Business Matters

US President Donald Trump accepts that the formal transition to Joe Biden's White House can finally begin and it's reported that Mr Biden will nominate Janet Yellen, a former head of the Federal Reserve, as his Treasury secretary - we hear from Samira Hussain, our American Business Correspondent. There's more good news on the coronavirus vaccines front as it's announced that the AstraZeneca/Oxford trials could be almost as effective as two other vaccines already shown to work. There's growing evidence that later lockdowns, designed to combat a second wave of the virus, aren't having the same positive environmental impact as the initial lockdowns, as Mike Johnson has been hearing from Simon Birkitt, founder of the campaign group Clean Air in London. It will take “substantial last minute efforts” in order to strike a Brexit deal – that’s according to the EU Trade Commissioner, Valdis Dombrovskis, who's been speaking to our Global Trade Correspondent Dharshini David. And are you looking for something to buy your