Germany hits back at US patent waiver proposal for Covid-19 vaccines May 7, 2021 Germany has rejected the Covid-19 vaccine patent proposal today, urging that production capacity is key to boosting vaccine output. The country’s health minister said the primary challenge to increasing production volumes of vaccines is quickly and effectively transferring technology. “The main issue is not patent protection but production capacity,” Jens Spahn, said at a news [...]
Nicola Sturgeon’s SNP expected to emerge again as largest party in Scotland May 7, 2021 Scottish National Party leader Nicola Sturgeon’s is expected to emerge again as the largest party in the Scottish Parliament after the election, but it wants to win an overall majority of MSPs as it pushes for a second independence referendum – something polls suggest remains in the balance. Results are expected to be announced today [...]
Mixed mood among voters as Londoners go to the polls: ‘The City needs to be reborn’ May 6, 2021 Londoners are flocking to polling stations across the capital today to decide on their next mayor. Frontrunner Sadiq Khan said this morning that the election was “going down to the wire” and called it a two-horse race between himself and Conservative candidate Shaun Bailey. In the City, the mood was mixed. Insurance broker Trevor McGarry, [...]
Mayor of London election: What did the candidates say about Canada? May 6, 2021 Londoners are heading to the polls today to decide who their next mayor will be. The pandemic has been particularly hard for the City, with workers, tourists and other visitors vanishing as lockdowns were imposed. Shops, restaurants, and pubs all had to pull their shutters down and offices emptied. Let’s take a look at what [...]
Crunch time for Mayor of London candidates as polls across the capital open May 6, 2021 Today is the day that Londoners will visit polling stations across the capital to vote for the next Mayor of London. Polling stations are open from 7am to 10pm and if you are in the queue at 10pm, you will still be able to vote. The count will begin tomorrow at 9am and continue throughout [...]
Editorial: London has deserved more from an insipid Mayoral contest May 5, 2021 It is fair to say the year-long delay to the London Mayoral election has not increased the appetite for it. Nor have the last few months been a vintage political campaign of sharp differences, eye-catching promises and grand visions for the future. That’s a shame. London is a global city and will reinvent itself post-pandemic. [...]
Mayoral Election: Sadiq Khan primed for a second term with odds 1/50 May 5, 2021 Looking at the odds, Ladbrokes has found that Sadiq Khan appears to be the bookies next Mayor of London, once again. The Labour candidate looks primed for a second term in City Hall with odds at an eyewatering 1/50, as his closest rival Shaun Bailey staggered behind at 25/1. No amount of money looks enough [...]
Janet Yellen denies predicting rate hikes after comments roil Wall Street May 5, 2021 US Treasury Secretary Janet Yellen has downplayed comments that rate hikes may be needed to stop the economy overheating as Joe Biden’s spending plans boost growth. Yellen yesterday said that she sees no inflation problem brewing, after her previous comments deepened a sell-off in tech stocks and pushed longer-dated Treasury yields higher. What has Yellen [...]
Sir Martin Sorrell: ‘Chickens will come home to roost’ with post-Covid tax hikes May 4, 2021 Tax rises are inevitable in order to tackle spiralling pandemic-driven public debt across the world, Sir Martin Sorrell has warned. The S4 Capital advertising mogul told City PM that while he expected strong economic growth this year and in 2022, “at some point the chickens do have to come home to roost”. Sorrell said he [...]
S4 Capital hikes profit forecast after strong first quarter May 4, 2021 Sir Martin Sorrell’s S4 Capital today lifted its revenue and profit targets for the full year after posting another quarter of rapid growth. The digital advertising firm reported revenue of £122m in the first three months of the year, up 35 per cent on the same time last year. Gross profit grew by a third [...]
