AstraZeneca lost £21 BILLION in profits from selling Covid vaccine cheaply… but the firm ‘wouldn’t do it again’ after attacks from EU over supply issues AstraZeneca sacrificed more than £21bn of revenue with its Covid-19 vaccine The pharmaceutical giant offered its vaccine at a cost of just £3.60 a dose The company has been criticised … Read more
AstraZeneca lost £21 BILLION in profits from selling Covid vaccine cheaply… but the firm ‘wouldn’t do it again’ after attacks from EU over supply issues AstraZeneca sacrificed more than £21bn of revenue with its Covid-19 vaccine The pharmaceutical giant offered its vaccine at a cost of just £3.60 a dose The company has been criticised … Read more
Cineworld shares bombed after it laid bare the effect of months of closures and delayed blockbuster releases since coronavirus struck. The cinema chain, which has 9,300 screens at 767 theatres worldwide, swung to a £2.2billion loss in 2020, down from a profit of £155million the year before. It makes about three-quarters of its sales in … Read more
As the global economy accelerates out of a pandemic-induced slump and to a greener future, there is one thing it is likely to need: metals. They are required in industry and manufacturing, while some are essential for green technology. Such demand is the prime reason why investment house Amati Global Investors has just launched its … Read more
Lego unveils global expansion on the back of record £1.1billion profits amid the pandemic as adults and children stock up on building blocks to burn time spent under Covid lockdown Danish toy giant announced 19% rise in profits to 9.9 billion kroner (£1.1 billion) Revenue spiked by 13 per cent in 2020 to 43.7 billion kroner (£5 … Read more
David Britton is a tax partner at accountancy and business advisory firm BDO With the value of some cryptoassets, most notably Bitcoin, rising significantly over the last few months, it is inevitable that people will be curious about the tips and traps when investing. There was a popular misconception that the profit or gains arising … Read more
BUSINESS LIVE: Halfords predicts big profits; Online grocery sales boom; TRG warns of £5.5m monthly cash burn By This Is Money Published: 08:07 GMT, 1 March 2021 | Updated: 09:24 GMT, 1 March 2021 Halfords is on course for profits of £90million to £100million after the pandemic created a boom in cycling among Britons and … Read more
Profits fall at RSA Insurance as it prepares to be broken up and sold By Daily Mail City & Finance Reporter Published: 21:52 GMT, 26 February 2021 | Updated: 21:58 GMT, 26 February 2021 Profits have fallen at RSA Insurance as it prepares to be broken up and sold. The UK group said profits in … Read more
Lloyds Bank’s annual profits plunge by 72% to £1.2billion amid fall in household spending during Covid pandemic By Mark Duell for MailOnline Published: 07:26 GMT, 24 February 2021 | Updated: 07:26 GMT, 24 February 2021 Lloyds Banking Group said its pre-tax profit fell by 72 per cent to £1.2billion in 2020 after it booked big … Read more
British American Tobacco becomes latest firm to hike its dividend after posting a 10% rise in annual profits By Daily Mail City & Finance Reporter Published: 22:04 GMT, 17 February 2021 | Updated: 22:04 GMT, 17 February 2021 British American Tobacco (BAT) is the latest firm to hike its dividend after a 10 per cent … Read more