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Economy
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UK Economy in April Records Its Fastest Growth Since July 2020
June 11, 2021 01:09 PM BST| By Kamalika GhoshSummary UK’s GDP grew by 2.3% in April, its fastest growth since July 2020. Mining and quarrying sank sharply by 15% due to planned temporary shutdowns of oil production fields. Services sector recorded a growth of 3.4%, as consumer-faci.....
UK construction output soars 77% in April 2021, highest growth rate on record
June 11, 2021 11:53 AM BST| By AbhijeetContinuing the upward trend of economic reversal, the macroeconomic factors showcased a meaningful rise in April 2021 led by a strong bounce back in all the major components including the construction output, manufacturing and industrial production.....
New Atlantic Charter to Be Signed in Bilateral Meeting of Boris and Biden
June 11, 2021 10:04 AM BST| By Kamalika GhoshSummary Boris Johnson and Joe Biden met for the first time in the seaside resort of Carbis Bay. The new document read that the two nations remained united on the spirit of territorial integrity, peaceful resolution of tensions, and sovereignty......
Are The UK-EU Talks on Northern Ireland on The Verge of a Collapse?
June 10, 2021 09:34 AM BST| By Suhita PoddarSummary EU has threatened Britain over post-Brexit Northern Ireland trade. If required, the EU could go in for any type of action required – be it legal, retaliatory, arbitration or tariff based. Britain has requested the bloc to be more.....
What Is Important To Our Health And Wellbeing?
June 09, 2021 03:33 PM BST| By Team Kalkine MediaAs the pandemic rages on into its second year, the necessity of taking care of one’s health and wellbeing has taken an even greater degree of importance in today’s world. Living in good health and having a sense of wellbeing is central .....
Irish Premier Urges UK and EU to Calmly Resolve NI Protocol Related Issues
June 09, 2021 09:47 AM BST| By Kamalika GhoshSummary The Irish premier has called upon David Frost, the British Brexit Minister, to engage with Maros Sefcovic, Vice President, European Commission to amicably sort out the row. The supplies of food and medicines from the UK to the NI are di.....
Eyeing tax credits in 2021? All about frauds & renewals
June 07, 2021 05:41 PM BST| By AbhijeetSummary Tax credits are typically extra payouts from the government Mostly, the low-income individuals are eligible claimants In 12 months to 30 April 2021, phone scams rose 135 per cent The personal earnings of individuals have taken a n.....
UK’s Business Confidence At 7-Year High in May but Delta Variant Can Play Party Pooper
June 07, 2021 10:22 AM BST| By Kamalika GhoshSummary UK’s business confidence soared to a seven-year high in May, according to the latest Business Trends by BDO. The easing of restrictions under the exit roadmap has played a part in upping sentiments. Services sector index included.....
Government Reportedly Mulling Over Delaying Exit from Lockdown in England
June 07, 2021 10:11 AM BST| By Kamalika GhoshSummary Wearing of masks and social distancing restrictions are likely to remain in place until 5. The number of people with Covid-19 cases has risen by 75 per cent in England for the week ending 4 June. The Delta variant was said to be 40 per.....
What is PMI and why is it important?
June 07, 2021 02:03 AM BST| By Furquan MoharkanThe Purchasing Managers’ Index (PMI) has been in news all through the last two weeks. Many countries across the world released their PMI numbers for the month of May – which determined the trend in their stock markets. So, what is PMI?...
Widened sewage testing can be pivotal in reducing Covid outbreaks
June 05, 2021 03:01 PM BST| By AbhijeetSummary The United Kingdom has been quite effective in helping the healthcare administration to arrest the increasing rate of hospital admissions. The NHS Test and Trace has been exemplary in ramping up the testing services in various locations.....
How Green Exports Can Boost the UK Economy
June 04, 2021 03:14 PM BST| By Suhita PoddarThe UK’s decarbonization and sustainability push has increasingly gathered momentum as the country aims to meet its ambitious net zero emissions target by 2050. According to a recent report by the UK’s business lobby group, Confederatio.....
How UK’s Services Sector Made Its Strongest Recovery in May Since 1997
June 03, 2021 02:29 PM BST| By Kamalika GhoshSummary UK’s service sector made its strongest recovery last month since May 1997. The services sector grew 62.9 in May compared to 61.0 in April, as per IHS Market’s monthly Purchasing Managers Index. Unexpected client demand cont.....
Can Animal Species Facing Threat Related to Climate Change Be Saved?
June 03, 2021 01:34 PM BST| By Suhita PoddarClimate change has become a main challenge for the world, and worryingly global heating has begun to threaten animal life across the world. According to the International Union for Conservation of Nature (IUCN), over 37,400 species globally are fa.....
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The World Is Shifting to Cleaner Energy Forms, but What About Sustainability?
June 03, 2021 12:22 PM BST| By Kamalika GhoshSummary Governments across the globe have come up with policies that encourage companies to change to alternative energy modes. Though there is more awareness now, it is also essential to look into the sustainability of these energy models. In.....
UK Reaches Landmark Deal with The EU on Fishing Rights
June 03, 2021 11:52 AM BST| By AbhijeetSummary The agreement guarantees fishing rights of the British and EU fleet in EU and UK waters until the end of 2021. Fish worth around 650 million euros are caught every year by the European Union’s fishing fleets in the UK waters. The.....
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What Are Some Best Approaches to Improve Well-Being by Companies?
June 01, 2021 04:31 PM BST| By Suhita PoddarSummary Sometimes back, a global survey conducted by insurance company Aetna International reported that 63 per cent of 4,000 workers surveyed wanted their companies to spend more on health and well-being initiatives. E-commerce giant Amazon an.....
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How Women Healthcare Workers and Scientists Took Up the Covid-19 Challenge
June 01, 2021 04:27 PM BST| By AbhijeetSummary The mightiest of countries last year were brought to their knees by the Coronavirus. The UK is planning to make vaccine mandatory for all its healthcare workers. Women have played an exemplary role in leading UK’s healthcare syst.....
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UK Manufacturing PMI Displays A Record Surge in May
June 01, 2021 03:38 PM BST| By AbhijeetSummary The UK manufacturers reported strong growth in May and higher levels of business confidence. The growth was driven by an easing of Covid-restrictions and a robust vaccination strategy. At the same time, inflationary pressure has starte.....
FTSE 100 Makes Positive Start Reacting to Upbeat OECD Projection for The UK Post-Covid
June 01, 2021 10:01 AM BST| By AbhijeetSummary The UK economy to clock a GDP growth rate of 7.2 per cent while the global economy to grow by 5.8 per cent this year. However, the British economy might suffer more longer-term damage as compared to other G7 economies, as the impact of .....
