Business

[ad_1] Transport for London (TfL) secured a government rescue of £ 1.6bn after the coronavirus pandemic caused a 90% drop in revenue. London Mayor Sadiq Khan had been warning that tube and bus services would have to be cut if a financial injection was not agreed at the end of …

[ad_1] For the second time in six days, Grants Shapps was asked to face the house at the daily Downing Street press conference. Let that thought sink for a moment. Since Shapps is a man clearly out of his depth in a puddle, there can only be four explanations for …

[ad_1] Stock markets slumped on Thursday as investors began to lose faith in the prospect of a swift recovery from the economic turmoil triggered by Covid-19. Optimism fizzled out after a sombre economic prognosis from the chair of the Federal Reserve was swiftly followed by soaring US unemployment figures and …

[ad_1] Americans should prepare for the risk of their “darkest winter in modern history” due to continued federal government failure to address the coronavirus pandemic, the US Congress warned. USA Rick Bright, who was removed from office at the head of a federal vaccine agency last month, told a Congressional …

[ad_1] 9:18 Why did Ferrari go for Carlos Sainz over Lewis Hamilton? Sky F1’s Martin Brundle has his say on Sainz, Daniel Ricciardo moves in, and more as the 2021 transfer market kicks in. Why did Ferrari go for Carlos Sainz over Lewis Hamilton? Sky F1’s Martin Brundle has his …

[ad_1] The first national snapshot of Covid-19 rates has revealed that 148,000 people in England have been infected with the virus in the past two weeks. The study, conducted by the Office for National Statistics (ONS), evaluated 10,705 people in more than 5,000 households and estimated that 0.27% of the …

[ad_1] London Mayor Sadiq Khan gave the government an ultimatum saying that if Transport for London does not receive a ransom today, the operator will have to cut underground and bus services. Speaking to LBC, Khan said: “To be frank, today is the last day. Unless the government gives us …

[ad_1] Lynn Faulds Wood’s family has described the heartbreaking moment when it collapsed. Her husband John Stapleton, who introduced Watchdog alongside her, says it was after they participated in the weekly Clap For Carers celebration that she suddenly fell seriously ill. Lynn died last month at the age of 72 …

[ad_1] 12.33pm BST12:33 Gordon Brown has called for international coordination to prevent a second or third wave of the Covid-19 pandemic, saying the crisis cannot truly be ended “unless it is eradicated in every continent”.Writing in the foreword of a new report – ‘Tipping Point: How the Covid-19 pandemic threatens …

[ad_1] New Zealand to Establish $ 30 Billion Recovery Fund Covid-19 Jamie Smyth in Sydney New Zealand will establish a NZ $ 50 billion ($ 30 billion) Covid-19 investment and recovery fund to help rebuild its economy after an unprecedented 20 percent decline in economic activity in the quarter June, …