Government to commit to 100,000 tests a day ‘by the end of the month’

By Gareth Jones Health Secretary Matt Hancock led today’s government press briefing, in which he unveiled a new ‘five pillar’ testing strategy to tackle the coronavirus that he said will deliver 100,000 tests a day by the end of this month. Acknowledging the mounting criticism from the media and health professionals over the comparative lack…

Shareholder engagement during the Lockdown – it really can work

By Adam Lloyd, Newgate Partner Even with us all stuck at home, the corporate reporting clock keeps ticking.  So can results successfully be delivered in lock down?  Well, I’ve established that they can – in a way that works both for the company and investors. Today we successfully orchestrated a fully interactive investor presentation with…

What is it like to be furloughed?

By Jamie Williams “To reduce our costs further, we must now consider out largest expenditure: staff remuneration” The chilling words that millions of people have been hearing when employers place them on furlough – the Government scheme which pays up to 80% of salaries to workers their employers cannot afford to keep on – of…

An appetite for risk

By Ian Silvera It’s hard to ‘move fast and break things’, the mantra Facebook’s Mark Zuckerberg once espoused, in a lockdown brought by a global health pandemic. In fact, to just keep moving, at any given pace, is the main challenge for the West’s start-ups right now. Many of these fledgling businesses are unprofitable, a…

Letter from… Colombia

By Mateo Mora, Partner, SEC Newgate Colombia Colombia’s President Iván Duque announced a 19-day quarantine on Tuesday, March 24th.  The decision was made just 14 days after the first case of COVID-19 was diagnosed in the country, which compared to other countries, was relatively quick. Whilst we are nearing the scheduled finish of the quarantine…

Government thanks business but warns banks

By Simon Gentry Alok Sharma, Secretary of State for Business, Energy and Industrial Strategy, lead today’s government Coronavirus press conference.  He began by recounting the growing human toll of the virus, with another 563 deaths being reported today. He noted that the virus does not discriminate and is the greatest threat to the UK and…

Crime drops due to CV

By Beth Colmer Crime has fallen since the outbreak of Coronavirus and the measures to stem its flow, according to former Metropolitan Police Commissioner Lord Bernard Hogan-Howe. “I hear that the police are having far fewer reports of crime at the moment” he told an audience of business leaders this afternoon during a webcast jointly…

Small, but mighty, buy local!

By Charlotte Coulson Stockpiling has equalled boom time for supermarkets and delivery slots are proving harder to get than Glastonbury tickets. But it’s the smaller businesses that are demonstrating their agility – shifting focus to help meet new demands with restaurants converting to food shops or offering contact-free deliveries. There are 5.82 million small businesses…

Letter from… Kenya

Here in Kenya, it is worrisome, but in a different way. Social distancing is a luxury that Africans cannot afford, and our health systems are near non-existent.  Whereas developed world populations are hoarding toilet roll, to my horror, my neighbours are counting ammunition, fearful of civil unrest due to increasingly severe lockdown policies enforced by…