Covid: Downing Street ‘optimistic’ about Pfizer vaccine breakthrough November 9, 2020 Downing Street is “optimistic” Pfizer’s Covid vaccine breakthrough will be approved by UK regulators, however they warned no decisions can be made before safety data is published by the company. Boris Johnson’s official spokesman told journalists today that the UK has 40m units of Pfizer’s vaccine trial on order if approved by UK regulators, with [...]
Airline stocks soar on Pfizer Covid-19 vaccine breakthrough November 9, 2020 Airline stocks soared this morning after US pharmaceuticals giant Pfizer reported that early studies suggested its Covid-19 vaccine is 90 per cent effective. Pfizer and its German partner BioNTech are the first firms to show successful data from a large-scale clinical trial of a coronavirus vaccine. The companies said they have so far found no [...]
Gearing up against greenwashers: investors seek clarity on sustainability terminology November 9, 2020 A dearth of clear, agreed sustainability definitions present a challenge to investors looking to invest sustainably. This is according to the results of the Schroders Institutional Investor Study, which surveyed 650 institutional investors across 26 countries during April 2020. Gearing up against greenwashers Greenwashing is about falsely communicating the environmental benefits of a product or [...]
Brexit: EU negotiator Michel Barnier outlines three ways to close trade deal November 9, 2020 Chief Brussels negotiator Michel Barnier has said a post-Brexit UK-EU trade deal can be done if there is bilateral respect for each other’s sovereignty and autonomy as he arrives in London for new talks. Barnier and chief UK negotiator David Frost agreed to “redouble” efforts this week in order to get a deal done as [...]
Living up to the hype? Virgin Hyperloop uses its top executives as guinea pigs in first human tests November 9, 2020 Virgin Hyperloop uses its top executives as guinea pigs in first human tests
TMT providers can unlock customer value through credible sustainability actions November 9, 2020 The environmental and sustainability credentials of companies across all sectors are becoming increasingly important to discerning consumers, and this is none more apparent than in the TMT sector. EY’s survey which canvassed the views of 2,000 consumers in the UK, reveals that over half (56%) of UK consumers are willing to pay slightly more for [...]
Social media firms to crack down on Covid-19 vaccine disinformation November 9, 2020 Major social media platforms have agreed a package of measures with the government in an effort to limit the spread of disinformation about any Covid-19 vaccine. Following a meeting with health secretary Matt Hancock and digital secretary Oliver Dowden, Facebook, Twitter and Google endorsed the principle that no company should profit from false or misleading [...]
Keir Starmer backs call to end 10pm pub and restaurant curfew November 9, 2020 Labour Party leader Keir Starmer has reportedly backed calls to end the 10pm curfew on pubs and restaurants when the hospitality industry reopens following the ongoing nationwide coronavirus lockdown. The curfew, which forced hospitality businesses to close by 10pm, was criticised for funnelling punters into the streets and onto public transport all at once, making [...]
Taylor Wimpey shares surge as housebuilder hikes profit forecast November 9, 2020 Shares in housebuilder Taylor Wimpey soared this morning after the property developer said it expects to beat profit forecasts in 2021. The FTSE 100 firm said that a strong recovery of the housing market means it will beat analysts’ top operating profit forecast of £626m. Profit will be “materially above” previous expectations as demand for [...]