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Editorial
With A Gloomy Economic Outlook, Britain Sees Furlough And Business Loan Bills Rising
June 12, 2020 03:28 AM AEST| By Team Kalkine MediaCoronavirus has hit British businesses hard, and a majority of small & large companies are struggling to survive. Job layoffs are taking place across sectors and unemployment is already very high, with no signs of reversal in the near future. In...
Trade Deal Talks Between the UK and EU at a loggerhead, little chance of an agreement before October
June 10, 2020 06:27 AM AEST| By Team Kalkine MediaSummary EU feels the UK is retracting on the assurances given for trade negotiations before Brexit With no headway yet, Johnson’s dream of concluding a deal with the EU by this summer seems unlikely There is a difference of opinion betw.....
Tory Government Mulls Policy Rejig Amidst Its Falling Ratings Over Pandemic Response
June 08, 2020 11:10 PM AEST| By Team Kalkine MediaSummary Boris Johnson government has been witnessing fall in ratings over its lacklustre response to the coronavirus pandemic The impact of the Falling GfK- consumer confidence index levels is also being seen on the ratings of the government T.....
Large Dividend-Paying Multinationals Alleged of Misusing the BoE’s schemes
June 08, 2020 10:00 PM AEST| By Team Kalkine MediaSummary The BoE had asked companies not to use borrowed funds to pay cash bonuses or dividends Many of the foreign companies have announced dividend payments Nearly 20 per cent of the loans were made to businesses with higher carbon emissions .....
How Close Is the UK To Developing A COVID-19 Vaccine?
June 07, 2020 04:00 PM AEST| By Team Kalkine MediaThe pandemic COVID-19 has severely impacted the whole world, as there has been no cure to the disease yet, but now the UK needs to defeat the coronavirus pandemic else it will carry on wrecking huge personal, economic and social losses across t...
Focus on Financial Highlights of Three AIM Stocks: TRX, YNGN and GTC
June 07, 2020 09:43 AM AEST| By Team Kalkine MediaThe London Stock Exchange’s (LSE) international market for listing smaller companies, AIM, (The Alternative Investment Market) has always been considered a comparatively riskier platform to trade than its broader counterpart. No doubt, th...
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Despite an upswing in May, the Construction PMI continues to remain in the contraction zone
June 07, 2020 09:07 AM AEST| By Team Kalkine MediaThe coronavirus pandemic deeply impacted the housing and construction sector in the United Kingdom. The lockdown imposed by the government ensured that most of the construction site workers were not able to report for work. Material procurement and m...
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UK ready to welcome international visitors for tourism
June 07, 2020 08:16 AM AEST| By Team Kalkine MediaThe United Kingdom readies itself to welcome tourists from abroad beginning June 8 this year, with corona prevention measures in place. However, the international visitors will have to pass through stringent quarantine measures, including a 14-day se...
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Fossil Fuel Industry on the Brink of Collapse due to Coronavirus Crisis
June 07, 2020 08:00 AM AEST| By Team Kalkine MediaCoronavirus pandemic has not only hammered the financial market but has also badly impacted the demand for nearly all forms of fossil fuels-oil, gas, and coal. As per the International Energy Agency (IEA), demand for fossil fuel is estimated to crash...
British Consumer Confidence Slips to New Decade Low in late May
June 06, 2020 06:44 PM AEST| By Team Kalkine MediaThe consumer confidence levels in the United Kingdom continue to be at a decade low level, GfK (Growth from Knowledge), in a survey conducted in the country has found that the sentiments of average British consumers are at a new low in a decade since...
Fall in UK House Prices Trends Lower in May, says Halifax
June 06, 2020 04:50 PM AEST| By Team Kalkine MediaHouse prices slipped again for the third straight month, though more modest than in April as England’s property market reopened, said lender Halifax. In the House Price Index released on June 5, Halifax reported a fall of 0.2 per cent in May f...
3 LSE-Listed Penny Stocks to Look At – ETX, ODX, INDV
June 06, 2020 04:00 PM AEST| By Team Kalkine MediaPenny stocks are essentially ‘small cap’ companies having the market capitalisation of less than £500 million. Small caps mean businesses with lesser market capitalisation. The market capitalisation is a variable metric; it is a fun...
Chancellor Mulling National Insurance Holiday for Employers
June 04, 2020 10:40 PM AEST| By Kunal SawhneySummary Government mulling over giving National Insurance holiday to firms hiring new staff, to promote employment At present, an employer needs to pay at a rate of 13.8 per cent on employee earnings above a set threshold United Kingdom’.....
US to investigate Britain over unfair taxes on its digital services
June 04, 2020 10:30 PM AEST| By Team Kalkine MediaUS has imposed a formal investigation on UK for levying digital taxes on its firms, quoting that they are unfair. It plans to enquire seven more countries in Europe along with India. US also adds that such issues need to be fixed via multilateral agr...
LSE Public Consultation Finds Support for Reduced Trading Hours
June 03, 2020 10:20 PM AEST| By Kunal SawhneySummary Issue of shortening the trading hours on LSE has long been under consideration There have been voices raised in favour and against of the proposal, with each giving some or other valid reasons The major concern has been regarding the t.....
Hope of Revival In Beaten Down Automotive Industry Post Lockdown
June 03, 2020 10:00 PM AEST| By Team Kalkine MediaSummary Automotive industry back into business with factories scaling up production Hopes of revival with new strategy combating the threat of COVID-19 Demand to be driven by people who don’t own their personal vehicles Marshall Motor h.....
Watchdog Financial Conduct Authority Launches Probe into Amigo Loans
June 03, 2020 04:12 PM AEST| By Team Kalkine MediaThe Financial Conduct Authority (FCA) has launched an investigation into the Guarantor Lender Amigo Loans, confirmed LSE-listed Amigo Holdings on Monday. The investigation has reportedly been ongoing due to the gradual acceleration of disagreement be...
Functioning of AIM and Earnings of Three Stocks Listed on It- VNET, SPGA and WHR
June 03, 2020 02:43 PM AEST| By Team Kalkine MediaThe Alternative Investment Market is a London Stock Exchange, sub-market, which is considered to support low market cap businesses to gain capital. Alternative Investment Market permits these businesses to raise money by registering on an open exchan...
Fall in UK Manufacturing Activity in May Less Severe Than Last Month
June 02, 2020 04:00 PM AEST| By Team Kalkine MediaThe manufacturing activity continues to be under duress in the United Kingdom during the month of May this year, as recorded by the Purchasing Managers’ Index (PMI) figures from IHS Markit and the Chartered Institute of Purchasing and Supply (C...
The UK Manufacturing Sector Seeks Further Support from The Government
June 02, 2020 12:13 PM AEST| By Team Kalkine MediaSummary The current state of manufacturing in the United Kingdom amid the lockdown The current demand-supply dynamics affecting the sector and the government support for the industry The government is likely to come up with various other suppo.....
AI on the Rise: A Look at Top AI Companies and Their Stocks