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Tag: recovery

Coronavirus: NHS England launches tool to aid long-term recovery

Coronavirus: NHS England launches tool to aid long-term recovery

Health
NHS England is launching a new service for people with ongoing health problems after having coronavirus.The government says "tens of thousands" of people have long-term symptoms after catching Covid-19."Your Covid Recovery" will be an online portal for people in England to access tutorials, contact healthcare workers and track their progress.The project will be rolled out in two phases, with the web portal launching later this month.It will only be accessible via a personal log-in and will be available to virus patients who had to be treated in hospital, as well as to those who managed their illness at home.Later in the summer, tailored rehabilitation will also be offered to those who qualify, following an assessment.Each programme will last a maximum of ...
‘Build, build, build’: PM channels 1930’s US ‘new deal’ with coronavirus recovery plan

‘Build, build, build’: PM channels 1930’s US ‘new deal’ with coronavirus recovery plan

Business
Boris Johnson will attempt to mark a new phase in the coronavirus response on Tuesday by setting out plans for an "infrastructure revolution" to create jobs and stimulate an economic recovery.The prime minister will invoke the 1930s 'new deal' of former US President Franklin D Roosevelt as he delivers a major speech in the West Midlands town of Dudley in the morning. He will announce £5bn in capital investment to accelerate infrastructure projects this year, including hospital maintenance works, school building and improvements to the road and rail networks.But a leading think-tank warned tax rises could be needed to foot the bill and Labour said there should be more emphasis on jobs coming out of the COVID-19 pandemic, which has so far killed more than 43,000 people in the UK.A national i
Make Covid-19 recovery green, say business leaders

Make Covid-19 recovery green, say business leaders

Science
More than 200 top UK firms and investors are calling on the government to deliver a Covid-19 recovery plan that prioritises the environment.They say efforts to repair the economy should support the government's commitment to tackle the climate change crisis.They believe ministers should use the Covid-19 lockdown as a springboard to propel a green economy.The signatories to the letter include Lloyds Bank, Asda, Siemens and Sky.The proposals outlined by firms such as Mitsubishi, Signify and Yorkshire Water in a letter to the prime minister include: Driving investment in low carbon innovation, infrastructure and industries. Focusing support on sectors that can best support the environment, increase job creation and foster the recove...
Franklin Templeton appoints legal counsel to maximise recovery in Essel Infra bonds

Franklin Templeton appoints legal counsel to maximise recovery in Essel Infra bonds

Finance
Franklin Templeton has appointed a legal counsel and is actively considering all necessary actions to maximize recovery value in Essel infra Bonds. Four of its fixed income schemes, Franklin India Dynamic Accrual Fund, Franklin India Credit Risk, Franklin India Short Term Income Plan and Franklin India Low Duration Fund are invested in 0% Essel Infra Series 1 and 0% Essel Infra Series 2, which matured on May 22, 2020. In a note to investors, Franklin Templeton said, "At maturity, the issuer was unable to meet the maturity obligation. These NCDs are currently valued at 15% of value after taking an 85% hair cut. The NCDs are backed by a pledge of listed shares of Zee Entertainment, Dish TV, unlisted shares of EIL, personal guarantee of Subhash Chandra and corporate guarantee. There is no im...
Virus recovery plan ‘must tackle climate change’

Virus recovery plan ‘must tackle climate change’

Science
Tackling climate change must be woven into the solution to the Covid-19 economic crisis, the UK will tell governments next week.Environment ministers from 30 countries are meeting in a two-day online conference in a bid to make progress on cutting greenhouse gas emissions. The gathering is called the "Petersberg Climate Dialogue".It will focus on how to organise a "green" economic recovery after the acute phase of the pandemic is over.The other aim is to forge international agreement on ambitious carbon cuts despite the postponement of the key conference COP26 - previously scheduled for Glasgow in November (now without a date). Alok Sharma, the UK Climate Secretary and president of COP26, said: "I am committed to increasing global climate ambition so that...