Exclusive: Brexit a bigger headache for business leaders than Covid pandemic February 11, 2021 Brexit represents a bigger challenge to most UK businesses than the Covid-19 pandemic, as additional paperwork, unexpected costs and new regulatory requirements make life more difficult than temporary lockdowns. Business leaders have told City A.M. that Brexit is currently their number one headache, despite the government’s pledge that the UK-EU trade deal that was agreed [...]
Coronavirus: Kent variant will ‘sweep the world’ February 11, 2021 The more virulent variant of coronavirus first identified in Kent will become the world’s dominant strain of the virus, according to the the director of the UK’s genetic surveillance programme. The Kent variant is now the most common form of the virus in the UK, after it was first detected in September. It has been [...]
Kent variant could become ‘world’s dominant strain’ February 11, 2021 The Kent variant of the coronavirus could become the “world’s dominant strain”, the head of the UK’s genetic surveillance said this morning. The variant has been detected across Britain and in more than 50 countries around the world. “It’s going to sweep the world, in all probability,” professor Sharon Peacock told BBC news this [...]
Hospital in Israel says it may have found Covid-19 cure as all treated patients make full recovery February 10, 2021 A number of severely ill Covid-19 patients made a full recovery within five days after being treated with a relatively unknown cancer drug, according to multiple media reports in Israel today. Researchers at the Ichilov Hospital in Tel Aviv told Israeli’s KAN News network that out of 30 seriously ill Covid-patients that were treated with [...]
Why have almost half EU countries restricted use of the Astrazeneca vaccine? February 10, 2021 The World Health Organization (WHO) this afternoon recommended the rollout of Astrazeneca’s Covid vaccine for use in all age groups, after a slew of European countries slapped limitations on the jab’s distribution. WHO officials said a “preponderance of evidence weighed in favour of not constraining the vaccine for certain age groups”, and refused to recommend [...]
Westfield London owner posts €7.6bn loss after rent squeeze as UK tenants go bankrupt February 10, 2021 The shopping centre landlord that owns Westfield London, Stratford City and a swathe of similar mega-malls across Europe and the US has seen its like-for-like rental income drop 24 per cent.
Are vaccine passports inevitable to keep the global travel industry afloat? February 10, 2021 Transport secretary Grant Shapps today gave the clearest indication yet that people could soon be required to prove they had been vaccinated in order to travel abroad. Speaking to the BBC, he confirmed talks had been held with his counterparts in the US and Singapore over creation of an international vaccine certification system. Such a [...]
Breaking: World Health Organization recommends Astrazeneca vaccine for all age groups February 10, 2021 The World Health Organization (WHO) has recommended the use of the Astrazeneca/Oxford University vaccine for use by all countries around the world, with a 8 to 12 week interval between doses. In a major snub to European countries that have applied age limits to the vaccine, WHO said there was enough evidence to recommend vaccines [...]
FTSE 100 bounds ahead despite housebuilders taking a tax hit while US stocks soar February 10, 2021 FTSE 100 bounds ahead despite housebuilders taking a tax hit
Lancashire offset Covid losses with strong investment portfolio February 10, 2021 City-based insurer Lancashire left 2020 “relatively unscathed” as its investment portfolio offset nearly $150m in losses linked to the pandemic and natural catastrophes, the company announced this morning. The Group credits the positive fiscal year to its investment portfolio, which ranges from political risk to AV52 markets. Gross premiums written increased by 15.2 per cent [...]