It’s one of the front-runners in the fight against coronavirus , and now Moderna’s coronavirus vaccine is starting to be tested in teenagers. The pharmaceutical giant has announced that the first adolescent participants have been dosed in the Phase 2/3 study of its Covid-19 vaccine, called mRNA-1273. Teens aged 12-17 will receive the vaccine as part of the trial. Stephane Bancel, CEO of Moderna, said: “We are pleased to begin this Phase 2/3 study of mRNA-1273 in healthy adolescents in the U.S. “Our goal is to generate data in the spring of 2021 that will support the use of mRNA-1273 in adolescents in advance of the 2021 school year. “We are encouraged by the interim and primary analyses of the Phase 3 COVE study in adults ages 18 and above and this adolescent study will help us assess the potential safety and immunogenicity of our COVID-19 vaccine candidate in this important younger age population. “We hope we will be able to provide a safe vaccine to provide protection … [Read more...] about Covid vaccine: Moderna has started testing its jab in kids aged between 12 and 17
New auto enrolment pension rules
Here are the key points from Chancellor Rishi Sunak's budget speech: • Economy expected to return to pre-COVID levels by the middle of next year, six months earlier than previously thought • GDP growth forecast for this year downgraded to 4% (from 5.5%) according to Office for Budget Responsibility • Unemployment expected to peak at 6.5% • Forecasts show government borrowing reaching £355bn in 2020/21, of 17% of the national income - the highest level since the Second World War. For 2021/22 it climbs to £234bn, 10.3% of GDP. • Debt is set to peak at 97.1% of GDP in 2023-24. • An additional £65bn in spending in response to coronavirus takes total fiscal support to £407bn • £1.6bn will go towards continuing the vaccine roll-out and improving future preparedness • Chancellor confirms furlough scheme will be extended until the end of September, with the government paying 80% of salary though employers will asked to put in 10% from July and 20% from August • Help for … [Read more...] about Budget 2021 key points: What was announced in Chancellor Rishi Sunak’s speech?
Rishi Sunak today presented yet another £65billion of Covid support in his annual Budget. The Chancellor extended most schemes until September and gave businesses another shot in the arm as they wait for a vaccine. But all that help comes at a cost, and we're not just talking about a hike in Corporation Tax. A stealth tax hike on working Brits will raise £8bn a year and schemes could run out in September while 2million are still furloughed. The Budget speech is always a triumphant affair, burying the awkward details to a few lines or none at all. To get a real feel for what's going on, you must read the hundreds of pages of documents slipped out when the Chancellor sits down. We're still trawling through the mammoth pile of Budget documents, including analysis from the Office for Budget Responsibility watchdog (OBR). But here are the biggest surprises in the small print that have leaped out at us so far. 1. NHS spending overall looks set to be cut Rishi Sunak said … [Read more...] about Budget 2021: 11 surprises hidden in the small print from ‘NHS cut’ to Brexit