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17/04/20 COVID-19 Global News Update

17 April 2020

Overview of the latest developments on Coronavirus (COVID-19).

General UK News

Coronavirus: Second-home owners 'use loophole' to claim grants

Apr 16th, 2020viaBBC - Wales

Some second-home owners are using a "loophole" to claim grants which are intended to help small businesses survive coronavirus, it is claimed. Firms employing fewer than nine people can apply for £10,000 grants as part of a £1.1bn Welsh Government package.

Coronavirus: Police must stop overstepping lockdown powers, Members of Parliament warn

Apr 17th, 2020viaThe Independent - News

Police must stop overstepping their powers under new coronavirus laws in order to maintain public trust, Members of Parliament have warned.

Coronavirus: Fly-tipping rise prompts plea to reopen tips

Apr 16th, 2020viaBBC - Front Page

Rubbish tips should reopen to curb an increase in fly-tipping during the coronavirus lockdown, politicians have said. Many waste facilities closed in March after Prime Minister Boris Johnson said people should stay at home, except for “essential travel”.

UK extends coronavirus lockdown for at least three more weeks

Apr 16th, 2020viaCity AM - Business

The UK will remain in coronavirus lockdown for at least the next three weeks, after today’s meeting of the government’s top scientific body.

13,000 British military personnel absent due to coronavirus

Apr 16th, 2020viaThe Scotsman - News

The figure is almost 10 percent of the workforce.

Prince William opens new UK emergency COVID-19 hospital

Apr 16th, 2020viaReuters UK - UK News

Prince William, the grandson of Queen Elizabeth, has opened an emergency COVID-19 hospital built in just eight days in the exhibition centre of Britain’s second city, Birmingham.


Global Situation

Coronavirus: Singapore spike reveals scale of migrant worker infections

Apr 17th, 2020viaBBC News | News Front Page | World Edition

Singapore has seen its biggest number of new cases in a single day, driven by increased testing of foreign workers. Once praised for its success in containing the virus, Singapore is now facing a surge of infections linked to industrial worksites and tightly packed worker dormitories.

Australia may keep coronavirus restrictions for a year, schools could adopt roster

Apr 17th, 2020viaReuters UK - World News

Australian public life could be constrained for another year because of the coronavirus pandemic, Prime Minister Scott Morrison warned on Friday, as the country’s most populous state mulled sending children to school in shifts.

Moderna receives $483 million BARDA award for COVID-19 vaccine development

Apr 16th, 2020viaReuters UK - Health News

Moderna Inc said on Thursday that it received a $483 million contract from the Biomedical Advanced Research and Development Authority (BARDA) to accelerate the development of its vaccine candidate for the novel coronavirus.

Trump announces guidelines for reopening states when coronavirus outbreak ends

Apr 16th, 2020viaThe Independent - News

Donald Trump announced guidelines he wants governors to use to craft their own plans to reopen their states when the coronavirus outbreak ends, a remarkable climb down from his Monday claim only he could give such an order.

Portugal extends coronavirus lockdown, promises masks and hand gel

Apr 16th, 2020viaReuters UK - World News

Portugal extended its national coronavirus lockdown for a further 15 days on Thursday and promised to make protective gear widely available and to gradually reopen businesses if the spread of the disease continues to slow.

EU says coronavirus tracking apps should avoid storing data on servers

Apr 16th, 2020viaReuters UK - Technology, Media and Telecommunications News

Mobile apps to track coronavirus cases in Europe should keep as much data as possible on the user’s device rather than in a central server, to best maintain individual privacy, an EU document says.



International

Coronavirus: EU vows to protect weakened firms from foreign takeovers

Apr 17th, 2020viaCity AM - Business

The EU is set to protect its companies against foreign takeovers from firms taking advantage of the economic fallout from coronavirus. The bloc plans to allow governments to take large stakes in weak European companies, even owning them in some cases.

China posts first GDP decline on record as coronavirus cripples economy

Apr 17th, 2020viaReuters UK - Top News

China’s economy shrank for the first time since at least 1992 in the first quarter, as the coronavirus outbreak paralysed production and spending, raising pressure on authorities to do more to stop mounting job losses.

Coronavirus: France's economy is in free fall, but ministers promise the end is in sight

Apr 16th, 2020viaThe Independent - News

France is in the midst of its worst recession since the Second World War. The country’s finance minister, Bruno Le Maire, has warned that the economic crisis resulting from the coronavirus lockdown could eventually be of a similar magnitude to that of the 1929 Great Depression. Yet amid the chaos he remains defiant, promising that the country will recover, “whatever the cost”.

Coronavirus hurts corporate activism as M&A, buybacks decline

Apr 16th, 2020viaReuters UK - Business News

Activist shareholders are likely to scale back campaigns in coming weeks as target companies brace for a deep recession and their favorite calls for change - ranging from mergers to returning cash - are ignored during the coronavirus outbreak.


UK

Coronavirus: UK pubs and restaurants suffer 60 per cent sales dive in March

Apr 16th, 2020viaCity AM - News

The UK’s pubs, restaurants and bars suffered an almost 60 per cent drop in sales last month as a lockdown was implemented to slow the spread of coronavirus. Managed pubs reported a 57.8 per cent sales drop, restaurant sales plunged 56.2 per cent and bars suffered a 60 per cent dive in sales.

Coronavirus: Treasury backs loans to bigger businesses

Apr 16th, 2020viaBBC - Front Page

Loans to all medium-to-large firms will now be included in the government's £330bn coronavirus support package for the economy, the Treasury has said. All viable companies with a turnover of more than £45m will be able to apply for government-backed support, including those which take in more than £500m.

Vauxhall to restart car production amid coronavirus crisis

Apr 16th, 2020viaGuardian - Automotive Industry

UK carmaker brings in new safety measures to protect workers Coronavirus – latest updates See all our coronavirus coverage One of Britain’s largest carmakers is planning to restart production after putting in place new safety measures, as the government comes under pressure to outline its strategy for bringing different sectors of the economy out of lockdown.

To read more from DWF on COVID-19 visit our insights hub >

Further Reading

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