Economy

PM Boris Johnson To Visit India In January In A Bid to Boost Jobs an...

UK Prime Minister Boris Johnson will be travelling to India in a move that is intended to buttress the strategic relationship, boosting job prospects...

UK’s Unemployment Climbs To 4.9% In October Quarter, Hospitality Sec...

The official figures have reported that UK companies had 819,000 fewer workers on their payrolls in November than at the start of the pandemic. The fi...

Covid Restrictions in London May Not Ease Soon as All 32 Boroughs Se...

Following an exponential rise in coronavirus cases in the last one week, London, Hertfordshire and Essex will move into the toughest tier of Covid-19...

British Insurers Extend Support Yet Again for Covid-19 Until March

The probability of coming out of the adversities caused by the pandemic is getting stronger on the backdrop of a potential Covid-19 vaccine. Amid the...

UK and EU Agree to Continue Brexit Deal Negotiations for Viable Solu...

Unable to come on a fruitful agreement, UK Prime Minister Boris Johnson and European Commission President Ursula von der Leyen have said they would ke...

Green energy: Government announces plans to support 220,000 British...

The UK government said that it is planning to support around 220,000 jobs across Great Britain as part of the Green Industrial Revolution project. The...

UK Manufacturers Body Warns of a Knockout Blow If Brexit Deal Not Se...

As the UK and EU make best efforts to clinch a Brexit deal, Make UK has stated that in the absence of a trade deal, it will render a big knockout blow...

Oil prices jump with hope of rising demand

  Brent crude crossed $50 a barrel last week for the first time since March this year, signalling hopes of the long-awaited rise in oil demand....

Pound falls with rising fears of a no-deal Brexit

  The pound sterling dropped by 1.2 per cent against the US dollar on December 11, reaching a four-week low value of $1.31, after Boris Johnson, the...

How significant is the Singapore Trade Deal for the UK?

  The UK has signed a free-trade agreement (FTA) with Singapore, paving its way into the Asian market. Liz Truss, the International Trade Secret...

 November Retail Sales in The UK Decline, High Street Footfall Fell...

  The retail footfall data published by BRC ShopperTrak for the month of November clearly shows the deep damage the industry suffered because of...

UK government might drop key clauses in case of a Brexit deal

The UK government said that it could remove those clauses in its legislation which breach the Brexit deal with the European Union. It might also revie...

Britannia Named the Worst Hotel Chain, Sofitel The Best in the UK

The consumer group Which?’s annual ranking has named Britannia as the worst hotel chain in the United Kingdom for the eighth consecutive year. T...

Brexit talks continue but remain at a critical juncture

Day long negotiations continued over a post-Brexit deal between the UK and the EU on December 4 but just before 7 pm, Britain cautioned that there wer...

 UK Relaxes Quarantine Rules for Business Travellers

  The United Kingdom has decided to relax its quarantine rules for incoming business travellers who will be coming by air. This rule will be imp...

Forex Friday: GBP swings at 12-month high, USD slips to a 2-½-year l...

The persisting volatility in the financial markets due to the coronavirus pandemic-led disruption in the apparently smooth international trade has tri...

British factories record fastest growth in 3 years

The UK Manufacturing Purchasing Managers’ Index (PMI) climbed to 55.6 in November, up from 53.7 in October, bringing cheer for the sector. Howev...

Tier-Based System Goes Live, Boris Faces Tory Rebellion

The tier-based lockdown plans proposed by the British Government have finally received the approval from the parliamentarians in the House of Commons...

Main economic boost from vaccines to follow later: BoE

Silvana Tenreyro, policymaker, Bank of England said that the principal economic boost from the ongoing vaccination progress would only come once the C...

Missed Black Friday Sale? Here are Cyber Monday Deals 2020 in the UK

The Black Friday is the Friday after Thanksgiving Day, but if by chance you miss shopping on that day, Cyber Monday falls on the following Monday and...