The complete lockdown was announced in the United Kingdom by the Prime Minister Boris Johnson on 23rd March 2020 in a bid to contain the spread of coronavirus. But due to the countrywide lockdown all the essential businesses all over the United Kingd...
The conduct regulator of financial services of over 58000 firms, wants the court to intervene in terms of providing clarity on specific policy terms & conditions to resolve disputes on Business Interruption (BI) insurance policies. As the b...
In a move that has taken many by surprise, the transport secretary, Grant Shapps has said that the country would be putting all air passengers arriving in the country in a compulsory fourteen-day quarantine, once the restriction on air travel in the ...
The UK Government is faced with various challenges amid the coronavirus crisis. The whole government machinery has been put to contain the spread of the novel coronavirus, which has put many important government decisions on the back burner, lots of ...
A recent data released by the Bank of England has showed that the consumers in the country have cleared as much as £3.8 billion debts while the debt level in regard to the businesses borrowing money has been increasing drastically. The clearing...
A survey of finance chiefs at the largest UK firms has shown a grim picture of the economy, as these financial heads of the businesses do not expect revenues to return to pre-crisis levels for at least a year. Their expectations are that the outbreak...
Businesses around the world are seeking for a better day as the global economy has plunged drastically due to the coronavirus outbreak and subsequent lockdowns. Many companies of diversified sectors like aviation, retail, energy, and construction, am...
The month just gone by was relatively better than the previous one. Two of the major global equity benchmarks – FTSE 100 and S&P 500 ended the month of April on a positive month. Though, the momentum in US equities was relatively higher co...
Since the outbreak of Covid-19, more than 26 thousand people have died in the United Kingdom. The world tally of deaths is more than 225 thousand. More than 171 thousand people so far have been tested positive with the novel coronavirus with more tha...
The coronavirus pandemic has brought to the fore many of the shortcomings in the British healthcare system. In the most recent case, it has been found that many of the ventilator systems that were imported into the country are not performing up to th...
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