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UK Gas Networks Plan to Deliver First Hydrogen-Fuelled Town by 2030
January 21, 2021 03:37 PM GMT| By Kunal SawhneyUK can expect to get its first hydrogen-powered heated town by 2030. Britain’s natural gas network operators are devising a strategy to roll out a Hydrogen fuel powered network. The new strategy is being formulated in line with the 10.....
Sunak’s Covid-19 policies being attacked by Labour
January 21, 2021 01:43 PM GMT| By Team Kalkine MediaUK Chancellor Rishi Sunak has been fiercely attacked by the Labour Party on the way he is handling the economy during the pandemic. Shadow chancellor Anneliese Dodds has put across her views in her speech she delivered at the London .....
UK’s annual consumer price inflation rises in December
January 20, 2021 03:24 PM GMT| By Team Kalkine MediaThe Office for National Statistics (ONS) has released the Consumer Prices Index (CPI) data for December 2020, which stated that the 12-month inflation rate rose to 0.6 per cent from a value of 0.3 per cent during the previous month. &n.....
Financial Services Business Volumes to See A Spurt in the First Quarter Of 2021: Survey
January 20, 2021 10:04 AM GMT| By Team Kalkine MediaThe Confederation of British Industry (CBI), in association with a consulting major PwC, conducted a survey in the financial services sector, which stated that business volumes had seen a spike in the Q4 2020 for the first time in two years. The su.....
Can the UK Aviation Sector Revive After Repeated Disruptions?
January 19, 2021 03:42 PM GMT| By Team Kalkine MediaThe aviation sector has been one of the worst victims of the coronavirus pandemic as the repeated, and prolonged travel curbs have disrupted the industry for a longer-than-expected stretch. With the extended cutdown of international and domestic tr.....
Most Britons Forced to Make Contactless Payments During Coronavirus Crisis
January 19, 2021 12:26 PM GMT| By Team Kalkine MediaAs the pandemic washed up the shores of the UK, more than 30 per cent of the shoppers were discouraged from paying cash and were pushed for adopting a digital mode of payments. However, a significant chunk of the population still relies immensely o.....
UK forms Build Back Better Council for economic revival
January 19, 2021 09:41 AM GMT| By Team Kalkine MediaBritish PM Boris Johnson has launched the Build Back Better Council with the goal of creating jobs, boosting investment, and reviving the economy. The council has brought together 30 business leaders with expertise in&.....
British firms call upon the government to extend financial support
January 19, 2021 08:39 AM GMT| By Team Kalkine MediaThe Confederation of British Industry (CBI), the biggest business group in the UK, has requested the government to extend its stimulus packages in order to support the withering businesses and people being affected by the c.....
Act Now to Avoid Any Potential Disruption in Businesses: Paul Scully
January 18, 2021 02:24 PM GMT| By Kunal SawhneyBusinesses have to modify their functioning with regard to the new guidelines by the UK government after the completion of the Brexit transition period. The organisations have been duly advised to shift their foundations from the erstwhile .....
Bitcoin A Currency Reserve? Ex-Canadian PM Stephen Harper Says Yes
January 18, 2021 10:44 PM AEDT| By Kunal SawhneyCan bitcoin, the world’s largest cryptocurrency, become a reserve currency? While many analysts are concerned over the crypto’s volatile nature, former Canadian Prime Minister Stephen Harper claims it is certainly a possibility. While ad...
UK Expands Vaccine Rollout as Global Immunisation Drive Gears Up
January 18, 2021 11:29 AM GMT| By Kunal SawhneyThe UK healthcare administration is all set to widen the ongoing vaccination programme in the next few weeks as the global Covid-19 inoculation drive attains pace following the approval of coronavirus shots developed by various vaccine.....
Rightmove (LON: RMV) indicates a drop in asking prices for houses
January 18, 2021 09:28 AM GMT| By Team Kalkine MediaSummary The asking price in the UK declined by 0.9 per cent, revealed the Rightmove report There was also a slowdown in the annual growth rate Rightmove plc (LON: RMV), the largest national online property portal,&.....
UK Supreme Court Rules in Favour of Small Businesses in Insurance Claims
January 16, 2021 08:53 PM GMT| By Team Kalkine MediaThe Supreme Court of the UK on Friday provided relief to tens of thousands of small businesses that were forced to close during the Covid-19 pandemic by ruling in their favour in the fight over business interruption insurance claims settlement. Thi.....
Brexit aftermath: Supply chain disruptions make businesses face delays
January 15, 2021 07:28 PM GMT| By Kunal SawhneyThe United Kingdom and the European Union agreed upon the free trade Brexit deal on 24 December marking the end of 47 year association. The transition period lasted for a year and ended on 31 December 2020, leaving very little time for the companies...
No drop in workers’ rights after Brexit, says Business Secretary Kwarteng
January 15, 2021 07:19 PM GMT| By Kunal SawhneyWith a slew of modifications that are underway after the completion of Brexit transition deadline, the workers employed in the United Kingdom are likely to see some meaningful change in the near future. The discourse around workers’ p.....
UK’s economy shrank by 2.6 per cent in November
January 15, 2021 10:42 AM GMT| By Hina ChowdharyThe gross domestic product of Britain fell by 2.6 per cent for November last year, according to latest data from the Office of National Statistics. This is the first step towards a double dip recession for the UK economy. The month’s .....
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Sunak under pressure to extend pandemic support measures
January 15, 2021 08:30 AM GMT| By Team Kalkine MediaRishi Sunak, chancellor, British exchequer has come under pressure from various lobby groups to offer more Covid support to the UK businesses. Government figures are likely to confirm that the nation is under a double-dip recession with many busine.....
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Post Brexit scenario: NI food supplies disrupted
January 13, 2021 08:03 AM GMT| By Team Kalkine MediaNorthern Ireland has seen shortages in few food products as retail chains adjust to the post-Brexit arrangements while importing food items from Great Britain. Since December 31, NI continued to remain a part of the European Union’s single ma.....
BRC-KPMG report declares 2020 as the worst year for UK retail
January 12, 2021 12:26 PM GMT| By Kunal SawhneySummary The BRC trade body published a report on Tuesday depicting a 0.3 fall in the total retail sales The figures indicate the performance of the retail sector for 2020, which is was declared as the worst year since 1995 The report publi.....
Brexit And Crucial Law Enforcement Activities: Joint Probes to Continue
January 12, 2021 11:19 AM GMT| By Team Kalkine MediaOn Christmas eve, the United Kingdom signed a last-minute trade deal with the European Union to avoid the chaos that could have resulted in no-deal Brexit. However, keeping things for last minute and adhering to tight deadlines often lead to policy.....
