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London reproduces the polio virus! R&F invested £772 million to "kill" London

author:British Property Circle

Follow the real estate jun, let's take a look at what is worth paying attention to today in the UK:

  • The UK health department recently said that the virus causing polio was found in a large number of sewage samples in London, which is also the first time in nearly 40 years that the virus has re-landed in the UK. It is reported that the virus spreads among individuals closely related to London ...
  • The new Moderna "special effect" COVID-19 enhancement vaccine is capable of producing a stronger immune response to the Omicron variant, as well as a strong immune response to BA.4 and BA.5...
  • Today, the UK will continue to usher in the second rail strike of the week, with only 20% of rail services able to operate, and public transport including London Intercity Rail will also be affected...
  • The UK government will work with Boston-based Moderna to sign a £1 billion programme to build the uk's first mRNA vaccine manufacturing centre in a quest to become a leader in tackling future pandemics...
  • The Bank of England has released news that the UK will retire the £20 and £50 notes by the end of September, and that in the future, these banknotes will be replaced by plastic versions...
  • Chinese developer Guangzhou R&F has once again "killed" London, raising £772 million to restart London's £1 billion One Nine Elms project...

【Poliovirus found in London】

The UK health department recently said that the virus causing polio was found in a large number of sewage samples in London, which is also the first time in nearly 40 years that the virus has re-landed in the UK.

London reproduces the polio virus! R&F invested £772 million to "kill" London

The poliovirus can cause polio, an acute infectious disease that can seriously endanger children's health, also known as polio. Patients are mostly children under 6 years of age, with the main symptoms including fever, general malaise, and, in severe cases, limb pain and muscle stiffness, and in the worst cases, paralysis or death.

London reproduces the polio virus! R&F invested £772 million to "kill" London

Polio was common in the UK in the 1950s, when the last case appeared in 1984 and was completely eliminated in 2003.

London reproduces the polio virus! R&F invested £772 million to "kill" London

But just this week, experts have repeatedly detected the polio virus at London's Beckton wastewater treatment plant, which covers 4 million people in north and east London.

London reproduces the polio virus! R&F invested £772 million to "kill" London

The UK Health Safety Agency (UKHSA) says this is the first time a set of genetically linked samples has been repeatedly found over several months. This suggests that there may be transmission between closely related individuals in London.

But to date, no actual cases of polio have been found in the UK, and no rare or severe symptoms have been reported.

Health authorities have now declared a nationwide incident and have informed the World Health Organization (WHO).

London reproduces the polio virus! R&F invested £772 million to "kill" London

As for the reason for the emergence of the virus, the UKHSA believes it may have been brought to London by people who were recently vaccinated against live polio (OPV) overseas. The vaccine has been discontinued in the UK since 2004.

In rare cases, the virus in a live oral polio vaccine can spread and get rapid mutations that make them as contagious and toxic as "wild-type" strains.

The UKHSA said the current risk of the virus was low but parents should make sure their children were fully vaccinated.

London reproduces the polio virus! R&F invested £772 million to "kill" London

As part of a routine childhood vaccination programme, the UK uses inactivated polio vaccine. Children are vaccinated three times before the age of one, followed by another dose at the age of three and fourteen.

Currently, the rate of vaccination of the first three doses in the UK is over 92%, but in London, the rate of vaccination of the first three doses is around 86%.

[Omicron 'special vaccine' is effective for new variants]

Vaccine maker Moderna said the company has developed a new "specific" COVID-19 booster vaccine that is capable of producing a more robust immune response to the Omicron variant than previous vaccines.

London reproduces the polio virus! R&F invested £772 million to "kill" London

The new vaccine is a bivalent vaccine that is designed for two different variants of the new coronavirus, including the original strain of COVID-19 and the Omicron variant that spread widely last winter.

Preliminary clinical data suggest that it increased antibody levels against the Omicron variant by a factor of eight.

