- Here is your roundup of business, automotive and news for Monday, July 27
GDP could remain low until 2024
It could take five years for a key measure of the UK economy to return to where it was before the coronavirus, new figures have suggested.
Experts at large consultancy firm EY said they expected gross domestic product (GDP) to remain below what it was in 2019 through 2024, dealing a blow to hopes of a fast recovery.
The consulting firm estimates that GDP will contract 11.5% this year in the UK, far worse than the 8% they predicted just a month ago. It will then rebound to record growth of 6.5% in 2021. Find out more
France and Germany could be removed from the “safety list”
There are fears that France and Germany may be removed from the UK’s “safe list” of travel destinations, the Telegraph reports.
If they are, the two countries would follow Spain, which was taken off the list over the weekend, prompting the transport ministry to urge employers to show sympathy to staff who must now quarantined for 14 days upon return to the UK from Spain. .
French health officials said over the weekend the country’s R rate was at 1.3 and daily new infections rose to 1130 on Friday – indicators resembling those seen in May, when France emerged from its strict lockdown two months.
Lose five pounds to help save money at the NHS
Overweight people are being asked to lose five pounds to save NHS money and help reduce the risk of dying from coronavirus as part of the government’s new crackdown on obesity.
Boris Johnson, when he unveils his obesity strategy today, will signal the end of candy displays at store checkouts and ban junk food ads on TV before 9 p.m.
Health Secretary Matt Hancock, writing in the Telegraph, set a goal for anyone classified as overweight, saying: ‘If everyone who is overweight loses five pounds it could save the NHS over $ 100 million. sterling over the next five years. And more importantly, given the link between obesity and the coronavirus, losing weight could save lives. ”
Ryanair records a loss of 185 million euros
Ryanair said it had endured the “toughest” quarter in its 35-year history, as it reported a loss of € 185m (£ 168m).
The restrictions allowed the company to carry 500,000 passengers in the first quarter, up from 41.9 million in the same period last year, while turnover plummeted by 2.3 billion euros (£ 2.1bn) to £ 125m (£ 113m).
Ryanair Holdings plc said it expects air travel to be depressed in Europe over the next two to three years, adding: “This will create opportunities for Ryanair to develop its network and expand its fleet, in order to take advantage of the cost reduction opportunities of airports and airplanes. it will inevitably happen.
Rolls-Royce teases new Ghost sedan
Rolls-Royce teased its new Ghost sedan with a sketch and an “open letter” from the boss of the company.
The new model is expected to be fully unveiled in the fall, and boss Torsten Muller-Otvos has promised that the car will only convey the outgoing Ghost’s “spirit of ecstasy and umbrellas” and that it is totally new.
The sketch, which alludes to the ‘minimalist design’ of the new model, is the first in a planned series of ‘animations’, ‘perspectives on customer lifestyles’ and technical details from the perspective of customers. debut of the car.
Restaurant customers are extremely satisfied with the security measures ”
Restaurant patrons overwhelmingly said they were happy with the safety measures after eating out again after the coronavirus lockdown, a new study shows.
Initial results from Yumpingo’s We Hear You initiative showed that 96% of people who returned to restaurants were satisfied with the measures in place.
However, monitoring by trade body UKHospitality showed that only 53% of bars and restaurants reopened in the first week of trading after the lockdown, with revenues reaching 44.5% of previous levels at those sites.
New coronavirus outbreak in Shropshire caravan park
A Shropshire trailer park has seen 21 new cases of the coronavirus.
The council fears the number of cases at the site, which is in the town of Craven Arms, will continue to rise before infection control measures begin to take effect.
All residents who came in contact with any of the positive cases were asked to self-isolate with their household for 14 days, while the 21 people who tested positive in music are quarantined for at least seven days.
And looking at the weather …
Much of the UK will see rain today, BBC Weather reports. It will be heavier in the north and west, while other areas will sometimes see rainy rains. Become drier southwest later. Windy.
As the rain clears the northeast this evening, much of the country will turn dry with clear waves. However, Scotland will be more cloudy with some showers. A cooler night, especially for the south.
A cool and windy day for the most part with northwesterly winds. Much of the country will experience a mixture of sunny periods and a few showers, mainly in the north and west.
Today on Car Dealer Live – Car Dealer Columnist James Litton. Log in here at 12 p.m.
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