US firm ThermoFisher says it can supply UK with 100,000 COVID-19 test kits per day

The Government’s target of 100,000 coronavirus tests per day could be hit by a single company which will make tests in the UK, the firm claims. Thermo Fisher Scientific, a company based in the US state of Massachusetts, said it has the capacity to supply all of the 700,000 tests per week. It will work … Read more

FTSE LIVE: UK manufacturing slides to 7-year low; Channel tunnel firm ‘ready’ for Brexit

FTSE CLOSE: UK manufacturing slides to seven-year low; Channel tunnel firm ‘ready for a no-deal Brexit’; US-China trade war escalates Channel tunnel operator GetLink insists it is ‘ready for a no-deal Brexit’ There was a marked escalation in the US-China trade war overnight The latest UK manufacturing figures show activity slid to a 7-year low … Read more

Jacob Rees-Mogg’s firm is accused of profiteering from coronavirus economic crisis

Jacob Rees-Mogg’s investment firm is accused of exploiting worldwide market volatility caused by the coronavirus panic to rake in huge profits.  The MP owns 15 percent of Somerset Capital Management, whose chiefs appear to be investing in businesses hit hard by falling stocks. Executives have told clients the international crisis is providing a ‘once in … Read more

MIDAS SHARE TIPS UPDATE: Water firm Severn Trent stays liquid through pandemic

MIDAS SHARE TIPS UPDATE: Water firm Severn Trent stays liquid through pandemic By Joanne Hart, Financial Mail on Sunday Published: 21:57 BST, 4 April 2020 | Updated: 21:57 BST, 4 April 2020 Hygiene has become a central plank in the fight against coronavirus and Government initiatives seem to be bearing fruit.  Severn Trent supplies more … Read more

Boss of children’s clothes firm loved by Royals blasts rivals

How on earth does a business survive a countrywide lockdown if most of its income comes from shoppers wandering in off the high street and busy warehouses shipping clothes to internet customers?  That’s the brutal question facing thousands of clothing retailers, from major names such as Next to independent boutiques, as they scramble to tap … Read more

‘Insurance’ firm Home and General billed my in-laws twice for the same TV

My in-laws in their 80s were cold called and sold £250 of insurance for the same TV twice by the same company under different names A reader told us a firm named Home and General called his in-laws twice They used the same phone number but the name of Cover Utilities He said: ‘How can … Read more

Life after Sir Martin Sorrell sees WPP seek buyer for its £3bn market research firm Kantar 

STOCK MARKET WATCHLIST: Life after Sir Martin Sorrell sees WPP seek buyer for its £3bn market research firm Kantar By Edited By Jamie Nimmo For The Financial Mail On Sunday Published: 21:48 BST, 13 April 2019 | Updated: 10:13 BST, 15 April 2019 WPP’s post-Sorrell clear-out kicks off in earnest this week. The advertising giant … Read more

Coronavirus unit’s cleaning contract given to firm underpaying staff at NHS hospital

Cleaning contract for emergency coronavirus field hospital at London’s ExCel Centre is handed to private firm accused of not paying staff Outsourced cleaning firm ISS have received the contract at the coronovirus unit The firm has been accused of not paying staff at University Hospital Lewisham  Union GMB said the private firm took over the … Read more

US biotech firm wants to test its pneumonia treatment in COVID-19 patients

A New Jersey biotech firm believes its drug could help save the lives of the sickest coronavirus patients.  BioAegis Therapeutics has been testing a protein called gelsolin to treat pneumonia.  Gelsolin exists naturally in the human body and helps to combat inflammation like that seen in critically ill and dying coronavirus patients.  In early stages, … Read more

Dutch firm creates new coronavirus test that gives results in just 15 minutes

A Dutch firm has created a new coronavirus test that can give results in just 15 minutes in the same fashion as a pregnancy stick. Sensitest’s blood test, manufactured in China, detects antibodies that signal the body is fighting the deadly infection. It is not able to spot the virus in its early stages, but … Read more