Government ‘significantly underestimating’ airport testing effectiveness, new study finds October 22, 2020 New independent analysis has emerged which calls into question the government’s claim that airport testing for coronavirus will only detect seven per cent of cases. The research, from consultancies Oxera and Edge Health, along with Dr Kit Yates from the University of Bath, says that the methodology used by Public Health England (PHE) was flawed. [...]
Healthcare firm unveils £10 rapid Covid-19 test for back to work push October 22, 2020 A private healthcare firm has unveiled a new low-cost Covid-19 test that it says could help get Brits back to work safely, though scientists have warned more development is needed. The finger-prick test returns results in 10 minutes and is priced from just £10. As well as checking for a Covid-19 infection, it can detect [...]
CBI: Decline in UK manufacturing slowed in October but activity still weak October 22, 2020 UK manufacturing activity continued to decline in the three months October but fell at their slowest pace since March despite a resurgence in coronavirus cases, a new survey showed. Output dropped in 10 of the 17 manufacturing sub-sectors monitored by the CBI’s industrial trends survey, with the aerospace sector leading the drop as the pandemic [...]
Breaking: Test and trace system reaches fewer than six in ten ‘close contacts’ October 22, 2020 Breaking: Test and trace system reaches fewer than six in ten 'close contacts'
Payouts from government’s Covid-19 lending programmes hit £62bn October 22, 2020 The total value of loans paid out under the government’s coronavirus business lending schemes hit almost £62bn last week, new data showed. UK banks had lent a total of £61.9bn to businesses struggling with the impact of the Covid-19 pandemic as of 18 October, up from £57.3bn the previous month, according to figures from the [...]
British Airways owner IAG nosedives into €1.3bn pandemic loss and cuts flights over winter October 22, 2020 British Airways owner IAG nosedives into €1.3bn pandemic loss and cuts flights over winter
Daily Mail owner raises profit outlook following spike in advertising revenue October 22, 2020 The Daily Mail and General Trust (DMGT) has raised its full-year profit outlook following a strong hike in advertising revenue, after formally suspending guidance in the initial outbreak of the pandemic. DMGT today said it expects group adjusted revenue for the year to be in the region of £1.205bn to £1.215bn, with adjusted operating profit [...]
Rentokil boosts revenue on disinfection sales during pandemic October 22, 2020 Rentokil’s revenue climbed almost 10 per cent in the third quarter, after strong demand for its hygiene and disinfection services helped offset a slump in pest control sales, and boosted its full-year outlook. The figures The Camberley-based ratcatchers saw ongoing group revenue climb 9.8 per cent to £754.6m in the third quarter. The group said [...]
Oxford coronavirus vaccine trial to continue despite participant death October 21, 2020 Trials of Oxford University and Astrazeneca’s [LON:AZN] coronavirus vaccine will continue despite the death of a participant in Brazil. A spokesperson for the university said that a review of the death had not revealed any safety concerns. “Following careful assessment of this case in Brazil, there have been no concerns about safety of the clinical [...]
Take a break in Sweden’s magical Arctic Bath Hotel October 21, 2020 Sweden is currently in the UK’s travel corridor “green list”, meaning you can travel without having to self-isolate for two weeks when you return. So why not venture into the wilderness of Swedish lapland to forget about the woes back home, staying in Arctic Bath, one of the world’s most unique hotels. The weekend Set [...]