The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Within hours of the UK announcement, the Netherlands said it would ban all passenger flights from the UK from 06:00 (05:00 GMT) on Sunday until 1 January.
Pending "greater clarity" on the situation in the UK, the Dutch government said that further "risk of the new virus strain being introduced to the Netherlands should be minimised as much as possible".
It also said it would work with other European Union member states in the coming days to "explore the scope for further limiting the risk of the new strain of the virus being brought over from the UK".
Belgium is suspending flights and train arrivals from the UK from midnight (23:00 GMT) Sunday. Prime Minister Alexander De Croo told Belgian television channel VRT the ban would be in place for at least 24 hours and "is a precautionary measure", adding "we will see later if we need additional measures".
Meanwhile, Italy's Foreign Minister Luigi Di Maio said on his Facebook page that the government was about to sign a measure to suspend flights from the UK.
In Germany, a health ministry official told AFP news agency that the government was also considering banning flights from the UK, and South Africa, where the variant has also been detected.
The official said the German government was monitoring developments in the UK and working at "high pressure" to evaluate the new information and data regarding the new variant.
Covid: Italy, Belgium and Netherlands ban flights from UK over variant
Published24 minutes ago
I don't lose on my investments. Leave this to others!
India would have the third biggest economy in the RCEP. Analysis. https://timesofindia.indiatimes.com/business/india-business/why-india-opted-out-of-worlds-biggest-trade-deal-signed-today/articleshow/79230628.cms
Read more at:
http://timesofindia.indiatimes.com/articleshow/79230628.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
Re: https://news.sky.com/story/covid-19-new-coronavirus-strain-spreading-faster-than-previous-variant-government-scientists-warn-ministers-12166858
Boris Johnson is holding talks with his Cabinet this lunchtime amid warnings from scientists over the new strain of COVID-19 and surging infections.
Government advisers have warned ministers they believe the new variant of COVID-19 spreads more quickly than previous strains, and that relaxations in public attitudes risk offsetting the benefits of the vaccination rollout over the course of the coming months, Sky News understands.
It is expected the SAGE advisory group will be convened on Monday to work up a series of recommendations for how Tier 3 restrictions could be strengthened in light of the increased transmissibility of the new strain.
But according to reports in the Telegraph and The Sun, senior ministers met late into the night on Friday to discuss whether action may need to be taken more swiftly.
COVID-19: Should we be worried about coronavirus mutating - and could it affect the vaccine?
COVID-19: Should we be worried about coronavirus mutating - and could it affect the vaccine?
Both newspapers suggest this could include travel restrictions being imposed on the South East and London, with a news conference to announce such measures potentially coming as early as Saturday. Enjoy!
A Rolls-Royce site threatened with job cuts should be repurposed to produce nuclear reactors to ensure jobs are saved, a council has said.
Lancashire County Council has called on the government to help save almost 500 jobs at risk at Barnoldswick.
Engineering giant Rolls-Royce said the plant would still have employees under current plans.
The government said it was working with the company to ensure "its continued investment in the UK".
Labour opposition leader, councillor Azhar Ali, who raised the motion at a full council meeting, said: "This is not just about jobs in Barnoldswick, but the heart and soul of manufacturing in Lancashire.
"The supply chain will haemorrhage possibly thousands of jobs as a result of the action Rolls-Royce are taking."
He has called for a meeting between the prime minister, local authority leaders, company bosses and union officials to discuss the proposal.
In August, Rolls-Royce announced plans to move some of its jet engine fan blade production to Singapore and cut 350 jobs , and another 140 roles are under threat with the transfer of work on aero-engine structures to a Spanish company.
"The solution is already there, repurpose the factory over a transition period to become a training centre and a centre of excellence for manufacturing of components for [those reactors]," Mr Ali said. All as a result of RR losses and burning 1 billion cash every month.
Probably need an additional rights issue and to watering down RR share value? Let's hope it doesn't need that!
It's one big sale of £20,000,000! Not chicken feed is it?
20 million quids worth sold as FTSE CLOSED today. That's a lot of lost confidence in this share.
Is someone ramping again.
The tender closed in November this year. And therefore you cannot bid any further.
This test was closed on Status and not cancelled by the department of health.
This tender exercise is closed. It has been and gone. Why say it anything else like cancelled.
The specified contract end date is 31 Mar 2021.
History
18 Nov 2020 - Contract Addendum Notice
09 Nov 2020 - Tender Notice
Gone down to 106!
Genuine question are Aston Martin making a F1 Car for the next racing season? Because I've not heard of one yet.
Ars and shadow are in good condition company - both know how to RAMP!
They are today's date - Class clown, don't be so ignorant!
Shadow seems a real know it ALl. But knows nothing totally ignorant of what he's doing except ramping!
There are too many idiots on this BB who won't take any advice from anyone. It's such a pitty they will never learn. Always caught with their pants down!
Have some respect for Yahoo finance etc - moron!
Sarah Young and Tim Hepher
LONDON/PARIS (Reuters) - Rolls-Royce may be the jewel in Britain's industrial crown, but the coronavirus crisis has left the engine-maker facing one of the toughest challenges in its 114-year history.
The Airbus and Boeing supplier bought itself time by raising 5 billion pounds ($6.8 billion) to survive the global grounding of planes, but is warning that 2020 will be even worse than expected.
Before it secured extra funds in November, analysts had raised the possibility that the maker of powerplants for British nuclear submarines might need to be saved by the state.
And Prime Minister Boris Johnson sought to allay concerns last month, saying the government would work with Rolls to ensure its long-term future as a "great, great British company" after credit agencies cut its debt rating to "junk".
As one of only four major aero engine-makers globally, Rolls symbolises British industrial interests at a crucial time for a country trying to assert its place in a post-Brexit world and dogged by uncertainty over future trade relations.
But existing concerns over a long-running problem with engine blades have been compounded by worries over Rolls' finances, which represents a significant stumbling block in an industry where airlines sign decade-long agreements.
With many airlines only paying when they fly, Rolls' future depends on the recovery of engine flight hours on widebody intercontinental jets, and convincing its airframer partners and airline customers that its problems are behind it.
Both have fretted about one of the industry's key suppliers during the crisis, several industry executives told Reuters.
"When you buy an airplane it is for many years. If the engine manufacturer disappears or changes shape, that can hurt the (future) value," one airline executive said.
The problems are particularly unsettling for Airbus, which depends on Rolls for all wide-body jets after the A380's
New news!
Pandemic tests Rolls-Royce resilience after prolonged engine trouble.
https://uk.finance.yahoo.com/news/pandemic-tests-rolls-royce-resilience-060711248.html
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Expert panel votes FDA SHOULD give Moderna's COVID-19 vaccine emergency approval amid hopes the U.S will soon have a second shot to help get 20 million Americans vaccinated by the end of 2020
A panel of FDA experts voted that the agency should approve Moderna's coronavirus vaccine and recommend whether the shot should be approved
With their endorsement, Moderna's shot will almost certainly get emergency approval tonight or tomorrow
Two people in Moderna's trial had severe allergic reactions: one who got a placebo, and a vaccine recipient who had anaphylactic shock 63 days later
Moderna determined neither were linked to the shot, and allergic reactions are generally immediate, not months later
Two Moderna trial participants who got the injection developed facial swelling
They both had dermal fillers, and one had had the reaction to another vaccine