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How Central Banks Changed the Course of 2020?
December 30, 2020 04:03 PM AEDT| By Team Kalkine MediaCentral banks across the globe have constantly been innovating and finding new solutions to combat the economic strain caused by pandemic. Amidst the uncertainty attached to the coronavirus and the lack of complete knowledge about the same, policy .....
Brexit Trade Deal: What Are the New Terms and Tariffs
December 29, 2020 09:29 PM AEDT| By Team Kalkine MediaThe UK and the EU have finally reached an agreement on trade governance worth £650 billion after prolonged negotiations for over nine months. The much-awaited Brexit deal announcement came on Christmas eve as both sides were relieved to annou.....
Brexit trade deal: What still remains unresolved between the UK and EU
December 29, 2020 07:29 PM AEDT| By Kunal SawhneyBrits received their Christmas gift on 24 December when the United Kingdom and the European Union struck a provisional free trade agreement to ensure trading of goods without tariffs or quotas ending months of disagreements over fishing rights and .....
Brexit: Bumpy road ahead as Britain adjusts to new EU rules
December 29, 2020 07:25 PM AEDT| By Kunal SawhneyMichael Gove, the government minister said that the UK businesses could face a bouncy period in the short-term as they come to terms with the new rules of the European Union. As the Brexit transition period expires on December 31, there would be pr.....
Tier update: List of Areas in England Moving to Higher Tiers from 26 December (Boxing Day)
December 25, 2020 07:39 AM AEDT| By Team Kalkine MediaThe unending worries around the coronavirus cases in England have soared to a new level, that too around the festivities of Christmas and Boxing Day when people are highly eager to travel and meet their relatives than any other time of the .....
UK and EU to Announce A Trade Deal on Christmas Eve
December 24, 2020 06:52 PM AEDT| By Kunal SawhneyThe UK and EU seem to have reached a suitable Brexit trade and security deal. It was reported that UK PM Boris Johnson held a late-night conference call with his Cabinet and senior ministers on the new Brexit deal. EU negotiators in Brussels have a.....
Hopes of Post-Brexit Trade Deal Are Rising: UK Cabinet Minister
December 24, 2020 02:30 AM AEDT| By Kunal SawhneyThe UK government is keen on negotiating with the European Union for a free trade agreement and simultaneously has been managing the severe Covid-19 pandemic which has severely disrupted the economy. The Brexit deal has taken a backseat due to the.....
NHS asks Johnson to extend the Brexit transition period
December 23, 2020 10:27 PM AEDT| By Team Kalkine MediaThe National Health Service has requested the prime minister Boris Johnson to extend the Brexit transition period by 30 days. The health body feared that a no-deal situation could risk the patient health during the coronavirus crisis. The B.....
Deutsche Post DHL Stops Deliveries to The UK and Ireland
December 22, 2020 08:30 PM AEDT| By Hina ChowdharyGermany-based world’s largest logistics firm Deutsche Post DHL has ceased the deliveries in and out of Ireland after the flights and freight were suspended due to fears of the new coronavirus strain. Amid the growing fears of the virus sprea.....
New Covid strain: UK economy to slow down further
December 22, 2020 07:25 PM AEDT| By Team Kalkine MediaTighter restrictions at various places in the country for a longer period to contain the spread of the new virus strain would imply that the prospects for the UK economy in the next year are bleaker than earlier estimated. The deteriorating.....
Lloyds Bank Survey: UK Business Morale Jumps by Most in Over 4 Years
December 21, 2020 11:56 PM AEDT| By Kunal SawhneyThe UK, like many other nations, has underpinned the hopes on potential Covid-19 vaccines and expect them to play a vital role in helping the country come out of recession by shaping the economic recovery in the near future. FTSE 100 listed banking.....
International Flights Halted To and From UK: Full List
December 21, 2020 11:50 PM AEDT| By Hina ChowdharyWith the origination of the new strain of the Covid-19 (SARS-CoV-2) in the United Kingdom, most of the nations with scheduled departures and arrivals of the flights from the nation have cancelled the operations with immediate effect. This time the ad...
Voting today on the US Congress $900 billion package deal
December 21, 2020 07:22 PM AEDT| By Hina ChowdharyThe congress leaders agreed upon a Covid-19 aid package deal yesterday to fight with the surging coronavirus cases in the US. Votes are likely to take place today. The $900 billion (£660 billion) aid is the second largest economic stimulus in.....
Brexit talks enter the penultimate fortnight period, fishing rights still the key issue
December 20, 2020 05:54 AM AEDT| By Kunal SawhneyNegotiations between the UK and the EU have entered the final phase to clinch a favourable post-Brexit trade deal before 31 December, where fishing rights in British waters for EU members remains the most important issue. UK Prime Minister .....
British public spend on furlough rises to £46.4 billion
December 20, 2020 05:51 AM AEDT| By Hina ChowdharyRecent government data has revealed that the British public spending on furloughing private sector employees reached a total value of £46.4 billion ($63.0 billion) on 13 December, up from £43.0 billion in the previous month. The scheme.....
UK Retail Sales Decline by 3.8 Per Cent in November Due to Lockdown, Restrictions
December 19, 2020 01:09 AM AEDT| By Hina ChowdharyThe UK’s retail sales plunged by 3.8 per cent in November in comparison with October as several stores remain closed due to the second lockdown and restrictions imposed due to the surge in coronavirus cases. The Office for National Statistic.....
UK consumer confidence jumps with the Covid-19 vaccination program
December 18, 2020 10:18 PM AEDT| By Kunal SawhneyConsumer confidence in the UK has increased modestly in December as the economic situation looks progressive on the back of the start of the Covid-19 vaccination programme in the country. The Consumer Confidence Barometer rose by seven poin.....
House Prices in the UK Reach Record High in October
December 18, 2020 01:12 AM AEDT| By Hina ChowdharyThe house prices in the United Kingdom have hit a record high in 2020, according to the latest ONS data. The prices have risen by 5.4 per cent, reaching an average of £245,000 in October, which is highest since October 2016. The stamp duty s.....
UK and US in talks over a trade deal
December 17, 2020 06:57 PM AEDT| By Hina ChowdharyRobert Lighthizer, US trade representative said that the UK and the US are in talks to lower tariffs and work out a mini-trade deal. The deal is likely to see Britain lower tariffs over subsidy for aerospace businesses. America also wants i.....
Brexit effect: Facebook to shift UK users to California agreements
December 16, 2020 08:27 PM AEDT| By Team Kalkine MediaThere are a lot of changes happening as the Brexit transition deadline comes to an end on 31 December. Not only the arrangement of international trade is changing, the data and privacy policies are also supposed to witness modifications. With the t.....
AI on the Rise: A Look at Top AI Companies and Their Stocks