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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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7 May 2019 10:44

WINNERS & LOSERS SUMMARY: Domino's Pizza Warns Of International Loss

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Tuesday.----------FTSE 100 - up 1.8%. The telecommunications firm said it

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7 May 2019 08:59

Canada's Garda World Backs Off From Potential G4S Takeover Offer

LONDON (Alliance News) - Canadian firm Garda World Security Corp on Sunday said it does not intend to make an offer for UK-listed security company G4S PLC.At the beginning of April, Garda

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7 May 2019 08:54

LONDON MARKET OPEN: Stocks Down; US Accuses China Of Reneging On Trade

LONDON (Alliance News) - Stock prices in London opened lower on Tuesday after the US-China trade war threatened to reignite over the long bank holiday weekend in the UK. Top economics advisers to

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7 May 2019 07:28

G4S mulling options after Garda World walks away

(Sharecast News) - Security services firm G4S confirmed on Tuesday that it had not received an offer from Canadian rival Garda World, which had announced back in April that it was interested in buying the company.

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16 Apr 2019 09:05

G4S First Quarter Revenue Rises Amid Growth In All Units

LONDON (Alliance News) - G4S PLC on Tuesday said its revenue for the first quarter surged on the prior year after the company recorded growth in all divisions.For the three months ended 31,

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16 Apr 2019 08:03

G4S Q1 revenues rise, hails good start to 2019

(Sharecast News) - Security services firm G4S, which recently became a takeover target for Canadian rival GardaWorld, reported a jump in first-quarter revenue on Tuesday as it hailed a positive start to 2019.

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10 Apr 2019 18:15

UPDATE: G4S Urges Shareholders Not To Act On Possible GardaWorld Bid

LONDON (Alliance News) - G4S PLC on Wednesday noted the possible offer from Canadian security firm Garda World Security Corp and asked its own shareholders not to take action yet.Regarding

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10 Apr 2019 17:10

LONDON MARKET CLOSE: Stocks Mixed As Investors Hope For Brexit Delay

LONDON (Alliance News) - Stocks in London ended mixed on Wednesday, with the FTSE 100 marginally lower amid a rising pound, which appreciated on hopes of a Brexit extension. The FTSE 100 index or

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10 Apr 2019 13:13

TOP NEWS: G4S Shares Surge As Canada's GardaWorld Mulls Bid

LONDON (Alliance News) - Canadian security firm Garda World Security Corp on Wednesday confirmed it is considering an offer for UK-listed G4S PLC.Garda, which trades as GardaWorld, made the

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10 Apr 2019 12:14

G4S surges as Canada's GardaWorld confirms it's considering an offer

(Sharecast News) - G4S surged on Wednesday as Canadian rival GardaWorld confirmed it is in the preliminary stages of considering an approach to the board of the London-listed security services firm regarding a possible cash offer.

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1 Apr 2019 17:21

G4S Loses Contract To Run HMP Birmingham, Returns To Public Ownership

LONDON (Alliance News) - Birmingham prison is being brought back in-house permanently after it plunged into crisis under private management.HM Prison and Probation Service took over the G4S

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13 Mar 2019 15:10

FTSE 250 movers: SIG gets broker boost, Avast stumbles

(Sharecast News) - London's FTSE 250 was up 0.10% at 19,162.58 in afternoon trade on Wednesday, as a barrage of broker action sent the index higher.

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12 Mar 2019 12:03

LONDON MARKET MIDDAY: Pound Falls Back Near USD1.30 Before Brexit Vote

LONDON (Alliance News) - The FTSE 100 was on course for a second session of gains on Tuesday as the pound had a volatile day tracking the latest Brexit updates, sinking sharply after the UK's

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12 Mar 2019 10:36

WINNERS & LOSERS SUMMARY: Sirius Minerals Gains On Financing Offer

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Tuesday.----------FTSE 100 - WINNERS----------Lloyds up

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12 Mar 2019 08:53

LONDON MARKET OPEN: Strong Pound Sends FTSE 100 Lower Ahead Of Vote

LONDON (Alliance News) - Stock prices in London opened mixed on Tuesday, as a surge in the pound overnight hampered gains in the FTSE 100, amid rising expectation that UK Prime Minister Theresa be

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