Intu Properties, the owner of shopping centres including Lakeside in Essex, confirmed a story by Sky News when it reported that 71% of its rental income that was due to be paid by tenants on 25 March, had been withheld.London office and UK retail site owner British Land said it was supporting its store tenants, such as those in its Meadowhall centre in Sheffield, with rent deferrals totalling £40m. The group suspended future dividend payments and construction work at its key London development sites.Topps Tiles, the specialist tiling retailer, said it was trading online only - reporting a 3.1% fall in like-for-like sales in the 12 weeks to 21 March. It withdrew financial guidance for the full year.Lloyd's of London, the insurance market, said it was in a "strong position to respond to the impacts of COVID-19" with net resources in 2019 topping £39bn and a return to profit for the year, hitting £2.5bn.Dixons Carphone, which recently announced the permanent closure of its … [Read more...] about Coronavirus: Bank of England warns of ‘sharp’ virus hit as stocks resume slide
Suez profit warning
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These fears were echoed by Diarmuid McDonald of campaign group Just Treatment, which last year helped force a pharma firm to drop the price of cystic fibrosis drugs the NHS had said it could not afford. … [Read more...] about Britain’s ‘nationalistic’ view on coronavirus vaccine race could see UK miss out
'If the proposals were about dealing with the Covid crisis why are the company threatening to terminate contracts, including eliminating disciplinary procedures? This will not help the company get through Covid 19. This is nothing more than a cynical act of corporate greed and a betrayal of the BA workforce and Britain.' … [Read more...] about British Airways ‘will lay-off thousands of cabin crew then re-hire them on HALF PAY’ in huge restructure amid Covid crisis, letters to staff reveal
Coronavirus hairstyle turns heads in Kenya Teaching shape and colors Not only did Mable Etambo design the hairstyle in the shape of of the corona virus, she also use colored thread to represent the colors of the virus itself. "The pink color represents the protein layer, the maroon is the fatty layer and the zigzag is the crown," she explains. She hopes to continue her new-found talent as a hair-stylist even after the pandemic is over. … [Read more...] about What’s the harm in Zoom schooling or contact tracing?