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The US government said overnight that it will not participate in a global initiative to develop, manufacture and equitably distribute a vaccine for Covid-19 due to the World Health Organization’s involvement.
Car dealer Pendragon said it was targeting full-year profits of up to £90m by mid-decade as it looked for more cost cuts across the group amid the coronavirus crisis.
Full year profits at house builder Barratt almost halved and a special dividend scrapped as the coronavirus lockdown hits sales in the fourth quarter, although it reported a sharp rise in completions in the new year as restrictions were eased.
