Astrazeneca boosts revenue but misses first vaccine delivery target November 5, 2020 Pharma giant Astrazeneca has seen its sales and revenue rise for the year to date despite the ongoing disruption from the coronavirus pandemic. The FTSE blue-chip said that revenue increased eight per cent to £19.2bn in the first nine months of the year, while sales rose nine per cent. The company, which is working with [...]
Talktalk extends deadline for Toscafund offer November 5, 2020 Telecoms provider Talktalk has extended the deadline for major shareholder Toscafund to make a solid offer for the company until 3 December. Last month the asset manager made a 97p per share approach for Talktalk, with the original deadline set for today. The current offer values the telecom at around £1.1bn, and represents a significant [...]
CBI predicts fourth-quarter contraction and urges long-term thinking November 5, 2020 The UK economy is likely to contract in the final three months of the year as the government’s new England-wide lockdown – put in place to slow coronavirus cases – hits businesses hard, the CBI has said. Britain’s economy faces a “bleak midwinter,” CBI chief economist Rain Newton-Smith told journalists. It came as the leading [...]
Separatist Scots beware: A new Scottish currency would be catastrophic November 5, 2020 Some 12 out of the last 15 opinion polls on Scottish secession have shown majority support for splitting up the United Kingdom. During a period of unprecedented crisis, Scots have chosen to rally round the flag — only this time the flag is that of Scotland, not the UK. However, while polling numbers may be unnerving [...]
There is another way out of these Hotel California lockdowns November 5, 2020 With the nights now drawing in, the weather growing more miserable by the day, and another lockdown starting today, this is beginning to feel more like being trapped in the Hotel California. We’re all just prisoners here, of our own device. But what if there was a better way out? According to official figures, Covid-19 [...]
Thanks to reverse mentoring, I am confident that our uncertain future is in safe hands November 5, 2020 It is difficult to recall a time when the future looked less certain than it does today. Perhaps the only thing we can be sure of right now is that we are at the beginning of a challenging period, as we grapple with the impacts of the pandemic on the economy. For younger people, the [...]
US election: Biden in touching distance of White House as Trump calls in the lawyers November 4, 2020 Joe Biden is closing in on the 270 Electoral College votes needed to win the presidency as Michigan has now been widely called for the Democrat candidate. The former Vice President is on at least 253 Electoral College votes, with some US broadcasters also calling Arizona for Biden, giving him 264 votes. All he needs [...]
How the Democrats threw away their shot to topple Trumpism November 4, 2020 The US election has not delivered the Joe Biden landslide that many were anticipating. Instead, the Democratic candidate appears to be limping towards a narrow Electoral College victory, which may well end up in the courts. Even if The Donald is beaten, he is hardly vanquished, and the Democrats also look like they’ve failed to [...]
Virgin Media switches on gigabit broadband across London November 4, 2020 More Londoners can now enjoy access to next-generation broadband after Virgin Media carried out the UK’s largest ever network switch-on. Roughly 2.6m homes across the capital will be able to benefit from gigabit broadband, which is more than 17 times faster than the national average, with speeds of 1,104Mbps. Virgin’s broadband coverage reaches every London [...]
The City View: Eric Heerema of Nyetimber on creating a luxury brand to rival Champagne November 4, 2020 Subscribe to The City View Podcast: Apple / Google / Spotify / RSS In this episode Christian talks to Eric Heerema, chief executive of Nyetimber – the UK’s leading sparkling wine maker and a truly global, luxury brand. This podcast is sponsored by CMC Markets. 79% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You [...]
