlord support, according to commercial restructuring specialists Cedar Dean. As the end of the rent moratorium approaches, 80 per cent of high street tenants still face ‘unproductive’ discussions with their landlords. [...]
‘I’m somebody who enjoys winning’: Sadiq Khan plots out a second mayoral term May 4, 2021 If the polls are to be believed Sadiq Khan will win Thursday’s mayor of London election by a record margin. Khan’s 20+ point lead has never slipped and his opponents have never laid a glove on him, despite having an extra year of campaigning thanks to Covid. The Labour incumbent has ran an energetic and [...]
Central Line strike planned for election day suspended as union officials hold talks with Tube bosses May 4, 2021 A Central Line strike planned to coincide with the Mayoral election this week has been suspended. The Rail, Transport and Maritime (RMT) union had previously called for industrial action following the “victimisation” and subsequent sacking of tube driver, and union rep, Gary Carney. However, today union bosses told members at Leytonstone, Loughton, West Ruislip and [...]
Mayor of London election: Where do the major candidates stand on transport? May 4, 2021 With the 6 May mayor of London election now just weeks away, Morning Wire is producing a four-piece series on where the four leading candidates stand on different issues. Today, we look at the transport policies of the candidates from Labour, the Conservatives, the Green Party and the Liberal Democrats. Sadiq Khan Khan said he [...]
FCA nears payout deal over Park First’s £230m ‘illegal investment scheme’ May 4, 2021 The City regulator is in talks with the people behind an investment scheme which has left savers facing losses. The Financial Conduct Authority is reportedly in detailed talks with Toby Whittaker, who owns Park First, which the regulator has previously said was involved in an “illegal collective investment scheme”. A potential deal, which could be [...]
High street recovery blown off course as footfall drops 6.1 per cent May 4, 2021 Wind and rain blew the high street recovery off course this week as footfall dropped 6.1 per cent, according to figures from retail insight company Springboard. The number of shoppers across all retail destinations fell by two per cent last week from the week before. Meanwhile, footfall rose by 2.8 per cent in shopping centres [...]
Covid-19 gives employees itchy feet as job hunts are on the rise May 4, 2021 Job hunts are rising for those in corporates, consultancies and start-ups, according to figures from Movemeon, as multiple lockdowns have shown bosses under a different light. A third of those working in management consultancies are looking for a new role, alongside nearly a quarter of those in private equity and venture capital (PE/VC). Employees getting [...]