
08 December, 2020
V Day arrives
The 1-minute read to get the money news you need.
Patient A gets vaccine
90-year old grandmother Margaret Keenan has become the first person in the world to be immunised against coronavirus. Dubbed “Patient A”, she received the Pfizer/BioNTech jab in a Coventry hospital this morning, after the UK became the first country to approve it. It’s the start of a massive vaccine rollout that should help life get back to normal in 2021.
Uber sells self-driving cars
Uber has abandoned plans to build its own autonomous vehicles. It’s selling its self-driving car venture to another company, Aurora, in order to focus on profits. Uber says it plans to work with Aurora to roll out autonomous rides when the tech is ready.
Lottery age to rise
From next October, there’ll be no more scratch cards in 16th birthday cards - you’ll have to be 18 to play the National Lottery. It’s part of a government crackdown on gambling, which also includes plans to limit online stakes and restrict the ways gambling is advertised.
Airbnb going public
Airbnb is prepping to make its shares public* on Thursday, in an Initial Public Offering (IPO) worth $42 billion. It’s set to be one of the biggest IPOs of the year, following a last-minute boost to its valuation. That's in spite of 2020’s setbacks for the travel industry.
Ikea catalogue retires
After a 70-year career, Ikea’s iconic catalogue is going out for the last time. At its most popular, the catalogue had a bigger circulation than the Bible. But now, demand has fallen with more customers browsing online instead.