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Government urged to improve frontline health services after drop in childhood jabs in England

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A leading government adviser has called on ministers to urgently address low childhood vaccination rates by investing in frontline services after new data revealed an “extremely worrying” decline in uptake.

Professor Sir Andrew Pollard, chair of the UK’s Joint Committee on Vaccination and Immunisation, said the government needed to increase funding, especially for frontline nurses and health visitors with local knowledge.

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“The system for mopping up those who find it hard to access vaccination is not currently robust enough,” he told the Financial Times.

“We have to get this right, the future health of our children depends on it, and even their lives.”

The warning comes after data published by NHS England last week showed that uptake of all 14 key childhood vaccinations has fallen over the past year, with no vaccines meeting the World Health Organization’s target of 95 per cent coverage.

The share of children vaccinated against measles, mumps and rubella (MMR) by their second birthday fell to a 14-year-low of 89 per cent in the year ending March 2024.

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The UK Health Security Agency last month warned of a back-to-school resurgence of measles after major outbreaks in London, the West Midlands and North West drove infections to the highest levels since 2012.

Pollard said the spread of measles was a “red flashing warning light” that other diseases would soon start spreading without urgent action.

Low vaccination rates are a global problem, with nearly three-quarters of children living in countries where low vaccine coverage is driving measles outbreaks.

Dr Mary Ramsay, UKHSA director for public health programmes, said disruption to healthcare during the Covid-19 pandemic and complacency had caused vaccination rates to drop in England.

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“While there is much focus on vaccine hesitancy . . . it is not driving the long-term decline we have seen in uptake,” she said.

“[It] is more likely a combination of some people being complacent about the risk of some diseases, but also about people’s lifestyles and finding time to ensure your child attends their appointment.”

A 2023 survey by UKHSA found that 88 per cent of parents were happy with the safety of vaccines for babies and young children, although rates were lower among ethnic minorities and people from lower social grades.

Pollard said a lack of access was the main reason for the decline, with parents finding it difficult to find available appointments and to travel to GP surgeries, especially if they have to take multiple children on public transport.

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He added that some communities were unaware that vaccines are free, while others may have unfounded concerns over their safety.

MMR vaccination rates were lowest in London, which is home to 17 of the 20 areas worst affected by measles outbreaks. Hackney and the City of London had the lowest uptake across all local authorities in England, with coverage of only 68 per cent last year, down from 88 per cent a decade ago.

Dr Gayatri Amirthalingam, UKHSA immunisation deputy director, said London had “an ethnically and socio-economically diverse population and health inequalities persist”.

She added: “The population is also very mobile with many families moving in and out of the city and between boroughs, who may not immediately register with a new GP.”

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The NHS launched a new vaccination strategy in December, promising a more flexible appointment system that would make “booking a jab as easy as booking a cab”.

Local health teams will also have more flexibility to offer immunisation services in local venues such as community centres, sport facilities and places of worship.

Steve Russell, NHS national director for vaccinations and screening, said too many children were still not fully vaccinated against preventable diseases such as measles and whooping cough.

The Department of Health and Social Care said the NHS and GP practices send reminders to encourage parents and carers of children not fully vaccinated to come forward, adding it continued to look at ways to further boost vaccine uptake through community pharmacists and health visitors.

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CryptoCurrency

African economies show high potential for digital asset adoption

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African economies show high potential for digital asset adoption


South Africa emerges as a leading digital asset hub, driving growth in crypto with proactive regulations and expanding platforms like VALR.



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Governance watchdogs take fright as ‘zombies’ stalk US boardrooms

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Darren Walker, the head of the $16bn Ford Foundation, has been one of the world’s leading philanthropists for more than a decade. He has rubbed elbows with US presidents and Elton John. 

He is also a zombie.

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In August, Walker failed to win a majority of shareholder support for his re-election at apparel company Ralph Lauren, where he has been a board director for four years. He remains on the board.

