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Covid 19
Amigo Holdings Temporarily Ceases Lending Activity As The Nation Steps Up Its Fight Against Coronavirus
March 26, 2020 11:18 AM GMT| By Team Kalkine MediaUK’s subprime lender, Amigo Holdings Plc has decided to pause all new lending activity as Britain steps up its fight against coronavirus. However, as per the trading update dated 24 March 2020, the company would continue to provide an emergency loan...
Marks & Spencer and Deliveroo Join Hands for Delivery of Essentials Amid the Coronavirus Lockdown
March 25, 2020 11:06 AM GMT| By Team Kalkine MediaAmid the Coronavirus chaos and the situation of lockdown, Deliveroo, the food delivery company has partnered with Marks & Spencer along with BP petrol stations to deliver around 60 items from 120 M&S (FTSE 100 listed) franchised stores on BP...
Key Earnings And Trading Updates From FTSE Stocks Amid Coronavirus Lockdown – MNDI, ESYS And 888
March 24, 2020 05:26 PM GMT| By Team Kalkine MediaThe current financial market scenario in the United Kingdom, as well as the world, is extremely grim as the markets are going through a tremendous tepid situation, which has been primarily caused by the global financial and industrial activity coming...
Global economy will take years to recover from the effects of the coronavirus pandemic– OECD
March 24, 2020 05:19 PM GMT| By Team Kalkine MediaIn a statement given to BBC, OECD Secretary-General Angel Gurría has stated that the fallout of the Coronavirus pandemic is already more significant than the 2008 financial crisis and the world is going to suffer from its economic fallout for a numbe...
UK Eateries Shut Shops To Put Up A Fight Against The Novel Coronavirus
March 24, 2020 03:04 PM GMT| By Team Kalkine MediaAmid the novel Coronavirus outbreak and global lockdowns, the popular bakery chain Greggs, is set to join the league of several other food retailers by closing its outlets temporarily, effective from 24 March, in order to adhere to the lockdown and m...
Gold Stocks on the AIM segment of London Stock Exchange Amidst the Coronavirus pandemic
March 24, 2020 12:30 PM GMT| By Kunal SawhneyGold as an alternative investable class of asset has been in prominence for some time now. It is preferred as a risk-hedging instrument and finds a place in the portfolios of large institutional and other sophisticated investors. Prior to the paper c...
UK Put Under Complete Lockdown As Coronavirus Fears Intensify
March 24, 2020 11:07 AM GMT| By Team Kalkine MediaCoronavirus or Covid-19 disease has gripped the world. As of now, there have been around 381,415 positive cases across the world from the pandemic, and approximately 16,528 people have lost their lives. Country-wise, the death toll, as well as mortal...
British Supermarkets On Hiring Spree Amid Coronavirus Catastrophe
March 23, 2020 04:34 PM GMT| By Team Kalkine MediaThe leading retailers in the United Kingdom are on a hiring spree amid the Covid-19 pandemic. This move can be attributed to the retailer’s inability to cope with the unusual surge in demand, and hence they are carrying out recruitment drives of arou...
The Coronavirus Crisis And Its Impact On Three Key Industries In The UK
March 23, 2020 04:01 PM GMT| By Team Kalkine MediaThe coronavirus crisis has brought a halt to almost all economic activity across the world. Britain is no exception, as various industries in the country have ceased their operations temporarily, which is having a significant impact on the cash flows...
Why the UK Administration Needs to Do More to Fight Coronavirus?
March 23, 2020 01:41 PM GMT| By Hina ChowdharyCovid-19 has gripped the whole world and is having a huge impact on lives of people, most of who have been forced into isolation from others and has become the biggest ever factor to the looming global economic slowdown. The reason behind this is tha...
Is the coronavirus crisis bigger than 2008 crises?
March 22, 2020 10:15 AM GMT| By Kunal SawhneyIn recent times, whenever we had talked about the financial crisis, we just had one mention – ‘2008’. But now it seems that something worse than 2008 has come to ravage an already paralyzed economy. We are here talking about the pandemic “coronavirus...
Government, as well as the industry, come together to fight the Coronavirus outbreak in UK
March 22, 2020 09:00 AM GMT| By Team Kalkine MediaCoronavirus is having a significant impact on both healthcare as well as the economy all across the globe. In the United Kingdom, the spread of the virus has profoundly impacted the economy, and with it, the fortunes of different industries. Manufact...
The AIM segment of the London Stock Exchange amidst the coronavirus pandemic
March 21, 2020 07:22 AM GMT| By Kunal SawhneyThe global capital markets have been going through an extremely rough patch during the past month. Most indices have been trading at their 52-week lows amidst the fear of the coronavirus pandemic spreading to a greater number of countries and lockdow...
UK Automotive Sector and The Coronavirus Outbreak
March 20, 2020 01:59 PM GMT| By Hina ChowdharyThe UK Automotive sector which had already been reeling from the slowdown of the overall economy during December and January, a phase led by the uncertainty around Brexit and poor geopolitical situations at the time, which had significantly hampered...
UK retailers to come together to provide for the nation during the Coronavirus pandemic
March 20, 2020 01:42 PM GMT| By Kunal SawhneyThe British government has decided to relax the competition regulations in the retail industry to allow retailers to closely work together to keep the country adequately provisioned while it fights the coronavirus pandemic. The spread of the virus an...
ECB Launches Mega Bond Repurchase Drive To Counter The Coronavirus Threat
March 20, 2020 11:24 AM GMT| By Team Kalkine MediaIn a meeting held late on Wednesday 18th March 2020, the European Central Bank agreed on a decision to repurchase bonds worth €750 billion, to pump in cash into the eurozone, which is currently in a battle to protect its people and its economy from t...
WHO To Spearhead Multinational Trial Effort Aimed At Developing A Coronavirus Drug
March 19, 2020 03:56 PM GMT| By Team Kalkine MediaThe World Health Organization has today announced that it would be starting a multi-arm, multi-country clinical trial exercise to develop a treatment for the novel coronavirus infection -induced illness. The effort, which will be launched in differen...
Pharmaceutical & Healthcare Stocks On The London Stock Exchange Amidst The Coronavirus Pandemic
March 18, 2020 04:17 PM GMT| By Team Kalkine MediaWhile the Coronavirus pandemic has adversely impaired the sales and growth forecasts of most of the Industries in the United Kingdom, the Healthcare industry of the country has been delivering a mixed set of numbers. While most large listed companies...
WM Morrisons To Create 3500 Jobs As Coronavirus Fear Leads To Rise In Delivery Demand
March 18, 2020 03:05 PM GMT| By Team Kalkine MediaIn the era of wide-ranging job cuts, WM Morrisons Supermarkets (LON: MRW) is going to create 3500 new jobs, which will include around 2,500 pickers and drivers as well as around 1,000 people to work in the company’s warehouses and distribution centre...
Coronavirus Effect: Rishi Sunak to the rescue again with a £350 billion package
March 18, 2020 11:53 AM GMT| By Kunal SawhneyMerely days after announcing a £30 billion stimulus to help businesses in the United Kingdom sustain and survive the menace of coronavirus, Chancellor of the Exchequer, Rishi Sunak, is back again with a larger rescue package for the industry. Yesterd...
