Johnson & Johnson posts $100m in Covid19 vaccine sales as profit beats expectations April 20, 2021 More than $100m in sales from its Covid vaccine helped pharmaceutical giant Johnson & Johnson (J&J) beat revenues and profit expectations today.
CMA teams up with Australian and German authorities to tackle problematic mergers April 20, 2021 The Competition and Markets Authority (CMA) has teamed up with its Australian and German counterparts to better enforce mergers, with healthy competition crucial to post-pandemic economic growth. The CMA, the Australian Competition and Consumer Commission (ACCC) and Germany’s Bundeskartellamt have signed up to a statement which said that “without strong merger control regimes, there is a [...]
Treasury Select Committee chair calls out UK banks for treatment of SMEs during Covid crisis April 20, 2021 Treasury Select Committee chair calls out UK banks for treatment of SME during Covid crisis
BA looks set to recover from pandemic, so why are its 40-something pilots giving up their gold-plated pensions? April 20, 2021 In turbulent times, when the future of a company is being called into question, it is not uncommon for staff to transfer out of their employer’s defined benefit (DB) pension scheme, if they have one. Although seen as “gold-plated”, some DB scheme members worry about their scheme falling to the pension lifeboat fund, and that [...]
UK reports lowest number of Covid deaths since September April 19, 2021 Just four people died of coronavirus in the UK today, the lowest such figure since September, the Department of Health and Social Care reported this afternoon. Death total are often lower of Mondays due to a lag in reporting data over the weekend, but the figure is yet another sign that Britain’s third lockdown has [...]
UK puts India on travel ‘red list’ after surge in Covid cases April 19, 2021 The UK has this afternoon added India to its “red list” of countries due to a recent surge in coronavirus cases. From Friday, India will be placed on the list, meaning travellers will be subject to the strongest level of restrictions, said health secretary Matt Hancock today. “We’ve made the difficult but vital decision to [...]
Australia opens travel bubble with New Zealand April 19, 2021 Thousands of passengers have descended on Australian airports today as the country reopened quarantine-free travel with New Zealand for the first time in more than a year. The new travel bubble means travellers no longer need to self-isolate for two weeks when moving between the countries. While most Australian states had allowed quarantine-free visits from [...]
Make it to-go: Wagamama boss Emma Woods heads for the exit April 19, 2021 Make it to-go: Wagamama boss heads for the exit
Pfizer vaccine not strong enough to resist South African Covid variant: study April 18, 2021 Pfizer/BioNTech’s Covid vaccine is not strong enough to resist the Covid mutation that was first discovered in South Africa. According to a new study published, the South African variant appears to be fairly effective in bypassing the vaccine, more so than the original Covid-19 strain, as well as the British variant, known as the Kent [...]
Sunday Sitdown: Investors look past political changes as Brexit offers a chance to alter investment regulation, says City veteran April 18, 2021 More than 440 firms in banking and financial services have relocated part of their business, moved employees or set up new entities in the EU following Brexit. Dublin and Paris are the go-to destinations, as banks have moved or plan to move more than £900bn in assets to the EU, equivalent to 10 per cent [...]