Latest on coronavirus in the UK, more job cuts and vaccine development
- British retailer Marks & Spencer could cut up to 950 management and administrative jobs to counter slumping profits and sales in the face of the coronavirus outbreak.
- In tourism, Beefeaters, the guardians of the Crown Jewels at the Tower of London, are facing redundancies for the first time because of plummeting number of visitors. Beefeaters are formally known as the Queen's Body Guard of the Yeoman of the Guard.
- On vaccine development front, early-stage human trials of a COVID-19 vaccine developed by Oxford University induced "strong antibody and T cell immune responses" against the novel coronavirus, The Lancet medical journal said. The phase I trial in healthy adult volunteers began in April.
- Meanwhile, British business ministry said on Monday that it has signed deals to secure 90 million doses of two possible COVID-19 vaccines from an alliance of Pfizer Inc and BioNTech, and French group Valneva.
- Prime Minister Boris Johnson said a successful vaccine was unlikely by the end of this year. "To say that I'm 100% confident that we'll get a vaccine, this year or indeed next year, is alas, just an exaggeration. We're not there yet."
Source(s): Reuters
,AFP