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Hot Off The Wires - 25th February 2021

News


  • Brussels risks causing a “very serious escalation” of tensions between Britain and the EU if it attempts to prise away a lucrative corner of London’s financial services market, the Bank of England governor Andrew Bailey has warned.

  • A single-dose Covid-19 vaccine made by Johnson & Johnson is set to receive approval in the US as soon as tomorrow after proving safe and effective in trials.

  • Households are reluctant to spend the savings they built up during lockdown and this could weigh on the economic recovery, according to members of the Bank of England’s monetary policy committee.

  • Ikea’s UK business dived nearly £33 million into the red last year after it was forced to close stores for nearly three months during the pandemic.

  • Packaging and paper group Mondi is considering a bid for rival DS Smith in what would be one of the largest deals in the UK this year.


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Trivia


A team has had a completely-perfect season only once in the history of the NFL. What year did this occur in?


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