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Hot Off The Wires - 14th May 2021

News


  • Boris Johnson vowed on Thursday to push ahead with Monday's lockdown easing despite a spike in Indian variant cases, amid hopes that a local surge in vaccinations can contain the threat.

  • BT is to accelerate the expansion of its full-fibre broadband infrastructure and explore a joint venture to help fund the investment after securing a big tax break, clarity from its regulator and a deal on its pension deficit.

  • Burberry has predicted it will take several years for long-haul travel to recover from the coronavirus pandemic, with the absence of wealthy tourists a severe blow to its UK shops.

  • McDonald’s is raising hourly wages for more than 36,500 of its employees in the US in a sign of growing pressure on restaurants and other businesses to increase pay.

  • Disney has revealed a slowdown in people signing up for its internet TV service in a sign that households are shifting their attention away from streaming as the pandemic eases.


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