Economy

BoE Asks Bankers to Keep Liquidity Tap Open to Help Households, Busi...

Source: Tupungato, Shutterstock Summary The Bank of England asked banks to continue lending to companies and households. BoE said UK banks can...

Report: 840,000 Brits Have Rent Dues, Landlords’ Body Warns of Risin...

Source: Srdjan Randjelovic, Shutterstock Summary A report has found that 840,000 tenants have arrears in rent since the lockdown began. The rep...

How Prices of Products Will Go Up Due to Suez Canal Blockade

Source: Leonardo da, Shutterstock Summary The Suez Canal, built in 1869, is a strategic location as it connects the Red Sea with the Mediterrane...

Why the UK Unemployment Rate Fell for The First Time Since the Pande...

Source: Tong_stocker, Shutterstock Summary The Office for National Statistics reported that UK’s unemployment rate fell to 5% in January,...

Experts Bump Up 2021 Global GDP Forecasts on Recovery Hopes

ntinued government support seems necessary to drive economic recovery in the period ahead. The continuing rollout of COVID-19 vaccines worldwide...

UK Govt Borrowed £19.1 Bn In February, Highest In 28 Years

Source: Freedomz, Shutterstock Summary The UK government borrowed £19.1 billion in February, the highest since 1993. The fiscal deficit f...

Brexit Woes: Exports to UK From Europe Sank by Record 27.4% In Janua...

Source: MOLPIX, Shutterstock Summary Latest data show exports to the UK from Europe fell by 27.4 per cent to €18 billion in January. Brita...

The Economic Corner

Source: vwhiteMocca, Shutterstock Welcome to the Economic Corner – where we update you on all the biggest global economic announcements. The F...

BoE MPC March 2021: Rates Kept At 0.1%, Policy Stance Remains ‘Appro...

ee has kept the policy stance “appropriate” at its meeting ended on 17 March 2021 The Bank of England (BoE) Monetary Policy Committee...

Biggest Global Economic Updates

Source: Sittipong Phokawattana ,Shutterstock Welcome to the Economic Corner – where we update you on all the biggest global economic annou...

Top 5 developments from Australia and world

Source: Tendo, Shutterstock Summary Fed Chair Jerome Powell said that it was too early to discuss tapering off measures to support the stru...

Why UK Banknotes Should Feature More Women Achievers in Future 

Source: MiniStocker, Shutterstock  Experts and economists have raised the need for more women to be celebrated on British ba...

Which Were the Winning Sectors in The UK Budget 2021

ptember, where employees will continue to receive 80 per cent of their salary UK Chancellor of Exchequer Rishi Sunak announced his second annual...

Why the UK Exports to EU Fell by Record 41% In January

Source: Travel mania, Shutterstock  Summary UK’s exports to the EU fell by a record 40.7 per cent in January due to Brexit, stockpili...

Know What’s Latest in Global Economic Calendar

Source: dokurose, Shutterstock Summary The US Senate’s approval of USD 1.9 trillion relief bill has fuelled optimism in the global economy...

Week ahead: Will ECB cap the rising bond yields?

Source: Freedomz, Shutterstock Summary The decision about rising sovereign bond yields is on the cards as the European Commercial Bank (ECB) mee...

Why Is the UK Government Facing Backlash from Education and Health U...

Source: Sensay, Shutterstock Summary The Boris Johnson government is facing backlash from the education as well as the health sector after it an...

Budget 2021: What did Rishi Sunak miss out?

ange. The Budget has not touched upon social care funding proposals. On Wednesday, Chancellor Rishi Sunak read out how the government would plan...

How Bond Yields impact an economy

Source:husjur02,Shutterstock Summary US 10-year Treasury yield crossed the 1.6% mark and hit a one-year high last week following vaccine rollout a...

Why February Recorded the Worst Car Sales Since 1959

Source: Mikbiz, Shutterstock Summary New car registrations in February fell 35.5 per cent annually, SMMT data showed. SMMT fears that March, wh...