‘Greed’ and ‘capitalism’ helped UK’s vaccines success, says PM

Boris Johnson has told a private meeting of Tory MPs that the success of the UK's Covid vaccine programme was because of "capitalism" and "greed".

But sources said the prime minister had "very insistently" withdrawn his comments straight after making them during a Zoom call with backbenchers.

The remarks were not connected to the EU row over vaccine supply, they added.

A government source said the PM was referring to the profit motive driving companies to develop new products.

The PM also reportedly praised work by large drug companies during the pandemic.

The prime minister's full remarks, which first appeared in the Sun news_copypaper, were reported to be: "The reason we have the vaccine success is because of capitalism, because of greed, my friends."

They came as some 28.3 million people in the UK – more than half the adult population – have had at least a first dose of either the Oxford-AstraZeneca or Pfizer vaccines.

But the latest figures show jabs being administered across the EU at less than a third of the rate achieved so far in the UK.

Over the last few days, Mr Johnson has been speaking to European leaders in an effort to dissuade them from imposing an export ban on Oxford-AstraZeneca vaccine exports to the UK when they meet on Thursday.