Pfizer given protection from legal action by UK government December 3, 2020 The government has granted Covid-19 manufacturer Pfizer a legal indemnity protecting it from being sued, enabling its coronavirus vaccine to be rolled out across the country as early as next week. The Department of Health and Social Care has confirmed the company has been given an indemnity protecting it from legal action as a result [...]
UK ‘through Covid by Spring’ but economic benefits are ‘months away’ December 2, 2020 The UK will be through the coronavirus pandemic by Spring, Matt Hancock said this morning, following news the Pfizer/BioNTech has been approved for distribution in the UK. Health minister Matt Hancock has said the UK will be ‘through this by Spring’, but despite the optimism, analysts have predicted there will not be an immediate boost [...]
CMA to examine electric vehicle sector December 2, 2020 The Competition and Markets Authority (CMA) is launching a market study into electric vehicle charging, following the government’s move to ban the sale of new petrol and diesel vehicles to 2030. The study will focus on the supply of chargepoints for plug-in hybrid and all-electric ‘passenger’ electric vehicles, comprising cars and light vans. The move [...]
Pfizer/BioNTech vaccine approved for use in the UK December 2, 2020 The Pfizer/BioNTech vaccine has been approved for use in the UK, with roll out planned for early next week, becoming the first Western country to approve a vaccine. The UK’s independent health regulator has approved the vaccine, which offers up to 95% protection against Covid-19. The UK has ordered 40 million doses of the vaccine [...]
Covid-19 vaccine approved and to be rolled out ‘within days’ December 2, 2020 The army and NHS have started preparations for the distribution of a coronavirus now the UK has approved a vaccine. Military personnel have been ordered to transform about 10 sites into vaccine hubs within a fortnight, the Telegraph has reported, including the Nightingale hospital at the London ExCel centre, Epsom racecourse, in Surrey, and Bristol’s [...]
Ince Group: ‘‘Rightsizing’ our office is an idea with legs’ December 1, 2020 The Ince Group is mulling “rightsizing” its office in wake of changes to working patterns brought about by the coronavirus pandemic, CEO Adrian Biles told City A.M. In today’s half year results the listed law firm recorded a revenue increase of six per cent to £48.2m, despite challenges posed by the Covid-19 pandemic. Biles said [...]
German regulator suspects EY knowingly issued ‘factually inaccurate’ Wirecard audit December 1, 2020 Germany’s audit watchdog Apas suspects EY partners knew they were issuing a “factually inaccurate” audit for Wirecard in 2017. Apas has reported EY to prosecutors after believing the big four firm may have acted criminally during its work for payments company Wirecard, which collapsed into insolvency earlier this year. According to the FT, EY audited [...]
Topps Tiles posts 78 per cent drop in profit on virus-led closures December 1, 2020 Topps Tiles has posted a 78 per cent slide in full-year profit and did not propose a final dividend, as coronavirus restrictions prompted the company to close stores temporarily in the third quarter. The company’s adjusted profit before tax slumped to £3.6m for the 52 weeks ended 26 September, from £16m a year earlier. The [...]
‘Vaccine passports’ will not be required for the pub, says Michael Gove December 1, 2020 So-called ‘vaccine passports’ will not be required to visit the pub, Michael Gove has said. Speaking on Sky News this morning the minister for the Cabinet Office said vaccine passports would not be required to visit the pub, and nor was he aware of any discussions taking place on such an idea. Just yesterday Nadim [...]
Outgoing Lloyds Bank CEO to be made Credit Suisse chairman December 1, 2020 Credit Suisse has named outgoing Lloyds Banking Group chief executive officer António Horta-Osório as its next chairman. The change will bring the nearly decade-long tenure of outgoing chairman Urs Rohner to a close. “António Horta-Osório shall succeed Urs Rohner who will step down in 2021 as previously announced upon reaching the statutory term of 12 [...]
