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Editorial
Job Cuts in the Retail Sector of the United Kingdom
July 05, 2020 11:00 PM AEST| By Team Kalkine MediaThe unprecedented crisis of Covid-19 has impacted the British economy. Businesses remaining shut because of the fear of virus spread and people restricting themselves to essentials only, led to mass redundancies across various segments. The lockdow.....
A Complete Guide for Securing Business Loans in the UK
July 05, 2020 10:10 AM AEST| By Team Kalkine MediaAccessing credit is perhaps one of the most critical factors that a business must consider for financing its ambitions. It enables businesses to achieve their targets and undertake expansion activities while empowering economic prosperity in the lo.....
UK Government Comes to Rescue of Ailing Steel Industry
July 05, 2020 10:00 AM AEST| By Team Kalkine MediaAs the novel coronavirus washed up the shores of more than 200 nations around the world, the respective governments of these nations-imposed lockdowns and clamped all the economic activities except the supply of essentials. With negligible economi.....
Top Picks from FTSE 100 To Keep A Track on for the Month of July 2020
July 04, 2020 11:27 PM AEST| By Team Kalkine MediaThe month of May and June 2020 have been important for the British economy as it saw business activity picking up in the country after seven weeks of lockdown. During this period, several companies have performed well, and consequently, their share.....
British Treasury Unlikely To Come Out With Big Tax Cuts; How Does The UK Corporate Tax Structure Compare Globally?
July 04, 2020 11:20 PM AEST| By Team Kalkine MediaThe UK Treasury counsellor Rishi Sunak is under pressure from the people as he prepares to release his new economic statement during the next week starting 6 July 2020. The tax revenues in the country are already lagging behind their targe.....
UK Offers Citizenship To Hong Kongers Amidst Row Over The New Chinese Security Law
July 04, 2020 07:41 AM AEST| By Team Kalkine MediaThe UK has decided to offer residency rights and citizenship to nearly 3 million residents of its former colony Hong Kong. Nearly 350,000 British national overseas passport holders and another 2.6 million for the passport will be able.....
Factories in The UK Plan Layoffs Amidst A Slow Rate of Recovery Post Unlocking
July 03, 2020 10:10 PM AEST| By Kunal SawhneyIn what could be a very worrying development for the British economy, Make UK, a sectoral group of British manufacturers has stated that more than 40 per cent of the factories in the country are planning to prune staff force in the next six months......
The Pandemic Hastens the long due Transition in The UK Retail Sector
July 03, 2020 08:18 AM AEST| By Hina ChowdharyThe retail industry in the United Kingdom is going through a transition phase. The coronavirus induced lockdown has only hastened a process that would have made itself evident in a couple of more years’ time. Online retailing has been eating .....
IMF Suggests UK Should Take-Up Green Projects To Fight The Slowdown And Unemployment Blues
July 03, 2020 08:14 AM AEST| By Kunal SawhneyThe International Monetary Fund (IMF) had a few words of suggestions for the British parliamentarians about the path that the country should take as it recovers from the pandemic-induced recession. Reiterating the importance of reducing the carbon .....
Boris Johnson Plans To Announce A List Of 95 Safe-To-Travel Countries
July 03, 2020 08:09 AM AEST| By Team Kalkine MediaThe UK PM is expected to release the new international air travel rules on 6 July 2020, with pressure mounting on the government to come out with the full list of air bridges soon. The list will name all the countries where Britishers can travel fr.....
Changing Landscape of Travel and Related Businesses
July 02, 2020 11:10 PM AEST| By Team Kalkine MediaThe landscape for the once flourishing travel & leisure industry has changed a lot in the post-pandemic era as billions were wiped out of the industry due to the economic impact of the novel coronavirus. The easing of lockdowns and .....
CMA Calls to Rein in Market Powers of American Tech Giants Facebook And Google
July 02, 2020 10:00 PM AEST| By Team Kalkine MediaFor better administration of the leading digital marketing platforms such as Facebook, Google, Instagram and many others, CMA (Competition and Markets Authority) has recommended a new regulatory regime to make sure that the industry remains competi.....
Gilead Sciences Inc Peg Remdesivir Price at US$ 3,120; US Buys up World Stock
July 02, 2020 05:29 AM AEST| By Team Kalkine MediaGilead Sciences Inc. had earlier agreed on donating its existing supply of Remdesivir; however, the company has now labelled a price on the drug. The price for the United States is going to be US$ 520 per vial or US$ 3,120 with a typical course of .....
UK Signs Joint Statement With Switzerland For Greater Cooperation In The Financial Services Sector
July 01, 2020 11:00 PM AEST| By Kunal SawhneyThe United Kingdom and Switzerland have signed a joint statement on 30 June 2020 which calls on both the countries to deepen their cooperation in the field of financial services including cross border trading of securities. The two countrie.....
Are There Any Signs of an Economic Recovery in Britain?
July 01, 2020 10:57 PM AEST| By Team Kalkine MediaWhile it might be too early to get a clear view of things, but we would like to see the half glass-filled side of the picture. Yes, there are indications that the UK economy is already on the path of an economic recovery. Andy Haldane, Chief Econom.....
Business Confidence Up, Is It A Reason To Cheer?
July 01, 2020 06:47 AM AEST| By Kunal SawhneyThe British economy has shown tenacity, as it springs back to life after the country gradually opened up following the seven-week lockdown imposed during March this year. The latest Lloyds Bank Business Barometer survey conducted between 1st and 15.....
Britain to sell 275 billion pounds of government debt, which is at an all-time high level
July 01, 2020 05:53 AM AEST| By Team Kalkine MediaThe UK Debt Management Office (DMO), the official agency to carry forward the government’s debt operations, announced on 29 June 2020 that it will be holding thirty three gilt auctions between July to August this year. Through this activity, .....
A Government Infrastructure Plan On Cards: What To Expect?
June 30, 2020 07:58 AM AEST| By Team Kalkine MediaThe United Kingdom’s Prime Minister Boris Johnson plans to unveil a new infrastructure plan on June 30 to give a big impetus to the slowing economy, marred by the corona pandemic. Interior Minister Priti Patel said that government wil.....
Major Global Corporations Now Becoming Extremely Conscious of Social Media
June 29, 2020 11:00 PM AEST| By Kunal SawhneyThe usage of social media platforms in the spread of false information, hate, and political mudslinging is a menace that has reached a great height in recent times. What makes the situation even worse is that it is very difficult to fix accountabil.....
A Big Jump In Holiday Booking Seen, As The Government Relaxes Global Travel Restrictions
June 29, 2020 10:50 PM AEST| By Team Kalkine MediaSeveral tours and travel operators in the United Kingdom have reported that they have been witnessing a massive surge in online queries for holidays since the UK government has allowed overseas flights from July 6 next month. The tour operators hav.....
AI on the Rise: A Look at Top AI Companies and Their Stocks