At the same time, the vaccine also has a strong immune response to the rapidly spreading Omicron sub-variants BA.4 and BA.5. These two sub-variants have led to a recent surge in cases in the UK.

London reproduces the polio virus! R&F invested £772 million to "kill" London

While the vaccine responds weakly to BA.4 and BA.5 than to BA.1 sub-variants, the data suggest that this new vaccine may produce "lasting protection against the entire family of Omicron variants."

Paul Burton, Moderna's chief medical officer, said the new vaccine could be a "turning point" in the fight against the coronavirus.

As Moderna launches a new vaccine, the NHS uk is urging hundreds of thousands of eligible people to receive a fourth dose of the COVID-19 booster vaccine.

London reproduces the polio virus! R&F invested £772 million to "kill" London

Currently, more than 5 million people in the UK are eligible for a fourth dose, they are the elderly over 75 years old, the elderly in nursing homes, people aged 12 and over with a weak immune system, but at present, there are still nearly 250,000 people who have not yet been vaccinated.

The NHS said the recent rise in COVID-19 infection levels in England showed that timely vaccination was essential.

According to the latest data from the Office for National Statistics (ONS), in the week ended June 11, 1 in 50 people in England were infected with COVID-19, and about 1.1 million people were infected.

London reproduces the polio virus! R&F invested £772 million to "kill" London

Scotland has the highest infection rate (1 in 30), followed by Northern Ireland and Wales (both in 1 in 45).

【Railway strike continues】

After failed talks on the strike, today, the UK will continue to usher in a second rail strike of the week.

London reproduces the polio virus! R&F invested £772 million to "kill" London

Thursday's strike will have a similar impact to Tuesday's, with only 20 percent of rail services able to operate. And this Saturday, there will be another railway strike in the UK.

In London, there was no strike on the tube network, but operator TFL warned that some services, including london's intercity rail London Overground, would be disrupted.

London reproduces the polio virus! R&F invested £772 million to "kill" London

Meanwhile, the MET Office has issued a yellow warning for thunderstorms for much of southern England, which could make travel more difficult.

Since Tuesday, there has been an unprecedented disruption to transport in the UK due to the impact of the strike, with no rail service at all in many areas. Although Wednesday is not a strike day, only about 60% of the services are still functioning properly.

【Moderna to build vaccine manufacturing center in the UK】

According to media reports, the UK government will work with Boston-based Moderna to sign a £1 billion plan to build the first mRNA vaccine manufacturing centre in the UK in a bid to become a leader in tackling future pandemics.

London reproduces the polio virus! R&F invested £772 million to "kill" London

The UK government aims to secure a localized supply of mRNA technology, which has proven to be a key weapon in the fight against COVID-19 and is expected to change the way other diseases such as cancer are treated.

Once completed, the centre could be located in an area of the "Golden Triangle" between London, Oxford and Cambridge, and is expected to produce up to 250 million doses of vaccines a year, some of which will be exported.

It is reported that the 10-year agreement will be finalized this summer, which also includes cooperation in research and development.

London reproduces the polio virus! R&F invested £772 million to "kill" London

In response, Uk Health Secretary Sajid Javid said the UK government attracted Moderna through a long-term supply agreement for vaccines and the UK's strong life sciences ecosystem.

He said: "This is unprecedented in terms of scale and production capacity, and I think it shows that after Brexit, in terms of foreign investment, especially in the life sciences sector, the UK is the leader in Europe." ”

Javid also said the government sees the investment as an important part of its post-Brexit life sciences strategy. Under the agreement, most of Moderna's clinical trials will be conducted in the UK.

London reproduces the polio virus! R&F invested £772 million to "kill" London

British Prime Minister Boris also said the investment in Moderna would "guarantee a supply of vaccines" and create jobs. Because Moderna is developing vaccines against other respiratory diseases, including influenza and respiratory syncytial virus.

