Universal Credit Claims Increase Almost Ten Times During the UK Lockdown
- Apr 02, 2020 BST
- Team Kalkine
The COVID-19 novel coronavirus has pushed global economy into recession. The World Health Organisation already stated that the virus is a global pandemic, which means that it will have a significant effect on the entire world. To date more than 750,...
The largest group within the European Parliament, the European People's Party has come forward in the past few days to request the British government to extend the Brexit transition period amidst the renewed threat to the economy from the coronavirus...
The epidemic Covid-19 seems to slack off its speed in the United Kingdom. The coronavirus spread has shown the signs of slowing as a result of country lockdown announced a week ago, Neil Ferguson, a professor of mathematical biology at Imperial Colle...
When all other industries are facing tough trading conditions across the globe, the retail industry is one that is finding itself in the thick of activities. There was a time when the success of a retail company was gauged by the extent of footfalls on...
The British economy could be confronting a massive decline of 15 per cent of its GDP in the second quarter of 2020 and an unemployment rate that would be more than double of what it is now, till at least the end of the second quarter of 2020. In the fi...
On 27 March 2020, Credit Rating Agency Fitch announced a rating update for United Kingdom’s Long Term Issuer Default Rating (LT IDR), in which it was reported that United Kingdom’s Long Term Issuer Default Rating was being downgraded to AA- (Negative ...
International Monetary Fund (IMF) Managing Director Kristalina Georgieva warns coronavirus recession, a magnitude of which is being compared with the Lehman Brothers crisis of 2009. The world has ‘entered a recession as bad or worse’ than the global ...
It seems like it’s more than just human beings that need protection from the effects of the coronavirus outbreak. The British government has announced that it will make changes to the country’s bankruptcy laws so that companies who are a little weaker ...
On 27 March 2020, the two Wall Street banks Goldman Sachs and Morgan Stanley received permission from Chinese regulators to take over majority control of their local securities joint ventures. It signals China’s strict action to lets its financial mark...
The current state of affairs at the London Stock Exchange and other markets around the globe is very challenging for a regular investor in these markets. There has been all-round selling in the past two weeks, and many of the blue-chip stocks have shed...
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