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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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12 Mar 2019 07:46

LONDON MARKET PRE-OPEN: G4S Profit Dented By California Settlement

LONDON (Alliance News) - Stock prices in London were seen opening higher on Tuesday after positive Brexit developments overnight for UK Prime Minister Theresa May ahead of a crucial vote in the of

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12 Mar 2019 07:21

G4S posts flat profit, eyes Cash separation in second half

(Sharecast News) - G4S reported flat underlying profits for 2018, a positive outlook for 2019 and said it has already received offers to acquire its Cash Solution business as it reviews options around a potential separation in the second half of the year.

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11 Mar 2019 15:05

FTSE 250 movers: Charter Court and Onesavings buoyant on merger news

(Sharecast News) - London's FTSE 250 was up 0.06% at 19,058.77 in afternoon trade on Monday, as merger news fuelled the index's rise.

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11 Mar 2019 14:06

Monday broker round-up

(Sharecast News) - Experian: Deutsche Bank downgrades to sell with a target price of 1,800p.

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5 Mar 2019 15:49

UK Earnings, Trading Statements Calendar - Next 7 Days

Wednesday 6 March Legal & General GroupFull Year ResultsUltra ElectronicsFull Year 7

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23 Jan 2019 17:02

LONDON MARKET CLOSE: Lower Finish As Energy Stocks, Metro Bank Fall

LONDON (Alliance News) - Stocks in London ended the day in the red on Wednesday with energy firms falling, while a steep decline from Metro Bank held back the midcap FTSE 250 The

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23 Jan 2019 12:23

G4S to pay up to $130m to settle US class action

(Sharecast News) - Shares in security services firm G4S were under pressure on Wednesday after it said late the previous day that it has agreed to pay up to $130m to settle a class action in the US.

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23 Jan 2019 11:53

LONDON MARKET MIDDAY: Stocks Lower; Metro Bank Dive Drags On FTSE 250

LONDON (Alliance News) - London share prices continued to trade in the red at midday on Wednesday, with Metro Bank's 30% plunge weighing heavily on the mid-cap FTSE 250 was US

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23 Jan 2019 10:41

WINNERS & LOSERS SUMMARY: Metro Bank Slumps 29% On Annual Profit Miss

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Wednesday.----------FTSE 100 - up 1.9%. The airline was extending gains a

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21 Jan 2019 09:36

BROKER RATINGS SUMMARY: Goldman Cuts Rentokil, Experian; Lifts Babcock

LONDON (Alliance News) - The following London-listed shares received analyst recommendations Friday afternoon and Monday morning:----------FTSE 100----------GOLDMAN CUTS TO - -

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13 Dec 2018 13:31

Thursday broker round-up

(Sharecast News) - Persimmon: Shore Capital Markets upgrades to buy with a target price of 2,295p.

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13 Dec 2018 12:01

LONDON MARKET MIDDAY: Stocks Slip Into Red Ahead Of ECB Decision

LONDON (Alliance News) - Stocks in London had slipped into the red by midday on Thursday, following early morning gains, as focus shifted from UK political instability to a finely balanced policy

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13 Dec 2018 10:51

WINNERS & LOSERS SUMMARY: Outsourcers G4S And Serco Lead FTSE 250

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Thursday.----------FTSE 100 - up 5.2%. Revenue for the financial year to

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13 Dec 2018 08:53

G4S Reviewing Options For Separation Of Cash Solutions Segment

LONDON (Alliance News) - FTSE 250-listed security services company G4S PLC said on Thursday it is started reviewing its options for the separation of its Cash Solutions businesses from the G4S has

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13 Dec 2018 08:34

LONDON MARKET OPEN: TUI, Bunzl Gain As FTSE Opens Higher; Pound Firms

LONDON (Alliance News) - With Asia and the US trading in the green overnight, stocks in London were higher early Thursday, with TUI the top gainer in the FTSE 100. The pound a 24

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