Single Covid-19 jab produces antibodies in 96 per cent of people May 18, 2021 Over 96 per cent of people who get a single dose of the Covid-19 vaccines made by Astrazeneca or Pfizer develop antibodies, a new study has shown. The figure rises to 99 per cent when a second shot has been administered, the trial, which was carried out by scientists at University College London, found. The [...]
Homeserve revenue jumps on strong North American performance May 18, 2021 Home repair firm Homeserve said that its revenue climbed 15 per cent last year, largely due to an exceptional performance in its North American division. The FTSE 250 firm said that revenue jumped to £1.3bn, up from £1.13bn the prior year. In its American business, which now has 4.7m customers, revenue jumped over a fifth [...]
Land Securities losses widen with work-from-home measures May 18, 2021 Commercial property firm Land Securities has seen its full-year loss widened this morning, as its London-centric office portfolio crumbled under work-from-home measures. The FTSE 100 firm has reported a loss before tax of £1.39bn for the 12 months ending 31 March, compared with a loss of £837m the year before. The pandemic pushed many companies [...]
Frost: EU needs to get used to UK controlling its own fishing waters May 18, 2021 The EU needs to “get used to” the UK having control over its own fishing waters post-Brexit or else there will continue to be “difficulties”, according to Lord David Frost. The minister for UK-EU relations also told MPs yesterday that the post-Brexit relationship will be “a bit bumpy for a time”. There have been complaints [...]
A new breed of activist investors: capitalism is the engine of corporate change May 18, 2021 The ESG naysayers – and yes, they do exist – have a large slice of humble pie to eat. The world as we know it, and how we choose to make our own individual mark on it, has changed drastically in the last 20 years. Our sense of personal responsibility has been supercharged over the [...]
‘Ferocious’ row blazing in Whitehall over Australia trade deal May 18, 2021 Ministers are divided over whether to sign off a trade deal with Australia after the department of agriculture and the department of internal trade could not come to an agreement on the terms. Ministers were battling over whether to grant tariff-free access to Australian farmers, the Financial Times reported, a move that could spark backlash [...]
Helicopter money: large-scale cash handouts are no panacea for economies May 18, 2021 As the Indian variant threatens a third wave of coronavirus and government deficits reach new heights, the notion of so-called helicopter money has been touted as a panacea for Central Banks. Economists on payroll are falling over themselves to claim it is the ultimate weapon to boost economist growth and avoid deflation. Trouble is, it [...]
Diana Muendo CA: A creative approach to diversity May 18, 2021 Diana Muendo CA talks about having the courage to be curious, the diversity of art and big hair.
London e-scooter trial to launch in the City next month May 18, 2021 London’s trial of rental e-scooters will begin next month, it has been confirmed, with the City and Canary Wharf among the first areas to test the transport system. The financial hubs have been tapped alongside a core group of boroughs to take part in the trial, which will begin on Monday 7 June. More areas [...]
Harley-Davidson shares drive up to three-year high on trade truce May 17, 2021 Shares in Harley-Davidson revved up to a three-year high today after the EU suspended an increase in retaliatory tariffs on its motorbikes as part of a trade truce with the US. The EU had threatened to double tariffs on Harley’s bikes, American-made whiskey and power boats to 50 per cent from next month in retaliation [...]