Economy

What factors led to a slow growth of UK’s GDP in the third quarter?

During the third quarter of 2021, the British economy witnessed a slower recovery than the earlier estimate. The Office for National Statistics (ONS)...

Sunak’s £1bn support package: Which sectors were left in the cold?

Highlights Chancellor, Rishi Sunak unveiled a support package worth about £1 billion for businesses hit by the new variant. The package incl...

How Brexit has affected UK in last one year

It has been a year since Britain has left the European Union (EU), and its impact on the economy is still not clear. When Covid-19 hit the world at th...

Will the Omicron variant derail Australia’s labour market recovery?

Highlights  The labour market seems to be ending the year on a positive note as overall employment reaches a record high and payroll jobs inch...

World Inequality Report 2022

We are residing in the hyper-capitalist world. Here, who earns more, owns more assets; and thus, lives a more comfortable life. We as a society have c...

Bank of England hikes interest rates for first time in pandemic era

The Bank of England, on Thursday, 16 December, in its terminal Monetary Policy Committee (MPC) meeting for 2021, raised the key lending rates by 15 ba...

Business sentiment improves: Will it reflect on the stock market?

Highlights The business confidence in the UK economy rose for the second consecutive month in November 2021. The rise in UK business sentiment...

New Covid checks: UK govt works on Plan B to control Omicron variant

Following the emergence of new Omicron variant, the Boris Johnson government has announced new measures to prevent the spread. It has decided to reint...

Government introduces fresh measures to contain Omicron variant

Following the emergence of the Omicron variant of Covid-19 (SARS-CoV-2) virus and growing uncertainty around the Covid activity, the government of the...

Omicron’s spread: How severely can it impact global recovery?

Highlights  The new variant of coronavirus, Omicron, has caused a lot of fear and concern amongst investors worldwide. Many countries hav...

Do you want to give crypto a shot? Here are few tips

The crypto space is becoming too large to ignore, and it's only getting bigger. From teenagers to millionaires, the crypto craze has gripped the...

UK Energy crisis: Reasons and repercussions

Highlights Entice Energy and Orbit Energy are the latest firms to collapse after they failed to pay their schemes dues. The UK government had...

How do Britons pay their taxes?

Highlights  Only 48% of Britons said they have total knowledge about how much tax they pay. Rest are still clueless about basic tax breakup....

How supply chain meltdown can affect your Christmas feast

Highlights  The UK’s supply chain crisis is causing shortage of products in supermarkets and rising inflation with warnings of shortages...

Japan mulls US request to use gas stockpiles, rations in BC after fl...

Highlights  Japan is considering tapping into its gas stockpiles after US’ request to India, Japan and China Under Japan’s law, i...

Stocks Vs Bonds: Which is better to invest?

Building wealth seems like a far-off fantasy for savers, especially the younger ones, and thus investing money is crucial to generate wealth in the lo...

Which is the Most Expensive Stock in Recent Times?

The stock market is immense and growing investors having high risk appetite may consider investing in stocks and if you are a prudent investor you sho...

Labour market activity improves as UK unemployment rate cools to 4.3...

The employment activity in the United Kingdom has been continuously improving as the businesses reopen at a much larger scale for the first time in th...

Glasgow summit: COP26 climate pact in a nutshell

After being overrun by a day, Saturday bought an end to the COP 26 UN Climate Change Conference hosted by the UK in Glasgow. Government represent...

Will 2022 be a normal year for world economy?

The present world economy is looming as several market changes are taking place around the globe. Be it the energy crisis, or the fall of China’...