Novavax Covid-19 vaccine shipments held up by regulatory processes February 8, 2022 Novavax, the maker of the Covid-19 vaccine most recently approved by the UK’s medicines regulator, has reportedly delivered a small fraction of the two billion doses it has promised this year. The US biotech firm has delayed its first-quarter shipments in Europe and lower income countries such as the Philippines, Reuters first reported, citing public [...]
C2C apologises for “inadvertently” causing price overcharge February 8, 2022 Rail operator C2C has apologised for “inadvertently ” loading the ticketing system incorrectly and causing an increase in ticket prices. C2C, which is owned by Italian state operator Trenitalia and runs services between the City’s Fenchurch Street and south Essex, told customers who had purchased a ticket between Saturday and today they could get a [...]
JustEat parent company withdraws from Nasdaq to stick with London listing February 8, 2022 JustEat's parent company Just Eat Takeway.com has delisted its shares from the US Nasdaq stock exchange as it looks to drive down costs and avoid regulatory pressures.
SSE upgrades profit expectations to nearly £1bn amid soaring gas prices February 8, 2022 SSE has upgraded its full-year outlook, with the energy firm boosting its profit forecasts to nearly £1bn amid spiralling wholesale gas prices.
Plan B curbs to put downer on otherwise historic year for UK economy February 8, 2022 The re-emergence of Covid-19 restrictions put a downer on an otherwise historic year for the UK economy, reveal new forecasts released today. The imposition of Plan B measures throughout December in a bid to tame the rapid spread of the Omicron variant caused the British economy to contract in the final month of 2021, according [...]
Jobseekers have four weeks to find work in previous industry before widening search February 8, 2022 From today, jobseekers receiving Universal Credit will have four weeks to find work in their previous industry or job role, before having to widen the net. Those unemployed had previously had up to three months to find a job in their preferred sector. “The changes in the regulations aim to support people into work faster [...]
Get used to queueing at Dover, says Road Haulage Association February 8, 2022 HGV drivers better get comfortable as they need to prepare for four-hour long queues at ports, according to the Road Haulage Association. Post-Brexit, checks at Dover and across the Channel have become the new normal, causing mile-long bottlenecks and forcing authorities to implement traffic access protocols such as Dover TAP to avoid extreme congestion in [...]
KKR shareholders in line for bumper payouts after revenue boost February 8, 2022 Shareholders at global investment firm KKR are in line for bumper payouts after the firm posted record transaction fees in the fourth quarter and strong sales in its private equity division.
Stablecoins are not the future of payments, says New York Fed Bank February 8, 2022 The Federal Reserve Bank of New York has poured cold water on claims that stablecoins could form the basis of a future digital payments system.
Cost of living crunch bites Brits’ optimism February 8, 2022 Fears over a sharp erosion in living standards driven by the cost of living crunch is weighing on Brits’ confidence levels, reveals a fresh survey published today. Consumer confidence in the UK dipped to its lowest level in 11 months last month, according to research by Bank of America. Concerns over inflation hitting household budgets [...]
