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Christmas rule relaxation will cost lives

By JULIAN SHEA in London | China Daily Global | Updated: 2020-12-16 09:34 Share CLOSE A Royal Mail postbox is seen with a decorative Christmas topper in Hertford, Britain, on Dec 9, 2020. [Photo/Agencies] Govt urged not to misguide people to drop their guard as COVID-19 spreads   Pressure is mounting on the British government to reconsider its proposals for a five-day relaxation of COVID-19 regulations during the Christmas period, amid growing fears of a further rise in infections. Two of Britain s leading medical journals have written a joint editorial for only the second time in 100 years, warning that the plans are a rash decision that will cost many lives .

Hospitality Shutdown Hits UK Food & Drink Exports; Industry Calls For Support

11th December 2020 The Food and Drink Federation (FDF) has published data showing that in the third quarter of 2020, food and drink exports from the UK fell by 11.6% to £5.5bn when compared to the same period in 2019, as the flow of goods to both EU and non-EU markets declined. This decrease was largely blamed on the impacts of the pandemic, including the closure of hospitality and travel sectors, which has meant a loss of sales into restaurants, cafés, bars and the out-of-home sector across Europe. In the first nine months to September 2020, food and drink exports fell to £15.2bn (-12.9%) when compared to the same period in 2019. Exports to the majority of the top 20 markets decreased, with sales to Spain falling significantly by 33.8%. However, exports to Norway experienced the most substantial increase, rising by 38.4% to £198.8m. When looking at UK export products, pork and breakfast cereals were the only products within the top 10 to show growth, up 12.7%, and 2.5%, respe

Business leaders panic and Morgan Stanley shifts assets to Frankfurt as a No Deal Brexit looms

Top bosses urged ministers to ‘leave no stone unturned in search of a deal’. It came as bank Morgan Stanley dealt another blow to Britain’s post-Brexit prospects, becoming the latest Wall Street lender to shift chunks of its assets out of London. The banking titan is planning to move about £90bn of its assets to Frankfurt, according to Bloomberg, to ensure it has enough money on the continent to keep trading with European institutions. Josh Hardie, deputy director-general at influential business group the Confederation of British Industry, said: ‘Shifting deadlines are already costing companies. So getting a deal is vital to protect businesses, jobs and living standards across Europe already under strain from the pandemic.

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