Covid-19 cases hit a new record of 19,724 on Wednesday creating split opinions on how to manage the virus. SAGE, the Scientific Advisory Group for Emergencies, released a report stating that a two-week circuit breaker at the end of October could halve covid-19 deaths between now and the end of the year.
What has happened?
Questions are being raised about the right of patients to claim for clinical negligence in relation to a healthcare worker’s ‘negligent’ actions during the COVID-19 pandemic.
The NHS has introduced an ‘additional indemnity coverage’ scheme. This scheme is available for cases whereby healthcare professionals have carried out activities related to COVID-19. This is in accordance with clauses 10-12 Coronavirus Act 2020.
What just happened?
The US stock index is ahead of other major indices around the world, particularly Europe. The benchmark US stock index, the S&P 500 swiftly regained the ground lost during the pandemic.
What just happened?
The Coronavirus Job Retention Scheme (CJRS), also known as the furlough scheme launched in March had paid out £35 billion and has been used by 1.2 million employers enabling 9.6m jobs to be furloughed. The UK tax authority has claimed that UK may have paid out up to £3.5 billion in furlough money on fraudulent or mistaken claims.
What has happened?
Despite the UK entering the worst recession since records began, Rightmove has reported over £37 billion worth of property sales agreed in July, making it the most active month for home buying since they started tracking this data over ten years ago. The temporary stamp duty changes coupled with changing consumer preferences are just two of the factors that contributed to this occurring.
What just happened?
The COVID-19 outbreak is affecting 210 countries and territories around the world and two international conveyances. The pandemic has resulted in a global economic shock as the world’s largest economies are divided by trade disputes. There has been a dramatic fall in global stock prices and bond yields. The disruption in the economy is likely to result in a recession, which will potentially result in a currency war between the countries.
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