Moderna rejects request from China for Covid-19 vaccine technology coronavirus Moderna has reportedly refused a request from China to reveal the technology behind its Covid-19 vaccine. The rejection prompted negotiations for its sale there to fall apart, the Financial Times reported, citing people familiar with the matter. The US pharmaceutical company remains “eager” to sell its product in China after negotiations between 2020 and 2021 [...]
Twindemic warning: 30m Brits urged to get ‘potentially life-saving’ flu and covid jabs Winter is coming 30 millions Bris have been urged to have flu and Covid boosters before the winter sets-in to avoid a “twindemic”. The UK Health Security Agency (UKHSA) said people should protect themselves against H3N2 – a subtype of influenza type A – and coronavirus, before expected resurgences of both happens in colder months. H3N2 is currently [...]
Government has until November to end barristers’ strike before judges will be justified in releasing prisoners Barristers Strike Judges acted unlawfully by releasing prisoners awaiting trial because of the barristers’ strike, a High Court has ruled, after warning the government has just two months to sort the situation out before courts will be justified in letting out those awaiting hearings. Crown Court judges in Bristol and Manchester who released prisoners on bail, on [...]
5m Brits have more than one job while double that number is looking for a side hustle September 27, 2022 More than 5m Brits are turning to a second or even third job to beat the cost of living crisis, while another 10m are considering it, according to new data out today from insurer Royal London. In fact, a separate study commissioned by GoDaddy shows that nearly one in three of firms that have under 10 employees are secondary [...]
Value of private equity-backed ‘carve outs’ triples due to Covid and war in Ukraine September 20, 2022 The value of private equity-backed “carve out” deals, through which funds buy up an entire business line, subsidiary, or unit, has more than tripled over the past year. The value of carve out acquisitions by private equity funds jumped threefold from £3.8bn last year to £13.4bn in the year running up to 31 August 2022, [...]
Drop in Covid-19 vaccine demand swings Oxford Biomedica to a loss September 15, 2022 A drop in Covid-19 vaccine demand and manufacturing has swung British biotech firm Oxford Biomedica to a revenue loss in the half of the year. The London-listed firm, which worked with AstraZeneca’s to produce its Covid-19 vaccine, has revenue slip more than 20 per cent to £64m in the six moths to 30 June, down [...]
British biotech giant Oxford Nanopore revenue boosted by ‘burst’ of Omicron September 13, 2022 The muting of Covid-19 revenue at British biotechnology company Oxford Nanopore has been delayed by the “burst” of Omicron, however, related government contracts continue to dry up as cases fall. The company had warned investors of a ‘tapering’ of Covid-related revenue last year. And has also dialled back revenue expectations for its Emirati Genome Program [...]
Wagamama owner enjoys sales rebound but warns of ‘uncertain’ consumer environment September 8, 2022 The owner of the Wagamama restaurant group has seen sales surge in its half-year results, as an “uncertain consumer environment” looms. The Restaurant Group said total sales hit £423.4m in the 26-week period to 3 July, versus £216.8m in 2021. Diners returned to the group’s restaurants and pubs after the easing of Covid restrictions, with [...]
Prudential shares continue to slide as Covid hits insurer’s profits August 25, 2022 Shares in Asia-focused insurer Prudential continued to slip over the previous day as investors maintained their scepticism towards the firm’s claims its recent losses are simply the result of Covid. The London listed firm’s shares have lost more than 30 per cent of their value since the start of 2022, as stringent Covid policies across [...]
Rishi Sunak: UK shouldn’t have ’empowered scientists’ at start of lockdown August 25, 2022 RISHI Sunak has said government “shouldn’t have empowered the scientists in the way we did” at the start of the Covid-19 pandemic. The former Chancellor told The Spectator magazine that there was a failure to “acknowledge trade-offs from the beginning” and that lockdown’s impacts on other health services, as well as schools and the economy, [...]