Open Orphan subsidiary to trial influenza antiviral for Big Pharma firm in £10m deal August 22, 2022 A subsidiary of clinical research firm Open Orphan has inked a £10.4m contract with a Big Pharma client to test an influenza challenge virus and an antiviral product in human trials. The London-listed firm’s challenge trials company hVIVO has seen a rise in pharmaceutical companies looking to test their vaccines and antivirals against specific subtypes [...]
Poll shows Tory members still prefer Johnson to remain PM despite Truss 66 point lead August 22, 2022 With just two weeks to go in the Conservative leadership race, a new poll has claimed Boris Johnson is still more popular than Liz Truss and Rishi Sunak. Figures released by YouGov shows Liz Truss has 66 per cent Tory members’ support compared to Rishi Sunak, on 34 per cent. The 32-point lead however pales [...]
Artificial intelligence is the new frontier of ethical tests August 22, 2022 WITHOUT a doubt, there is vast potential for advancement and benefit to society arising out of the application of artificial intelligence. Around half of businesses plan to use AI or advanced machine learning in some capacity in the next three years. Transport Secretary Grant Shapps has said self-driving cars could be on our roads as [...]
Inflation has pushed the political vibes into depths Friedman cannot reach August 22, 2022 We are experiencing the politics of feelings, of “vibes”. These may not adhere to strict logic but their power should not be underestimated.
Cineworld seeks ‘potential’ restructuring to deal with £4bn debt burden August 22, 2022 Cineworld has said it is looking to gain liquidity and potentially restructure its balance sheet through a “comprehensive deleveraging transaction” as it carried billions in debt. The company, which owns US-based cinema chain Regal, said it had voluntarily sought a Chapter 11 bankruptcy filing in the US in pursuit of a potential restructuring. “Cineworld and [...]
Vodafone strikes deal to sell Hungary operation for £1.53bn August 22, 2022 Vodafone has struck a deal with a Hungarian tech firm 4iG and state-backed Corvinus Zrt to sell off its operations in the country for €1.8bn.
Brits love talking about the weather – so let’s talk about investing in climate action August 22, 2022 Up until very recently, British people loved talking about the weather. It has long been part of our cultural zeitgeist and public representation. A BBC survey from 2015 found that four in 10 people admitted to having a conversation about the weather in the 60 minutes preceding answering the survey. Fast forward seven years and [...]
London faces higher inflation than rest of UK, new figures show August 22, 2022 Astronomical renting costs in the capital have led to a higher inflation rate in London than the rest of the UK, according to new figures released by City Hall. The figures show underlying inflation has been 1.5 per cent higher in London than the rest of the country over the past six months, after annual [...]
UK workers keen to bag big City bonuses August 22, 2022 Workers are keen to capitalise on bumper bonuses handed out by banks, brokers and insurers, a new survey published today shows. Around a quarter of Brits want to shake up their careers and move into the financial services sector, according to consultancy KPMG. Of those considering moving to a job in the City, some 58 [...]
Letters: Accountability for all in health August 22, 2022 [Re: Our healthcare leaders need financial acumen to fix the holes in the NHS, August 16] I read Alex Day’s comments about the need for financial acumen in the NHS. He is certainly correct in this, but his example doesn’t reach all the parts. How many of us outside the edifice of the health service [...]