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Wednesday newspaper round-up: Lockdown rules, Coronavirus passport, G4S

Wed, 07th Oct 2020 06:26

(Sharecast News) - A Cabinet row has thrown a major overhaul of local lockdown rules into disarray as the leaders of the worst-affected cities warned that the current measures are "not working". A "traffic light" system of different levels of restrictions was due to be announced on Wednesday - but an intervention by Rishi Sunak, the Chancellor, is threatening to delay the plans. - Daily Telegraph
The world's first coronavirus passport is being launched on Wednesday to enable people to travel without having to quarantine. Passengers using two of the world's biggest airlines - United Airlines and Cathay Pacific - and travelling through London Heathrow will be the first to test the technology, which is backed by the US government. The volunteer passengers will upload their coronavirus test results from a validated laboratory onto a digital health passport up to 72 hours before departure. - Daily Telegraph

The Canadian security firm mounting a hostile takeover bid for British rival G4S renewed its attack on the board, as it began its charm offensive with shareholders. Security firm Garda World, which is backed by private equity giant BC Partners, said unforced errors by bosses have helped wipe £1billion off the company's valuation. It questioned if G4S had enough cash to pay for litigation that was 'potentially crippling'. - Daily Mail

A cross-party group of MEPs has written to Amazon's chief executive, Jeff Bezos, demanding information on the online retailer's monitoring of trade union activists and politicians in response to deleted job postings that described unions as "threats". The letter, from 37 members of the European parliament, said they were concerned Amazon deliberately targeted workers seeking to organise, and also questioned whether the company had "spied" on politicians. - Guardian

Rishi Sunak will take on new powers to block companies from listing on the London Stock Exchange on national security grounds. The chancellor is understood to be preparing to launch a consultation on the details in the coming weeks in response to demands from MPs. The limitations of the rules were exposed three years ago when the stock exchange listed EN+, an energy company associated with Oleg Deripaska. - The Times

Surging coronavirus infection rates have put Britain on the brink of tougher lockdown measures, overshadowing Boris Johnson's attempt yesterday to focus on life after the pandemic. The government's scientific advisers called for "urgent and drastic action" after cases doubled in 11 days to 14,542 and deaths doubled to 76 in the same period. - The Times

Taxpayers stand to lose up to £26bn on the government's most popular Covid-19 business loan scheme because of fraud or an inability to repay the money, Whitehall's spending watchdog has warned. The concerns were raised in a National Audit Office (NAO) report into the 100% government-backed bounce-back loan scheme (BBLS), which was designed to quickly distribute cheap loans of up to £50,000 to small businesses hit by the Covid-19 crisis. - Guardian

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14 Nov 2019 09:08

UPDATE 2-FTSE 100 underperforms global peers on 3i drop, sterling gains

* FTSE 100 down 0.8%, FTSE 250 down 0.3%* Burberry jumps after Q2 results* 3i drops after H1 report* FirstGroup marks worst day in more than a year (Adds news items, updates to close)By Shashwat Awasthi and Muvija MNov 14 (Reuters) - London's FTSE 1...

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14 Nov 2019 09:00

Norway wealth fund can no longer invest in security firm G4S

OSLO, Nov 14 (Reuters) - Norway's $1.1 trillion wealth fund, the world's largest, can no longer invest in security services firm G4S because of the "unacceptable risk that the company contributes to, or is responsible, for serious or systematic h...

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13 Nov 2019 10:41

UK WINNERS & LOSERS SUMMARY: Tullow Oil Sinks After Cutting Guidance

UK WINNERS & LOSERS SUMMARY: Tullow Oil Sinks After Cutting Guidance

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8 Nov 2019 17:14

LONDON MARKET CLOSE: Stocks End Week Poorly On Mixed Trade Deal Signs

LONDON MARKET CLOSE: Stocks End Week Poorly On Mixed Trade Deal Signs

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8 Nov 2019 11:54

Friday broker round-up

(Sharecast News) - Tate & Lyle: Kepler Cheuvreux upgrades to hold with a target price of 720p.

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8 Nov 2019 10:30

UK WINNERS & LOSERS SUMMARY: Games Workshop And Beazley Top FTSE 250

UK WINNERS & LOSERS SUMMARY: Games Workshop And Beazley Top FTSE 250

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8 Nov 2019 08:08

LONDON BRIEFING: Phoenix Group Hires Former Aviva Exec To Be New Chief

LONDON BRIEFING: Phoenix Group Hires Former Aviva Exec To Be New Chief

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7 Nov 2019 11:25

G4S Revenue Grows In Third Quarter As Evaluates Cash Solutions Offers

G4S Revenue Grows In Third Quarter As Evaluates Cash Solutions Offers

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7 Nov 2019 07:37

G4S Q3 revenue up; looking at options on cash business

(Sharecast News) - G4S on Thursday reported 4.3% growth in third quarter organic and said it was looking at unsolicited approaches for its cash solutions business as an alternative to a planned demerger.

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31 Oct 2019 15:46

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

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4 Oct 2019 16:04

UK Dividends Calendar - Next 7 Days

UK Dividends Calendar - Next 7 Days

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6 Sep 2019 17:03

LONDON MARKET CLOSE: Stocks Shrug Off Weak US Jobs Data To End Higher

(Alliance News) - Stocks in London ended higher on Friday despite disappointing US nonfarm payrolls figures, which prompted fears of an economic slowdown, as US President Donald Trump stepped up a

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6 Sep 2019 11:59

PRESS: US-Listed Brink's Eyeing Up G4S Cash Solutions Unit - Sky

(Alliance News) - New York-listed Brink's Co has approached G4S PLC about acquiring its Cash Solutions arm, Sky News reported on Friday.Sky reported that sources said Brink's was in

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6 Sep 2019 11:41

G4S surges as US-based Brink's said to be interested in cash solutions arm

(Sharecast News) - G4S shares surged on Friday following a report that US cash-handling business The Brink's Company could make a £1bn bid for the security services firm's cash solutions arm.

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6 Sep 2019 09:57

UPDATE 2-China stimulus plan lifts FTSE 100; G4S boosts mid-caps

* FTSE 100 up 0.2%, FTSE 250 up 0.3%* China stimulus buoys sentiment* U.S. jobs data reinforces Fed rate cut bets* Homebuilder Berkeley up after trading update (Adds news items, analyst comments, updates to closing prices)By Muvija M and Shashwat Aw...

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