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 [...]
Corona Impact Series: How a period product in E1 saw sustainable pants prevail during three lockdowns April 17, 2021 In this series, City A.M. looks at the financial and economic impact of the ongoing pandemic on a range of small and medium-sized businesses across London. This week: How a reusable period product brand with an E1 base saw sustainable period pants prevail during three lockdowns. Whilst periods do not stop during pandemics, supply chains, access and choice [...]
One in six UK adults fully vaccinated against coronavirus April 16, 2021 One in six adults in the UK are now fully vaccinated against Covid-19, with more than 2m second doses delivered in the past seven days, latest official figures show. More than 8.9m people have now received both doses of a Covid vaccine — equivalent to around 17 per cent of Britain’s adult population. A further [...]
London R rate climbs above 1 for first time in months April 16, 2021 London’s R rate has climbed above 1 for the first time in months, meaning the spread of the virus may no longer be slowing across the capital. London’s R rate now stands at a best estimate of between 0.8 and 1.1. The figure marks a marginal hike from last week, when scientists estimated that the [...]
Covid: New Indian mutation found in UK raises immunity concerns April 16, 2021 A new Indian strain of coronavirus that may evade immunity has been detected in the UK for the first time. A total of 77 cases of the new strain, known as the B1617 variant, have been recorded in Britain up until 14 April, according to Public Health England. Four of those have been linked to [...]
Covid infection levels fell sharply across UK last week April 16, 2021 The number of people infected with Covid-19 across the UK fell sharply last week, the latest figures from the Office of National Statistics (ONS) show. After a slight rise last week, the number of people with the disease in England for the week ending 10 April was about one in 480. That’s a considerable drop [...]
Filter that is able to remove Covid-19 from blood given emergency approval in US April 16, 2021 A Pentagon-funded agency has developed a filter that is able to remove the Coronavirus from blood cells when linked to a dialysis machine. After around 300 critically ill Covid-19 patients made a full recovery following treatment with the filter, the FDA has approved the method for emergency use, according to multiple media reports. Moreover, scientists [...]
New super Covid variant combination of 18 mutations, including Brazilian, British and SA strains April 16, 2021 A new super variant of the Covid-19 virus in Brazil is a combination of 18 different mutations, including the so-called Brazil, British and South African strains. According to local media reports, scientist in the South American country confirmed that the new strain, which was first discovered in the city of Belo Horizonte, contains multiple mutations [...]
Blood clot risk from Covid infection ‘eight times higher’ than from Astrazeneca vaccine April 15, 2021 The risk of developing a blood clot from catching coronavirus is eight times higher than after being given the Astrazeneca vaccine, according to a new study by the University of Oxford. Scientists found that cerebral venous thrombosis (CVT) occurred in 39 per million coronavirus patients, compared with around 5 per million people given the Astrazeneca jab. In the [...]
Stimulus cheques from Washington boost US retail spending, but 576,000 file jobless claims April 15, 2021 Stimulus cheques from Washington boost US retail spending, but 576,000 file jobless claims