Moderna scouts for 3,000 British volunteers for new Omicron-specific jab February 16, 2022 Moderna is scouting for around 3,000 British volunteers as part of its new Omicron booster vaccine study. The jab will be the world’s first variant-specific vaccine and is set to be trialled at various sites across the UK in partnership with the National Institute for Health Research. The study, led by a team based at [...]
Indivior mulls US listing after turning around losses February 16, 2022 Pharmaceuticals company Indivior is mulling a US listing after bouncing back from heavy losses suffered in 2020.
Atom Bank mulls going public after £75m funding round February 16, 2022 Digital bank Atom Bank has closed a £75m funding round which values the firm at £435m as it gears up for a potential flotation on the stock exchange.
Soaring costs expected to drive people to putting homes on Airbnb February 16, 2022 Holiday rental platform Airbnb has said it anticipates bookings to hit pre-pandemic levels for the first time in the current quarter as Covid fears ease. The number of nights booked in cities in the last three months of 2021 neared 2019 levels, it said in results. The pressure of rising costs would influence individuals to [...]
Coca-Cola Europacific Partners’ profit up after Amatil acquisition February 16, 2022 Coca-Cola Europacific Partners (CCEP) has reported fizzing pretax profit, at €1.38bn, compared to €695m the previous year. Chiefs at the bottling company remarked on an “extraordinary” year in preliminary unaudited results for the full year ended 31 December 2021. The London-listed firm said it would revert to two interim dividends this year, posting a dividend [...]
Ocean Outdoor mulls sale as revenue soars February 16, 2022 Advertiser Ocean Outdoor saw a strong bounce back in demand last year, following tough conditions during the Covid-19 pandemic.
Editorial: Truss lets the cat out of the bag on ruinous NI hike February 16, 2022 Lest there had been any suspicion about the feline characteristics of the four-legged creature in the sack, Foreign Secretary Liz Truss confirmed what we had all suspected last night. The cat, as they say, is out of the bag. In a radio interview with LBC yesterday Truss – when asked about the coming National Insurance [...]
City Moves: Who’s switching jobs in the Square Mile this week? February 16, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Puma Investments Puma Investments has poached its new marketing director from Legal & General and is the fifth key appointment in the past few months. After holding the same position in the insurance giant’s retail retirement division, [...]
Heathrow chief says fares row no good for either side of debate February 16, 2022 DESPITE a very public feud between airlines and Heathrow over the airport’s passenger fees, the airport’s boss has told City A.M. that co-operation will see both sides come out stronger. “The best way through this actually is to work with airlines to recover as fast as we can,” John Holland-Kaye said. The airport and carriers [...]
As the energy crisis hits pockets, we need to protect our future economy February 16, 2022 Against the backdrop of the cost of living crisis, there is a growing vocal minority in the Conservative Party calling for the Prime Minister to slow down on decarbonising the British economy. The Net Zero Scrutiny Group of backbench MPs in parliament have started to grumble that the government’s net zero plans will cost too [...]
