Russia becomes first country to approve a coronavirus vaccine August 11, 2020 Russia has become the first country to deem a coronavirus vaccine as safe for widespread use after less than two months of human testing , according to President Vladimir Putin. Putin said the vaccine has “passed all the needed checks” and that he had even given the vaccine to one of his daughters. The vaccine [...]
Derwent London hikes dividend as landlord expects resilient office demand August 11, 2020 Property firm Derwent London this morning said it expects demand for office space to be resilient despite the coronavirus pandemic, saying there is “no substitute” for face-to-face collaboration. The landlord hiked its dividend for the first half of the year as it said it is confident about the future of the role of the office, [...]
Government coronavirus business loans total nears £52bn August 11, 2020 The government has lent nearly £52bn to businesses via its emergency coronavirus loans funding schemes as companies try to weather the pandemic-triggered downturn. Data released by the Treasury today showed the total lent to businesses had hit £51.7bn by 9 August. The bounce back loan scheme (BBLS) accounted for £34.96bn with 1,157,296 facilities approved and [...]
UK-Japan trade deal talks stall over Stilton cheese August 11, 2020 Trade deal talks between the UK and Japan have been held up, after trade secretary Liz Truss tried to sneak Stilton cheese into negotiations. It was reported just two weeks ago that a trade deal between the two nations was on the verge of being completed, however Truss has reportedly held things up by looking [...]
Coronavirus: Deaths in England and Wales fall to new low August 11, 2020 The number of coronavirus deaths recorded in England and Wales has fallen to a new low, according to the latest official figures. Of the 8,964 deaths recorded in the week ending 31 July, just 193 were linked to Covid-19. This is the lowest number of coronavirus-related deaths in the last 19 weeks and marks an [...]
Cryptocurrency and blockchain can help solve many problems for the unbanked and the financially excluded August 11, 2020 Successful British entrepreneur Richard Ells has been around computers and coding from a very early age, and at age 26 he launched an internet business that would later win him an award, but it was not until he launched cryptocurrency start-up Electroneum in 2017 that he felt he could help make a difference in people’s [...]
Chinese car sales surge for fourth consecutive month in July August 11, 2020 Sales of Chinese cars jumped 16 per cent year on year last month in the fourth consecutive month of gains as the world’s biggest auto market kicks back into gear after the coronavirus shutdown. According to data from the China Association of Automobile Manufacturers (CAAM), sales rose to 2.11m units in July. However, for the [...]
Domino’s reinstates dividend as pizza chain hails ‘resilient’ lockdown sales August 11, 2020 Pizza chain Domino’s reinstated its dividend payment as it hailed “resilient” trading during the UK coronavirus lockdown. The figures UK like-for-like sales were up 4.8 per cent and Ireland like-for-like sales increased 3.6 per cent during the first half of the year. However underlying earnings before interest and taxes fell to £51.4m pounds for the [...]
UK unemployment: 730,000 Brits lose their jobs in lockdown August 11, 2020 Around 730,000 people have lost their jobs in the UK since lockdown began in March, official statistics showed today, in the largest quarterly slump in employment since 2009. Since June, a further 114,000 people became unemployed, the Office of National Statistics (ONS) added. The UK unemployment rate stands at 3.9 per cent for the prior [...]
