About This Source - Bloomberg QuickTake: Now
Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City.
It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.
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Bloomberg QuickTake: Now published this video item, entitled “Streets Quiet in London as England Starts Second Lockdown” – below is their description.
Streets in London were quiet on Thursday as England entered the first day of its second national lockdown. Aerial footage shows the normally bustling central areas including around Trafalgar Square, St Paul’s Cathedral and the South Bank as almost empty. The British government and the Bank of England joined forces Thursday to provide further support to an economy that is set for a difficult winter following the imposition of new coronavirus lockdown measures. Hours after the central bank increased its monetary stimulus by a bigger than anticipated 150 billion pounds ($195 billion), Treasury chief Rishi Sunak said the government’s salary support program will be extended through March. The extension of the program, which sees the government pay 80% of the wages of people retained by firms rather than made redundant, comes on the day that England is back in lockdown and the other nations of the UK – Scotland, Wales and Northern Ireland – are living under heightened restrictions as a result of surging coronavirus infections. The extension to the salary support program follows the government’s decision last week to reinstate it at least until December 2, when the lockdown in England is due to end.
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In This Story: Bank of England
The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694 to act as the English Government’s banker, and still one of the bankers for the Government of the United Kingdom, it is the world’s eighth-oldest bank.
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In This Story: COVID-19
Covid-19 is the official WHO name given to the novel coronavirus which broke out in late 2019 and began to spread in the early months of 2020.
Symptoms of coronavirus
The main symptoms of coronavirus are:
- a persistent new cough (non productive, dry)
- a high temperature (e.g. head feels warm to the touch)
- shortness of breath (if this is abnormal for the individual, or increased)
Latest News about Covid-19
Below are stories from around the globe related to the 2020 outbreak of novel Coronavirus – since the WHO gave the Covid-19 naming. Most recent items are posted nearest the top.
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In This Story: Ireland
Geopolitically, Ireland is divided between the Republic of Ireland (officially named Ireland), which covers five-sixths of the island, and Northern Ireland, which is part of the United Kingdom. As of 2016, 4.8 million people live in the Republic of Ireland, and 1.8 million live in Northern Ireland.
The Irish climate is influenced by the Atlantic Ocean and thus very moderate, and winters are milder than expected for such a northerly area, although summers are cooler than those in continental Europe. Rainfall and cloud cover are abundant.
A strong Irish culture exists, as expressed through Gaelic games, Irish music and the Irish language. The island’s culture shares many features with that of Great Britain, including the English language, and sports such as association football, rugby, horse racing, and golf.
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In This Story: Lockdown
During the 2020 Covid-19 epidemic, lockdown has come to mean the practice of attempting to control transmission of the virus by means of restricting people’s movement and activities on a broad scale, usually on a national or state-wide basis.
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In This Story: London
London is the capital of England and the United Kingdom.
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In This Story: Northern Ireland
Northern Ireland is variously described as a country, province, or region, which is part of the United Kingdom. Located in the northeast of the island of Ireland, Northern Ireland shares a border to the south and west with the Republic of Ireland.
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In This Story: Rishi Sunak
Rish Sunak is a British Conservative Party MP, who was originally elected as a Member of Parliament in the Richmond (Yorks) constituency in 2015.
His father-in-law is billionaire founder of Indian IT giant, Infosys, NR Narayana Murthy.
Sunak experienced a meteoric rise, first to be selected for the “safest” Conservative seat in the UK, he would later become the UK Chancellor of the Exchequer in under five years.
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In This Story: Scotland
Scotland is a country in Western Europe which forms part of the United Kingdom. Its government was joined with that of England’s through the 1707 Acts of Union. A devolved government now administers many of the affairs of the country, though ultimate authority still resides with Westminster. Scotland has a distinct legal system and national sporting associations. 5.2 million people live in Scotland and the largest city in the country is Glasgow, though the capital is Edinburgh where the government sits at the Scottish Parliament opposite Holyrood Palace.