Summary The European banking watchdog asked the banks using the UK as a gateway to the EU to fully execute plans before a Brexit to serve the European Union The Bank of England reported that the UK lenders approved 40,010 loans in June to buy h...
Summary As per the Confederation of British Industry data, the retail sales index improved to 4 in July 2020 from -37 in June 2020. The Bank of England is likely to assess the extension of the suspended dividends and share buybacks by the banks...
Summary The UK government mandated two weeks quarantine for travellers returning from Spain. The Gold prices touched an all-time high, and it was trading close to USD 1,937.65 per ounce (as on 27 July 2020, before the market close at 3:00 PM GM...
Summary As per the Recruitment & Employment Confederation data, the confidence in hiring and investing index increased to 4 in the first half in July from -9 in June. The retail sales in the UK were up by 13.9 percent month on month in June...
Summary As per the IHS Markit report, the UK's Household Finance Index increased to 41.5 in July from 40.7 in June. The reopening of the economy is supporting the household finances. The FTSE-100 index retreated 0.43 percent against the last cl...
Summary The UK's prime minister Boris Johnson announced a financial package of £3 billion to support the NHS. The BOE's governor Andrew Bailey stated that the UK's economy has started to recover; however, the job-focused sector remained ...
Summary As reported by the Office for National Statistics, Consumer Price Inflation (CPI) in the UK increased to 0.6 percent in June 2020 from 0.5 percent in May 2020. The Euro against the dollar was trading near four months high at EUR/USD 1.1...
Given the above market conditions, we will review two stocks - Coats Group PLC (LON: COA) & Motorpoint Group PLC (MOTR). The shares of both COA and MOTR were up by 3.63 percent and 6.19 percent, respectively, against the previous day closing (a...
Summary The UK government has stated that it would spend £705 million on border infrastructure. The UK government would expedite the immigration and visa process for the health and social care workers from January 2021. G4S expects six ...
Summary As per the industry experts, British Prime minister Boris Johnson would likely ask the businesses to bring back the workers. The government earlier announced incentives to employers who bring back people to work. Knights Group completed...
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