As the CBI downgrades next year’s economic growth forecast and an interest rate rise now looks more doubtful, we’re starting to see some other situations in a different light. While Omicron is forecast to be Britain’s dominant COVID-19 strain within weeks, tomorrow’s new travel rules are said to be too late to stop the wave and a top scientist says the UK has squandered its progress on tackling the pandemic. The scientist behind Oxford University’s vaccine is warning that the next pandemic could be ‘more contagious’ and ‘more lethal’ than the current one.
PRESSING AHEAD REGARDLESS
Corporates are busy doing deals, with Edison client Marshall Motor Holdings recommending a £325m takeover by Constellation Automotive, London Stock Exchange Group paying up to £274m for Quantile Group and Irn-Bru maker AG Barr swallowing porridge manufacturer Moma Foods. As advertising group WPP buys a design agency to ‘raise the bar’ for creativity, media giant Discovery is said to be muscling in on the sale of BT Sport. CVC is said to be plotting an £11bn flotation, while fellow private equity group Blackstone is now the world’s biggest warehouse landlord. In this Edison executive interview, you can learn how our client Doctor Care Anywhere envisages the building of a healthy digital healthcare ecosystem and sign up for Wednesday’s webinar on the subject. The FTSE All Share is motoring ahead.
CHANGING OUR WEATHER
Although some horizons don’t seem to have changed, with research showing that Britain’s gender pay gap has barely budged over the last 25 years, there’s ‘blue-skying’ in China, with the nation modifying the weather for a political celebration, and reassurance from meteorologists that snow in Hawaii is perfectly normal. Californian vineyards are turning smoke-tainted grapes into smoky vodka. Banksy is pledging millions to help transform the prison where Oscar Wilde was incarcerated.
GIVING CREDIT WHERE IT’S DUE
This amateur photographer got a boost when one of his Instagram snaps was identified as a new species of snake. And this mountaineer has finally been given jewels he found on a French glacier from a plane that crashed 50 years ago.