The London FTSE 100 index has fallen further following concerns raised about the effectiveness of Covid vaccines against the new Omicron variant. The CEO of pharmaceutical giant Moderna has predicted a “material drop” in the efficacy of current vaccines and warned that “all the scientists I’ve talked to [about the new variant] … are like, […]
UK inflation has surged at its fastest rate since records began with a 3.2% rise in August carried by steep rises in food and drink and home furnishing prices. Figures released today (September 15) by the Office for National Statistics (ONS) show the highest monthly rise since the Bank of England (BoE) gained independence to […]
Boris Johnson and his secretary of state for transport laughed during Monday’s Downing Street press conference held to update the nation on the escalating chaos caused by Covid, Christmas and Brexit combining in a tumultuous storm. More than 40 countries have banned air and rail links to Britain as fears grow about the mutant coronavirus […]
Boris Johnson has followed up last night’s warning there’s a “strong possibility” of a no-deal Brexit by saying today it’s now “very, very likely” to be the outcome. Ursula von der Leyen, president of the EU Commission agrees with the prime minister’s assessment and told EU leaders she is pessimistic about the chances of a […]
The UK has secured five million doses of the Moderna coronavirus vaccine which claims to have almost 95% effectiveness against the virus. Health secretary Matt Hancock confirmed the UK has “an initial agreement” for five million doses from the US drugmaker, but added they will not be available until spring 2021. “Absolutely brilliant news,” hailed […]
British holidaymakers are facing a frantic rush to try and return from France before the deadline imposed by the government comes into effect requiring 14 days quarantine. Boris Johnson’s late decision to take France off the government’s “green list” of countries means up to 400,000 Briton’s have until 4am tomorrow (Saturday) to get back to […]
The number of British people receiving work-related benefits soared by 126% between March and May as the number of people employed over the same period plunged by 600,000. Office of National Statistics figures released today show the early impact of the lockdown on the UK’s economy but experts have warned its full effect will not […]
The prime minister has announced the UK has moved to phase two ‘delay’ in its fight against the coronavirus, calling the outbreak “the worst public health crisis for a generation.” Boris Johnson warned the disease will “spread further” and “many more families are going to lose loved ones before their time.” The latest figures show […]
Three London based companies have sent staff home to reduce their “risk of exposure” to the coronavirus. Media firm OMD UK joined Crossrail and Chevron in temporarily closing its offices and asking staff to work from home. OMD UK closed its Fitzrovia Office today (Wednesday) when an employee, recently returned from Singapore and Australia, started […]
The pound has tumbled as fears of a no-deal Brexit resurfaced wiping out the gains made following Boris Johnson’s comprehensive election victory. Sterling plummeted more than 1.5% against both the dollar and euro after the prime minister announced an amendment to the Withdrawal Agreement Bill (WAB) outlawing any extension to the transition period beyond the […]