Economy

Post Brexit scenario: NI food supplies disrupted

Northern Ireland has seen shortages in few food products as retail chains adjust to the post-Brexit arrangements while importing food items from Great...

Brexit And Crucial Law Enforcement Activities: Joint Probes to Conti...

On Christmas eve, the United Kingdom signed a last-minute trade deal with the European Union to avoid the chaos that could have resulted in no-deal Br...

UK third lockdown: When can the restrictions be lifted?

British Prime Minister Boris Johnson and his cabinet had taken a huge risk after deciding to announce the third lockdown on Wednesday (6 January) owin...

US loses 140,000 jobs in December 2020

According to the latest employment data released by the US Bureau of Labor Statistics on 8 January 2021, the US's total nonfarm payroll employment has...

PM Johnson appoints Alok Sharma as full-time President of UN COP26

PM Boris Johnson on Friday, 8 January, designated former Business Secretary Alok Sharma as the full-time President of UN COP26 climate conference that...

Halifax Says Growth in House Price Is Slowing Down After the Boom

Britain’s biggest mortgage lender Halifax released its latest report on 8 January, which indicated that the average house price in the UK for th...

UK Records Highest Daily Toll of Covid-19 Deaths, NHS Staff to Be Va...

The hospitals in London are at risk of being overwhelmed as Friday witnessed the highest daily death toll since the onslaught of the coronavirus pande...

UK employment market strengthened in December, says REC survey

The UK jobs scenario has improved in December, before the new lockdown was imposed, according to the results of survey from Recruitment and Employment...

New car registrations in Britain dropped but EV sales up, says SMMT

The Society for Motor Manufacturers and Traders (SMMT) has said that new car registrations in the UK plummeted to a nearly three-decade low value last...

Chancellor Sunak announces lockdown grants of £4.6 billion to suppor...

Chancellor of the Exchequer Rishi Sunak on Tuesday, 5 January, announced “lockdown grants” to the tune of £4.6 billion in order to s...

Ireland’s national house price inflation surges by more than 6% in Q...

There has been an increase of more than 6 per cent in the national house price inflation in Ireland for the fourth quarter of 2020. As per the latest...

Stricter Lockdown Rules Could Be Imposed in England, Says Hancock

  England could witness stricter lockdown restrictions in the next few weeks with the invariably rising coronavirus cases at a time when the nat...

Ireland’s manufacturing sector shows growth in December, reveals sur...

The latest survey results published by the AIB and IHS Markit show that the Ireland's manufacturing sector has shown a good growth momentum in Decembe...

OPEC forecasts downside risks in H1 2021 as it contemplates boosting...

The Organization of Petroleum Exporting Countries (OPEC) members and their partners will be meeting today (4 January) to discuss output levels for the...

UK Government Issues Warning for New Year's Eve, Asks People to Rema...

‘The Boris Johnson government has asked everyone in England to stay indoors on New Year’s Eve in a bid to avoid spreading the virus. On We...

How 2020 Panned Out for Interest Rate Scenario Across Major Economie...

Central banks across the globe have resorted to low interest rates to stimulate economies suffering from a recession amidst the pandemic. Many countri...

UK Parliament approves the Brexit trade deal

  British prime minister’s trade deal with the European Union was approved by the UK Parliament last night, making it a law, just a day sh...

UK House Prices Continue to Rise in December

The year 2020 has been a tough one for the economy for most sectors across all the countries. But some sectors did well as compared to others. If we t...

Brexit deal approved by the EU governments, UK votes on it today

EU, the 27-nation economic block has approved the post-Brexit trade deal with the UK, which will allow it to be provisionally applicable from January...

How Central Banks Changed the Course of 2020?

Central banks across the globe have constantly been innovating and finding new solutions to combat the economic strain caused by pandemic. Amidst the...