Oil prices remain firm as China considers easing Covid-19 restrictions October 20, 2022 Oil prices have risen slightly on both major benchmarks, amid reports China is considering easing Covid-19 quarantine measures.
Covid-19 inquiry: No-deal Brexit prep stopped intensive care drugs ‘running out’, says Matt Hancock June 27, 2023 Preparations for a no-deal Brexit meant vital intensive care drugs were prevented from running out during the pandemic, Matt Hancock has told the UK Covid-19 Inquiry. Crucial medicines were “within hours of running out” in the midst of the coronavirus crisis, the former health secretary said while giving evidence to the UK’s official inquiry. Asked [...]
Post COVID19: Do we really want to change the way we do business? January 11, 2023 It’s been a disruptive few years for both the public and business. No industry has escaped COVID’s impact. However, not all disruption has had negative consequences. Disruption in this instance is not a stand-alone event; one industry shutdown knocks onto the next causing widespread disruption. Key industries, and businesses that adapted to fill the resulting [...]
Mortgage approvals collapse to early Covid-19 crisis levels after mini-budget chaos January 4, 2023 Mortgage approvals in the UK have skidded to their lowest level since the early days of the Covid-19 crisis, pushed down by prospective buyers retreating after Liz Truss’s botched mini-budget sent interest rates flying, official figures out today show. The number of mortgage approvals tumbled a fifth over the month to November to their lowest [...]
Last orders: British pubs closing at a faster rate than during Covid-19 – and it could get worse April 11, 2023 Pubs are vanishing from communities across England and Wales amid soaring energy and food prices. Analysis of government data conducted by real estate advisor Altus Group shows that the number of public houses shutting up shop leapt to 51 a month in the first financial quarter of 2023. In 2022, after the UK emerged from [...]
Beximco Pharma warns of ‘little to no revenues’ from Covid-19 jab deal with Bangladesh November 8, 2022 Beximco Pharmaceutical shares have slipped after the company warned of “little to no revenues” from its deal with the government of Bangladesh for Covid-19 vaccines. The London-listed company, which last year sealed the deal for a majority stake in Sanofi’s Bangladeshi business, had been supplying the AztraZeneca/ Oxford vaccine to the government of Bangladesh (GOB). [...]
China Covid-19 case surge and Brexit disruption worry UK firms most, survey finds February 6, 2023 A surge in Covid-19 cases in China gumming up supply chains threatens to snag the UK economy, a survey out today reveals. Trade flows hobbled by workers in China being too sick to work after contracting the virus or Beijing reimposing lockdowns in response to a rise in cases ranks as the top concern among [...]
Defence sector boosts Rolls-Royce as Asia recovery lags under Covid-19 November 3, 2022 Aerospace giant Rolls-Royce’s recovery continues to lag in Asia due to ongoing Covid-19 measures, as the firm makes headway again in the US and Europe. The London-listed company, which builds jet engines, has been particularly vulnerable to supply chain disruptions and inflation, as it continues to restore back to full health following the pandemic. Rolls-Royce, [...]
Covid-19 test supplier Abingdon suffers heavy losses amid stock price crash November 24, 2022 Abingdon Health, one of the UK’s major suppliers of Covid-19 lateral flow kits, has suffered heavy losses as the pandemic retreats out of the country. The London-listed diagnostic test provider had its revenue plunge to £2.8m in the year to the end of June, from £11.6m in the same period a year prior. Losses swelled [...]
Overdue – or a grave mistake? China re-opens borders but experts warn on spiking Covid-19 cases January 8, 2023 Travellers streamed into China by air, land and sea on Sunday, many eager for long-awaited reunions, as Beijing opened borders that have been all but shut since the start of the COVID-19 pandemic. After three years, mainland China opened sea and land crossings with Hong Kong and ended a requirement for incoming travellers to quarantine, [...]