Novavax Covid-19 vaccine shows 89 per cent efficacy in UK trials January 29, 2021 The Novavax Covid-19 vaccine has shown an 89.3 per cent efficacy in phase three of a clinical trial conducted in the UK. The UK has ordered 60m doses of the vaccine, which will have to be approved by the Medicines and Healthcare products Regulatory Agency before being distributed to the public. So far, more than [...]
Billionaire Coates family of Bet365 stump up half a billion in tax January 29, 2021 Gambling family Denise, John and Peter Coates of Bet365 have paid more than half a billion pounds (£573m) in tax this year, making them the top taxpayers in the UK. Denise Coates founded Bet365 in 2000, and the tax paid by the family and the business is equal to the price of paying for 62,725 [...]
Taxing time for Ed Sheeran as singer pays £28m to HMRC January 29, 2021 Singer Ed Sheeran paid a whopping £28m in taxes this year, making him one of the UK’s biggest taxpayers. Ed Sheeran was named along with 49 others as part of the Sunday Times Tax List, which lists the taxes paid by the wealthiest in the country. Sheeran was by far the most high-profile new entry [...]
Confidence in London business creeps up in January January 29, 2021 Business confidence in London rose five points during January to three per cent, according to the latest Business Barometer from Lloyds Bank. The rise marks the first positive reading on the barometer since the Covid-19 outbreak began. The business barometer quizzes 1,200 businesses monthly. This month companies in the capital reported higher confidence in their [...]
Office Politics: Keeping staff sane in a world gone mad January 29, 2021 The past twelve months have made it impossible for most of us to work like we did before. What’s more, these lockdowns have made it apparent that working from home all of the time is tougher than many of us ever imagined. So how can employers truly support their teams to get through it and [...]
FTSE 100 closes down as Reddit frenzy continues January 29, 2021 The FTSE 100 closed nearly two per cent down at the end of the week, with investors spooked following a volatile week in markets. London’s main market closed down nearly two per cent, and the FTSE 250 finished nearly 70 per cent down. Wall Street also suffered today, down more than two per cent [...]
Insurance, disrupted: What does the start of 2021 tell us about the industry? January 29, 2021 We waited patiently for the new year. January was meant to be a fresh dawn, with many businesses embarking on transformation programmes to emerge stronger from the pandemic. But, looking at the economic and political events from this month, we see more disruption ahead. Particularly for insurance companies. Before founding OLIVER, I spent 15-years at Commercial [...]
Drax boss: We need to go further on carbon storage to hit net-zero commitments January 29, 2021 Tackling climate change requires global collaboration. As a UK-US sustainable energy company, with communities on both sides of the Atlantic, we at Drax are keenly aware of the need for thinking that transcends countries and borders. Joe Biden becomes the 46th President of my native country at a crucial time, ensuring there is global leadership [...]
Elon Musk brands shorting stock a ‘scam’ following GameStop trading restrictions January 28, 2021 Redditors: We'll 'burn Robinhood to the ground' after Gamestop trading restricted
FTSE 100 closes lower but US stocks rebound from slump and brush off dire data January 28, 2021 FTSE 100 closes lower but US stocks rebound