London reproduces the polio virus! R&F invested £772 million to "kill" London

Currently, Moderna has 46 potential drug or vaccine projects in the pipeline, and Moderna CEO Stéphane Bancel noted that the company is unable to conduct all clinical trials in the United States. In terms of clinical trial capacity, the scale offered by the UK is quite unique. He also said the UK has always had incredible scientific leadership.

【The UK will retire the £20 and £50 notes】

The Bank of England has issued news that the UK will retire the £20 and £50 notes within 100 days.

London reproduces the polio virus! R&F invested £772 million to "kill" London

The remaining £20 or £50 notes need to be used up or deposited in the bank by the end of September. From October onwards, these notes will not be able to be consumed.

It is estimated that there are still 163 million £50 notes and about 314 million £20 notes in circulation in the UK.

London reproduces the polio virus! R&F invested £772 million to "kill" London

In the future, these banknotes will be replaced by plastic versions, just like the more durable £5 and £10 notes.

The Bank of England says newer currencies are also harder to counterfeit.

【R&F "killed" London】

Earlier this year, reports reported that Guangzhou R&F Group had sold Vauxhall Square, a luxury residential development in London's Nine Elms area, to Far East Development Group in Hong Kong, China, for £95.7 million.

London reproduces the polio virus! R&F invested £772 million to "kill" London

After selling the plot at a loss, there was speculation that R&F was going to abandon the London market...

However, just recently, Chinese developer Guangzhou R&F (R&F) once again "killed" London strongly!

According to media reports, R&F has secured £772 million in financing for its London-based One Nine Elms project.

The financing was provided by four different lenders, Précis Capital Partners, Apollo Global Management, Carlyle Group and Crosstree Real Estate Partners.

London reproduces the polio virus! R&F invested £772 million to "kill" London

One Nine Elms is located in London's Nine Elms area, on the south bank of the River Thames, with a total value of up to £1 billion.

London reproduces the polio virus! R&F invested £772 million to "kill" London

The project consists of two high-rise buildings, the first being the 57-storey City Tower, which mainly provides 334 residences.

The second is the 42-storey River Tower, which includes a 203-room five-star Park Hyatt hotel and 103 Park Hyatt-branded luxury apartments with access to all hotel facilities, including a swimming pool, 24-hour concierge service, sky lounge and terrace.

It is worth mentioning that this will be the first Park Hyatt hotel in London and the first Park Hyatt brand residence.

At the same time, the project also includes 57 units of affordable housing, which have been sold to Thames Valley Housing.

At present, the shell and core of the two buildings have been basically completed, and the renovation work has yet to be carried out.

London reproduces the polio virus! R&F invested £772 million to "kill" London

Originally, the project was scheduled to be completed in 2022, but for various reasons, the project was delayed, and there were reports that the entire project was stopped after the main contractor Multiplex was not paid.

The financing means that R&F's UK subsidiary is expected to complete the residential-led project in November 2023. Multiplex will also return to the worksite as the main contractor.

London reproduces the polio virus! R&F invested £772 million to "kill" London

In addition, R&F said it has made "significant progress" in Thames City, adjacent to another nine-elm plot. The project is a joint venture between R&F and CC Land, a company under the name of "Chongqing Li Ka-shing" Zhang Songqiao. It is reported that the first occupants of the project will move into one of the buildings next month.

London reproduces the polio virus! R&F invested £772 million to "kill" London

In response, R&F Group said: "R&F Properties is firmly committed to our investments in the UK, in particular One Nine Elms, which will be a new world-class landmark development in London next year. Against the backdrop of the current financing market, the new funding plan obtained by One Nine Elms is a testament to the quality of the development, as well as the ability of R&F to deliver. ”

Précis Capital said: "We are confident in the strong future demand for the project, thanks to the thriving leisure and entertainment facilities in the local area, London's largest District 1 retail precinct, green facilities near Battersea Park, good transport links, and an attractiveness to quality tenants, the area is surrounded by tenants from the US and Dutch embassies as well as large businesses such as Apple." ”

That's what we have today's daily newspaper, stay tuned for property and we'll keep up to date with the latest and most informative UK coverage.