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Covid: 'greed' and 'capitalism' behind vaccine success, Johnson tells MPs

Prime minister revives 1980s ‘greed is good’ mantra as he lauds vaccine push at meeting with backbenchers
The UK’s successful vaccine rollout was thanks to “greed” and “capitalism”, Boris Johnson has told Conservative MPs during a private call.
Several of those present confirmed the prime minister had made the remarks during an end-of-term Zoom meeting with Tory backbenchers, known as the 1922 Committee, on Tuesday evening, two days before the Commons breaks for Easter.
Johnson hailed the fact that more than 28 million people have been given a first jab in the UK, saying: “The reason we have the vaccine success is because of capitalism, because of greed my friends.”
Immediately afterwards, he tried to backpedal and withdraw what he had said, according to MPs, one of whom added that the PM then made a joke about how details of the 1922 Committee virtual meetings often leak.
Downing Street has not denied the account but refused to issue a comment.
Opposition MPs condemned the PM’s remarks, pointing out that they came on the anniversary of the first coronavirus lockdown.
Labour backbencher Barry Sheerman called it an “obnoxious comment on this day of all days”, while his colleague Angela Eagle tweeted: “Altruism not greed will get us through this.”
Liberal Democrat MP Layla Moran also said the prime minister’s intervention was “not helpful”.
Some of those on the call sought to add context to Johnson’s words, saying he had been talking generally about how big pharmaceutical firms managed to safely create vaccines at record speed – and not the ongoing row with the EU. One called it “a lighthearted off-the-cuff comment”.
But the remarks still risk escalating tensions with Brussels, given Johnson has previously been keen to avoid getting drawn into a war of words with European leaders, despite the threat of a vaccine export ban on the continent.
On Tuesday, Johnson suggested he would not engage in a tit-for-tat export ban, with sources saying the priority was still to calm tensions rather than escalate with threats.
Speaking at a No 10 press conference hours earlier to mark the one-year anniversary of lockdown, Johnson said: “We in this country don’t believe in blockades of any kind of vaccines or vaccine material, that’s not something that this country would dream of engaging in.”
At another point in the call with Tory MPs, Johnson admitted the local elections due to take place in May would be difficult, one MP said.
They also said he laid into the BBC, describing it as “detached from a lot of viewers” and suggesting corporation bosses should “move more in line”.
source: Aubrey Allegretti
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BENEFIT Sponsors Gulf Uni...
- April 17, 2025
BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, has announced its sponsorship of the “Innovation and Sustainable Technology Solutions Competition (GU - IST Solutions), hosted by Gulf University at its main campus.
This strategic sponsorship reflects BENEFIT’s active role in advancing technological innovation and fostering sustainable solutions to future challenges. It also seeks to empower Bahraini youth by enhancing their skills, capabilities, and competitiveness in innovation and solution development—contributing meaningfully to the broader goals of sustainable development across all sectors.
As part of BENEFIT’s active involvement in the competition, the company has announced that Hanan Abdulla Hasan, Senior Manager of Public Relations and Communication, will serve on the competition’s supervisory committee. Her upcoming participation reflects BENEFIT’s forward-looking commitment to championing academic and professional excellence.
Commenting on the occasion, Hanan Abdulla Hasan, Senior Manager of Public Relations and Communication at BENEFIT, said, “We are privileged to support this pioneering initiative, which aligns seamlessly with BENEFIT’s enduring commitment to fostering innovation and nurturing the potential of Bahrain’s youth. Our participation is rooted in a deep sense of social responsibility and a firm belief in the pivotal role of innovation in shaping a sustainable future. Through such platforms, we seek to empower the next generation with the knowledge, skills, and foresight required to develop impactful solutions that address future challenges, in line with the United Nations Sustainable Development Goals 2030.”
Dr. Aseel Al Ayash Dean of the College of Engineering in Gulf University commented, “We extend our sincere gratitude to BENEFIT for their generous sponsorship and support of the Innovation and Sustainable Technology Solutions Competition. This contribution plays an instrumental role in helping us achieve the strategic goals of this initiative, namely, cultivating a culture of innovation and sustainability, encouraging efforts that address the imperatives of sustainable development, and enhancing the practical and professional capabilities of our students and participants.”
The event will bring together a diverse spectrum of participants, including secondary school students, university undergraduates, engineers, industry professionals, entrepreneurs, academic researchers, and subject matter experts representing a wide range of disciplines.
The competition seeks to inspire participants to develop and present innovative, sustainable technologies aimed at addressing pressing environmental, social, and economic challenges. It encourages the formulation of business models that integrate advanced technological solutions with core principles of sustainability. Moreover, it serves as a platform for emerging leaders, entrepreneurs, and innovators to contribute to the advancement of the Sustainable Development Goals, promote the ethos of responsible technology, and demonstrate its transformative potential across various sectors.
Attendees will have the opportunity to view a series of project presentations submitted by participants, covering diverse areas such as eco-friendly product design, smart and sustainable innovations, renewable energy technologies, water conservation and management, waste minimisation and recycling, green architectural solutions, and sustainable transportation systems. Outstanding projects will be formally recognised and awarded at the conclusion of the event.
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