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Delta dawn: AZ vaccine can tame Indian variant of Covid
New data from Public Health England demonstrates that Cambridge Big Biotech AstraZeneca’s Covid vaccine offers high levels of protection against the Delta variant (formerly the ‘Indian’ variant). Real world data from PHE shows that two doses of COVID-19 Vaccine AstraZeneca are 92 per cent effective against hospitalisation due to the Delta variant and showed no …
Business
Sky News
Biden hails breakthrough as US agrees truce in 17-year trade fight with EU
Joe Biden has hailed a “major breakthrough” after the US and EU agreed to a truce in a near 17-year aviation trade dispute that will phase out billions of dollars in punitive tariffs.The row, centred on the rivalry between aeroplane makers Airbus and Boeing, has spiralled into a series of tit-for-tat measures taking in a …
Business
Sky News
L&G puts AIG on the naughty step over ‘insufficient’ climate change action
American International Group is a $44bn (£31bn) giant, one of the world’s largest insurance businesses, the 173rd largest company in the S&P 500 index and is a brand, thanks to its past shirt sponsorship of Manchester United, known to millions.It is also, as of today, a company in which many clients of Legal & General …
Business
Euro News
EU and US reach deal to end Airbus-Boeing trade dispute
The United States and the European Union reached a deal on Tuesday to end a damaging dispute over subsidies to rival plane makers Boeing and Airbus and phase out billions of dollars in punitive tariffs, the US trade envoy said.US Trade Representative Katherine Tai said the two sides have come to terms on a five-year …
Business
Sky News
‘Major step forward’ as national grid on track for ‘zero carbon’ periods by 2025
Great Britain’s national grid will start being powered free from fossil fuels by 2025, its operator has announced.A report from the National Grid Electricity System Operator (ESO) said by 2025 it will have transformed the way the electricity system operates, so that when there is enough zero-carbon generation available, it can deliver electricity to Great …
Business
Sky News
Ikea fined and ex-executive handed suspended jail term in spying case
The French subsidiary of Ikea has been fined €1m (£861,000) and a former executive handed a suspended jail term over accusations that employees were illegally spied on for many years.Following a trial, Ikea France was deemed guilty of improper use of personal data in a case that dates back to 2012 when allegations were first …
Business
Sky News
Ireland to impose tighter restrictions on British travellers amid Delta variant concerns
The Irish government is set to announce an increase to the self-isolation period for British travellers, going up from five days to 10.Under current rules, people arriving in Ireland from Britain must provide a negative PCR test result and then have to self-isolate at home, but can leave isolation after five days with a second …
Business
Sky News
PM hails ‘new dawn’ as UK and Australia agree trade deal – with Britons under 35 able to travel and work there more freely
The UK and Australia have agreed a free trade deal, the first agreement negotiated from scratch after Brexit.Boris Johnson said the tariff-free deal, which Downing Street said will see British cars, Scotch whisky and biscuits and ceramics become cheaper to sell, marked a “new dawn” in the UK’s relationship with Australia. The prime minister added: …
Business
Sky News
Premier League clubs report first fall in revenue due to pandemic
Coronavirus restrictions saw Premier League clubs report a fall in revenue for the first time, according to a report covering the 2019-20 season.Annual figures covering the 20 top-flight clubs’ performance off the pitch, produced by Deloitte’s sports business group, showed the lack of matchday spectators in the latter half as the pandemic first struck contributed …
Business
Sky News
Number of payrolled employees still 553k down on pre-pandemic level
The number of people in payrolled employment remains 553,000 down on its pre-pandemic level despite a widespread easing in coronavirus restrictions, according to official figures.The early data from the taxman, published by the Office for National Statistics (ONS), showed 197,000 more people were on Pay As You Earn (PAYE) in May compared with April as …
Business
Sky News
Sushi group YO! to change name ahead of float
The owner of the sushi restaurant chain YO! is changing its name to reflect the rapid growth of its US operations as it weighs plans for a stock market listing.Sky News understands that the group best-known in Britain for its sushi conveyor belts has appointed bankers at Numis to advise on its strategic options. The …
Business
Sky News
Serco sees profit boosted by more demand for Test and Trace services
Outsourcing giant Serco has upgraded its profit guidance as it sees more demand than it previously expected from its contract to run some of the government’s Test and Trace services.Shares rose 5% after the group said it now saw these services continuing for longer in the second half of the year than it had anticipated. …

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