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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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8 Sep 2020 13:31

TOP NEWS: UK Fraud Office Charges Former G4S Care & Justice Executives

TOP NEWS: UK Fraud Office Charges Former G4S Care & Justice Executives

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8 Sep 2020 12:15

Three former G4S executives charged in Britain

LONDON, Sept 8 (Reuters) - Three former executives of G4S Care and Justice Services (UK), a security group, have been charged over a multi-year scheme to defraud the Ministry of Justice (MoJ), the UK Serious Fraud Office (SFO) said on Tuesday.Ric...

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27 Aug 2020 09:57

UK BROKER RATINGS SUMMARY: Morgan Stanley Lowers Homeserve

UK BROKER RATINGS SUMMARY: Morgan Stanley Lowers Homeserve

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27 Aug 2020 09:53

Legal Challenge Over Plans For G4S To Run New Mega-Prison

Legal Challenge Over Plans For G4S To Run New Mega-Prison

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10 Aug 2020 09:43

UK BROKER RATINGS SUMMARY: RBC Upgrades Hastings To Sector Perform

UK BROKER RATINGS SUMMARY: RBC Upgrades Hastings To Sector Perform

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6 Aug 2020 09:38

UK BROKER RATINGS SUMMARY: Liberum Says Buy XP Power, Cuts PageGroup

UK BROKER RATINGS SUMMARY: Liberum Says Buy XP Power, Cuts PageGroup

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28 Jul 2020 12:29

RHI Magnesita Appoints Non-Executive Director As Deputy Chair

RHI Magnesita Appoints Non-Executive Director As Deputy Chair

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24 Jul 2020 13:59

Friday broker round-up

(Sharecast News) - Unilever: Barclays upgrades to overweight with a target price of 5,470.0p.

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24 Jul 2020 09:38

UK BROKER RATINGS SUMMARY: Barclays Raises Phoenix And Cuts M&G

UK BROKER RATINGS SUMMARY: Barclays Raises Phoenix And Cuts M&G

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23 Jul 2020 11:23

G4S Suspends Payout To Save Cash; Profit Rises On Disposal Gains

G4S Suspends Payout To Save Cash; Profit Rises On Disposal Gains

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23 Jul 2020 10:54

G4S beats H1 estimates, sees more demand for thermal cameras, screening staff

(Sharecast News) - Security contractor G4S said on Thursday that it had beaten first-half profit forecasts and expects to see an increased demand for thermal cameras and screening personnel as the globe looks to adapt to a "new normal" in the post-coronavirus-related lockdown world.

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23 Jul 2020 09:47

UK BROKER RATINGS SUMMARY: Credit Suisse Raises Lloyds, Cuts NatWest

UK BROKER RATINGS SUMMARY: Credit Suisse Raises Lloyds, Cuts NatWest

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23 Jul 2020 09:43

UPDATE 2-Earnings boost keeps UK stocks barely above red as virus concerns rage

* Unilever hits over 5-month high as sales fall less than feared* G4S gains on beating first-half operating profit estimates* Weak Wall St, U.S. jobs data spurs late-session losses (Updates to close)By Sagarika Jaisinghani and Ambar WarrickJuly 23 ...

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23 Jul 2020 07:35

UPDATE 1-Security contractor G4S beats profit estimates, dividends still on hold

(Adds more detail on results, background)July 23 (Reuters) - Security contractor G4S Plc on Thursday reported first-half operating profit that beat market expectations, getting a boost from a solid performance in its core security business, but sa...

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23 Jul 2020 07:35

UPDATE 2-G4S profits beat, lockdown easing boosts security demand

* H1 profit of 187 mln pounds* Dividend still on hold* JPM says strong results in context of crisis* Shares up 6% (Adds shares, analyst comment, detail on outlook)By Yadarisa ShabongJuly 23 (Reuters) - Security contractor G4S Plc beat first-half pr...

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