This vote tally added Walker to a dubious list of “zombie” board members — ppeople who have failed to win at least 50 per cent support from shareholders and yet remain at their company’s top table. At the end of August, there were 35 zombie board directors at 27 US-based Russell 3000 companies, according to the Council of Institutional Investors, a lobbying group for pension funds.

While that is down from 41 last year and the phenomenon is largely confined to the US, the issue has angered investors who fear a global weakening of shareholder rights.

Column chart of Russell 3000 companies showing Zombie board directors over the years

In the UK, the Financial Conduct Authority this year gave companies new power to adopt dual-class share structures, which give special powers to select shareholders. Also this year, Italy’s rightwing government, eager to boost domestic capital markets, proposed board director voting changes that were attacked by investors.

“My view is that the 50 per cent mark, when it comes to director elections, is not a huge ask,” said Donna Anderson, global head of corporate governance at TRowePrice, which manages $1.6tn. “It should be pretty hard to hold on to your seat if more than 50 per cent of shareholders vote the other way.”

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“It just is so fundamental,” she said. “It is the principle of the thing.”

Vanguard, the world’s second-largest money manager, said “zombie directors can be indicators of weak shareholder accountability”.

“We view them as a serious governance concern,” a spokesman said. “If a board chooses to retain a zombie director, we believe it is crucial that they provide clear disclosure to investors regarding the rationale.”

Walker received just 47 per cent support from Ralph Lauren shareholders at the company’s August 1 annual meeting. In a regulatory filing, the company said it believed the low vote was due to its dual-class structure, “and not because of any specific objection to Mr Walker”.

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In a statement to the Financial Times, New York-based Ralph Lauren said Walker “has been a valuable and additive member” of the board.

“We remain confident in the value that he brings to the company and we look forward to his continued service on our board,” it said. The Ford Foundation declined to comment.

Other companies with zombie director votes this year include AO Smith, which makes water heaters, Veeva Systems, a cloud-computing company, and the parent company of the Samuel Adams beer brand.

While asset managers’ gripes about governance have been waved off year after year, companies harbouring zombie directors have not so easily dodged pugnacious activist investors. 

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Elanco, the former animal health unit of Bayer, had two directors who received less than 50 per cent support in 2022 and 2023. This year, activist Ancora attacked the company and demanded board seats, arguing that its board employed “shareholder-unfriendly policies”. In April, Ancora won two board seats at Elanco.

Most big stock markets around the world require a majority of shareholders to back a director in elections, meaning zombies cannot exist. But in the US, state law allows for plurality board elections, which essentially guarantee someone can stay on a board indefinitely unless challenged.

“Because the US has somewhat looser governance rules”, governments in the UK and Italy are considering weakening their corporate governance rules to attract more corporate listings, said Jen Sisson, chief executive of the International Corporate Governance Network, which represents BlackRock, Vanguard and other large asset managers.

“And that’s where investors are advocating so strongly to keep those standards high because we don’t want a race to the bottom of standards,” she said.

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“Governance is one of those things that is all very boring until something goes wrong.”

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CryptoCurrency

Is Bitcoin price going to crash again?

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Is Bitcoin price going to crash again?


Bitcoin’s failure to hold $64,000 could be an early sign that a price reversal is beginning.



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Securitize adds Wormhole for multi-chain RWA tokens 

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Securitize adds Wormhole for multi-chain RWA tokens 


Easier cross-chain transferability for RWAs is crucial to institutional adoption, executives say. 



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SEC approves options for BlackRock's spot Bitcoin ETF

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SEC approves options for BlackRock's spot Bitcoin ETF


The SEC notice seemed to be an industry first after the commission approved the listing and trading of spot Bitcoin exchange-traded funds on US exchanges in January.



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Solana prepares for possible ‘sizable’ move after defending $120 support

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Solana prepares for possible ‘sizable’ move after defending $120 support


SOL price bounced off the $120 support multiple times since April, leading traders to believe that the current market recovery will lead to an explosive rally.



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