4 h. ago Merck scraps £1bn London expansion as report warns UK drugs sector ‘losing out’

UK pharmaceutical sector ‘risks losing investment to other countries’.

Events

13 h. ago UK pharmaceutical sector ‘risks losing investment to other countries’

The research indicated that UK pharmaceutical investment has underperformed against global trends since 2018.

Events

26 h. ago Wegovy maker Novo Nordisk to cut 9,000 jobs amid increased competition

Danish manufacturer of weight-loss and diabetes drugs under pressure from US rival Eli Lilly Business live – latest newsThe Danish maker of the weight-loss drug Wegovy and diabetes drug Ozempic is to cut 9,000 jobs as it issued a profit warning amid fierce competition from its US rival Eli Lilly.Novo Nordisk’s decision to cut 11% of its global workforce of 78,400 takes place as sales of Wegovy have slowed sharply as it has lost ground to Eli Lilly’s Mounjaro jabs, as well as cheaper versions by generic drugmakers, and the pharmaceutical sector faces the threat of targeted US tariffs. Continue reading...

Politics

2 w. ago Garage staff tried to stop petrol thief so he threatened to stab them with a screwdriver

One said later that if the same thing happened again he wouldn't challenge a driver stealing petrol as 'I would rather lose out on wages than risk my life'

Events

2 w. ago Streeting vows not to let drug firms ‘rip off’ taxpayers after pricing row

The Health Secretary on Friday left talks with the pharmaceuticals sector after both sides failed to agree changes to a drug pricing deal.

Economics

3 w. ago In Norway we see ourselves as ethically virtuous – so why is our oil wealth enabling genocide? | Sindre Bangstad

With an election looming, will politicians finally listen to the majority of citizens, who want to divest from Israeli arms companies?Oil has made Norway extremely rich. We have the world’s largest sovereign wealth fund, which was established with petroleum revenues in 1990. Headed by the wealthy banker and art investor Nicolai Tangen, the Government Pension Fund Global (GPFG), has a current value of more than 20 239bn Norwegian kroner (£1.4tr). With holdings in about 8,500 companies in 69 different countries, it is the largest single investor in the world.Norway also purports to have a human-rights-based foreign policy, and the sovereign wealth fund is supposed to adhere to a set of ethical guidelines. Companies may be excluded if there is a risk that they contribute to or are responsible for serious human rights violations, or are involved in the sale of weapons to states that violate international law in armed conflicts. A Council on Ethics makes recommendations about exclusions ...

Politics

3 w. ago Super slimmer set to wed after shedding half his body weight to save his life

Andy Duff was warned that if he didn’t lose weight he risked dying within a year.

Politics