A vial of a potential vaccine for coronavirus is pictured at Imperial College London. Reuters
A vial of a potential vaccine for coronavirus is pictured at Imperial College London. Reuters
A vial of a potential vaccine for coronavirus is pictured at Imperial College London. Reuters
A vial of a potential vaccine for coronavirus is pictured at Imperial College London. Reuters

UK government could use emergency powers to push through unlicensed vaccine


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The British government is preparing to invoke emergency powers to allow the use of a coronavirus vaccine for the public, even if it has not met EU licensing requirements, the i newspaper reported.

The UK would use its own emergency regulations to bypass EU law and roll out a vaccine for use if one became available before the end of the Brexit transition agreement on December 31.

A public consultation on the plans was due to close on Friday, and the government sought to calm fears that it would rush through an unsafe treatment.

It said the emergency authorisation of an unlicensed vaccine would only be given after regulators were convinced of its safety and effectiveness.

“A Covid-19 vaccine would only be authorised in this way if the UK’s licensing authority was satisfied that there is sufficient evidence to demonstrate the safety, quality and efficacy of the vaccine,” the consultation document read.

“This temporary authorisation process exists to address the possibility that, in certain situations of public health need, the licensing authority may consider that the balance of risk and benefit to patients justifies the temporary supply of the relevant vaccine pending the issue of a product licence.”

Britain has suffered one of the world’s most severe outbreaks of the virus.

Almost 385,000 cases of coronavirus have been reported since the pandemic took hold, and the country has registered more than 40,000 deaths from Covid-19.

After battling back a first wave of infections in the spring, cases are mounting again.

The government on Thursday announced strict new lockdown measures for parts of the country’s north-east in an effort to stave off rising infections.

Some two million people are affected by new the orders restricting social gatherings, including home visits.

The government is facing renewed criticism over its handling of the outbreak, with severe testing shortages in England drawing ire as infections climb.

The country reported a further 3,395 cases on Thursday. It was the sixth time in the past week that more than 3,000 cases had been reported.

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Who has lived at The Bishops Avenue?
  • George Sainsbury of the supermarket dynasty, sugar magnate William Park Lyle and actress Dame Gracie Fields were residents in the 1930s when the street was only known as ‘Millionaires’ Row’.
  • Then came the international super rich, including the last king of Greece, Constantine II, the Sultan of Brunei and Indian steel magnate Lakshmi Mittal who was at one point ranked the third richest person in the world.
  • Turkish tycoon Halis Torprak sold his mansion for £50m in 2008 after spending just two days there. The House of Saud sold 10 properties on the road in 2013 for almost £80m.
  • Other residents have included Iraqi businessman Nemir Kirdar, singer Ariana Grande, holiday camp impresario Sir Billy Butlin, businessman Asil Nadir, Paul McCartney’s former wife Heather Mills. 
Hunting park to luxury living
  • Land was originally the Bishop of London's hunting park, hence the name
  • The road was laid out in the mid 19th Century, meandering through woodland and farmland
  • Its earliest houses at the turn of the 20th Century were substantial detached properties with extensive grounds

 

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The Internet
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Company profile

Name: Dukkantek 

Started: January 2021 

Founders: Sanad Yaghi, Ali Al Sayegh and Shadi Joulani 

Based: UAE 

Number of employees: 140 

Sector: B2B Vertical SaaS(software as a service) 

Investment: $5.2 million 

Funding stage: Seed round 

Investors: Global Founders Capital, Colle Capital Partners, Wamda Capital, Plug and Play, Comma Capital, Nowais Capital, Annex Investments and AMK Investment Office  

Islamophobia definition

A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.

Match statistics

Dubai Sports City Eagles 8 Dubai Exiles 85

Eagles
Try:
Bailey
Pen: Carey

Exiles
Tries:
Botes 3, Sackmann 2, Fourie 2, Penalty, Walsh, Gairn, Crossley, Stubbs
Cons: Gerber 7
Pens: Gerber 3

Man of the match: Tomas Sackmann (Exiles)

UAE currency: the story behind the money in your pockets
Should late investors consider cryptocurrencies?

Wealth managers recommend late investors to have a balanced portfolio that typically includes traditional assets such as cash, government and corporate bonds, equities, commodities and commercial property.

They do not usually recommend investing in Bitcoin or other cryptocurrencies due to the risk and volatility associated with them.

“It has produced eye-watering returns for some, whereas others have lost substantially as this has all depended purely on timing and when the buy-in was. If someone still has about 20 to 25 years until retirement, there isn’t any need to take such risks,” Rupert Connor of Abacus Financial Consultant says.

He adds that if a person is interested in owning a business or growing a property portfolio to increase their retirement income, this can be encouraged provided they keep in mind the overall risk profile of these assets.