A day of good news yesterday has been tempered this morning by a record rise in redundancies in the three months to the end of September.
We heard yesterday that a Covid-19 vaccine with more than 90% efficacy should be available within weeks, while rapid airport testing could reduce quarantine periods as early as December.
Stock markets leapt at the news, with the owner of British Airways, IAG, rising 40%, Carnival Cruises up 39%, Expedia up 25% and the Cineworld cinema chain up 50%.
The need for a vaccine was made clear this morning with news from the ONS that employment in the UK fell by 247,000 in Q3.
News from the Brexit talks is that negotiations are continuing and while sticking points remain on key issues, civil servants are quietly writing out the agreements that have been already made, in preparation for publication.
The Government’s controversial Internal Markets Bill, which attempts to overrule parts of the Withdrawal Agreement, was defeated in the House of Lords.
In the US, President Elect Biden’s transition team has started work, even as the Trump team claim to be preparing lawsuits alleging voter fraud.
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