Economy

Britain to roll out record £400-bn public debt plan soon

Rishi Sunak, Chancellor, UK Treasury will be announcing the largest public borrowing program in the British history since the second world war next we...

  How Are the British Pubs Coping Up with The Second Lockdown?

Two weeks into the second lockdown in the UK, the situation of the Pubs in the country does not seem to be as bad as it was during the first lockdown....

G20 Summit: What are the key agenda points?

The exacerbated pandemic situation rampant across the globe has hit the nations with massive economic shocks. Amidst the faltered economic scenario, t...

UK Public Sector Borrowing Hit £22.3 Billion In October 2020, Highes...

The British government’s public sector net borrowing has hit £22.3 billion in October 2020, £10.8 billion more than what it was in O...

IMF says global economic recovery may be fading due to second wave o...

The International Monetary Fund has cautioned that the global economic recovery could be losing momentum with resurging infection rate in many nations...

What caused the Gfk consumer confidence to sink in November?

The monthly UK Consumer Confidence Index (CCI) published by market research firm Gfk has dipped to -33 for the first two weeks of November from -31 du...

Consumer Confidence in Focus Ahead of Christmas Rally

Consumer confidence is one of the most powerful economic indicators that influences the equity market. When there is high consumer confidence, people...

How much could a no-deal Brexit cost the United Kingdom?

  The failure to strike a favourable post-Brexit deal is going to be disastrous for Britain in more ways than one. From a steep fall in the econ...

Can Aviation, Pharma and Hospitality Be the Biggest Gainer of Early...

The arrival of the COVID- 19 vaccines is a bit overdue now. With the speculations of AstraZeneca’s AZD1222 vaccine candidate making a debut in S...

UK inflation rises to a 3-month high in October 2020 

UK inflation rose to a three-month high level in October, largely due to the hike in price rises of food, clothing and furniture. The inflation factor...

Will the British pound fall even with a Brexit deal?

  Till now, optimism and hopes about a favourable deal with the European Union have supported the pound. With the EU summit scheduled for tomorr...

COVID-19: Scotland to Move 11 Councils into Toughest Level of Restri...

In a bid to curb the COVID-19 infections, more than 2 million people will be placed under Scotland’s hardest coronavirus lockdown restrictions f...

Asia Pacific countries form the world’s largest trade alliance

Fifteen countries in the Asia-Pacific region have joined hands in the largest free-trade bloc ever witnessed in history. This comes after 8 years of n...

What has been the impact of the new restrictions on the UK economy?

According to media reports, the latest Covid-19 restrictions are impacting the British economy less severely than the first lockdown imposed in spring...

How Brexit Can Help the UK’s Thriving Technology Sector Sail Further

The business won’t be as usual in the UK from January 2021. Brexit will bring various structural and operational changes to many industries and...

UK PM Boris Johnson Self-Isolating After Possible Coronavirus Exposu...

UK Prime Minister Boris Johnson got into self-isolation on Sunday night after he came into contact with a parliamentarian who tested positive for COVI...

What Does BRC And Shoppertrak Data Indicate About the Present Situat...

The second national lockdown seems to have weighed down heavily on the non-essential retailers. With over a million active coronavirus cases in UK, a...

What does Biden taking the throne mean for US-EU trade relations?

With Joe Biden elected as president of the United States, a lot is set to change, particularly in the trade sector. The harsh views maintained by the...

Business secretary: Government has provided monetary aid worth £200...

With the ongoing term of second lockdown in the United Kingdom, the fears of a strained business activity have been anticipated by most of the sectors...

UK economy grew strongly in Q3 as lockdown measures eased

  The gross domestic product (GDP) for Britain grew at a record pace of 15.5 per cent for July to September 2020 quarter, reflecting a strong re...