FTSE 100 Live: BT-Verizon deal; Stocks wobble as US and Iran renew talks; Burnham lays out plans for government
City Moves for 27 January: Who is switching jobs in the Square Mile this week? January 27, 2021 Snakes and Ladders provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email citymoves@cityam.com to be featured. Lombard Odier IM bolsters institutional sales team Lombard Odier Investment Managers (LOIM) has bolstered its UK and Ireland institutional sales team with two new hires. Chris Vogtherr and Claudia Ziebart joined the investment [...]
Sadiq Khan accuses government of imposing ‘new era of austerity at worst possible time’ January 27, 2021 The Mayor of London has today warned that major cuts are inevitable unless the government adequately funds the capital. Khan has vowed to build a better city in the aftermath of the pandemic but argues that he is being forced to do so “with one arm tied behind my back”. Speaking at a Budget Plenary [...]
Cancer drug may reduce Covid load in lungs by 99 per cent January 27, 2021 Spanish pharmaceutical company PharmaMar claims its cancer drug Aplidin has the potential to reduce any Covid-19 load in lungs by 99 per cent. Already authorised to treat tumours in some markets, Aplidin blocks a protein associated with the virus and prevents viral replication, leading to the near-complete eradication of Covid viral loads in the lungs [...]
AstraZeneca CEO: ‘Britain will hit its vaccine targets’ January 27, 2021 CEO of AstraZeneca Pascal Soriot is confident the UK will hit its vaccine rollout targets, and has confirmed AZ will not reconsider its pre-agreed contract with the UK in the face of supply shortages in the EU. Speaking to Italian news site Repubblica, Soriot said the UK will have succeeded in vaccinating 28 to 30 [...]
Cash for Covid? Cash for jabs makes far more sense January 27, 2021 As the snow fell on Sunday, I almost expected a Cabinet minister to address the nation that very evening: “Don’t go out in the snow. Don’t slip and sprain an ankle. Save the NHS!” It could have been backed up by a scientist brandishing a chart and a “model” to demonstrate that icy weather led to [...]
UK airline bosses warn PM against making all arrivals subject to hotel quarantine January 26, 2021 The bosses of British Airways, Easyjet, Virgin Atlantic, Jet2 and others have written to Prime Minister Boris Johnson to warn him off a blanket policy forcing all UK arrivals into hotel quarantine.
Government set to announce £1,500 hotel quarantine policy for UK arrivals January 26, 2021 Government set to announce £1,500 hotel quarantine policy for arrivals
Boris Johnson to outline lifting restrictions ‘in next few days’ January 26, 2021 Ministers will set out details about reopening the nation after months of closure “over the next few days and weeks,” the Prime Minister has announced. Speaking at a Downing Street press conference, Boris Johnson said ministers are currently drawing up plans about “how we want to get things open again”. It comes as the UK [...]
UK passes milestone of 100,000 Covid deaths January 26, 2021 Britain has passed the grim milestone of recording more than 100,000 Covid-related deaths since the start of the pandemic, after reporting a further 1,631 fatalities in the last 24 hours. It makes the UK the fifth nation in the world to reach six figures, following the US, Brazil, India and Mexico. It means Britain now [...]
Olympic chiefs expected to press ahead and draw up plans for Tokyo 2020 Games in summer 2021 despite Covid-19 concerns January 26, 2021 The International Olympic Committee (IOC) will meet tomorrow to draw up plans for the delayed Tokyo 2020 Games, despite persistent speculation of a Covid-enforced cancellation. Wednesday’s video meeting of the IOC’s executive board is expected to focus on how it will ensure the vaccination of athletes, manage international visitors and accommodate spectators. The Japanese government, [...]