AUS
NZ
UK
CA
USA
IND
Economy
Why UK Government Is Denying Support to Biden’s Minimum Global Business Tax
May 17, 2021 02:05 PM BST| By Suhita PoddarSummary The UK wants the US and others to focus on bringing in provisions that make large MNCs pay more tax in the nation where they are operating. Biden’s plan could put a brake on shifting out of multinational companies out of the US wi.....
Violators Under Watch as Government Plans to Resume International Holidays
May 15, 2021 03:57 PM BST| By AbhijeetSummary The Department for Transport and the Civil Aviation Authority have been working closely to resume the international holidays on or after Monday, 17 May Between 11 February and 27 April 2021, the Civil Aviation Authority has issued as ma.....
Brexit has messed up UK’s geo-political relations with EU, US
May 15, 2021 03:46 PM BST| By Suhita PoddarSummary The Brexit has complicated UK’s bilateral relations with many countries. France threatened that it would withdraw electric supply to self-governing Jersey After Trump’s tenure, Joe Biden is keen on renegotiating and rebuildi.....
Can inflation woes spark a firestorm in global markets?
May 14, 2021 06:47 PM BST| By Furquan MoharkanThe global equity markets are witnessing a sizeable correction. The reason? The credit may become costlier for the companies. In the past seven days, two data sets on inflation came to light, and both presented a grim picture. The United States, the...
After 6.7% Job Decline In 2020, Where Does US Solar Industry Stand?
May 14, 2021 06:05 PM BST| By Team Kalkine MediaYear 2020 saw significant workforce reductions in nearly all sectors due to COVID-triggered shutdowns, and the solar industry wasn’t an exception. Despite record installations of solar capacity last year, the United States recorded 6.7 per cen...
How ESG and sustainable investments are changing investments, businesses
May 14, 2021 03:45 PM BST| By Suhita PoddarSummary In last one decade, the countries worldwide have been promoting ESG issues. Studies have proved that an efficient ESG strategy can see a growth in profits and also make your business more future ready. Studies have stated that ESG rati.....
Majority of Businesses Will Not Require Vaccination Proof: BCC Survey
May 14, 2021 02:55 PM BST| By AbhijeetSummary A survey by BCC finds only 5% of firms have so far implemented vaccination proof requirement. Nearly 69% said they have no plans to put in place a vaccination proof requirement. 76% of firms said they expect social distancing to stay i.....
Post-Brexit Historic Shift: UK’s non-EU imports higher than EU imports in Q1 of 2021
May 12, 2021 03:29 PM BST| By Suhita PoddarSummary January-March 2021 became the first quarter in which UK’s non-EU imports were higher than imports from EU nations. Total imports were £14.5 billion or 12.3 per cent lower than the imports in the previous quarter. For the fi.....
UK Economy Recovered from Pandemic Lows in March, Claims New ONS Data
May 12, 2021 02:42 PM BST| By AbhijeetSummary The national economy grew by 2.1 per cent in March. The growth was driven by sectors, such as education, retail, health, manufacturing, and construction. However, the British GDP shrank by 1.5 per cent during the first three month of 2.....
US Economy Adds Record 1.8 Mn New Jobs in March As Hiring Slows
May 12, 2021 12:05 AM BST| By Team Kalkine MediaSummary Food and accommodation sector creates the highest number of jobs at 185,000, followed by the education department at 155,000, and entertainment and recreation at 81,000. However, the number of jobs in the healthcare and social assistanc.....
US Employment Numbers Fall Short of Expectations in April 2021
May 09, 2021 04:56 AM BST| By DaminiAgainst widespread forecasts of the US economy adding about 1 million jobs in April 2021, the latest employment report released by the Labor Department showed that the economy added a disappointing 266,000 jobs last month. The report came as a sur.....
Net Zero Emissions: How UK Companies Are Trying to Achieve the SDGs
May 08, 2021 03:40 PM BST| By Team Kalkine MediaSummary Sustainable Development Goals have been gaining a lot of attention in the last couple of years Britain has retained its position as one of the top 14 nations in the world, with SDG reporting rates above 90%. United Nations (UNs) bl.....
UK Construction PMI Expands in April, Highest in Over 6 Years
May 07, 2021 03:27 PM BST| By Suhita PoddarSummary The IHS Markit-CIPS construction PMI recorded a value of 61.6 in April. Firms recorded good growth particularly in the segments of housebuilding, commercial activities, and civil engineering. The survey findings indicate that the Briti.....
How UK Grasslands Can Help It Achieve Its Net Zero Carbon Goals
May 07, 2021 03:21 PM BST| By Team Kalkine MediaSummary Among the many sectors that contribute to emissions in the UK is agriculture Experts have said that the grasslands, and woodlands can store two billion tonnes and one billion tonnes of carbon, respectively. Many UK industries, inc.....
UK Would Need 410,000 Jobs in Small Businesses to Aid Recovery
May 07, 2021 07:18 AM BST| By Suhita PoddarSummary A study found that the UK would need 410,000 jobs in small businesses in order to return to the pre-Covid growth path. In the UK, job losses in small business seem to have been almost double of the job losses seen in big businesses. .....
.jpg)
Bank of England Sees UK’s Economic Growth At 7.25% In 2021
May 06, 2021 04:40 PM BST| By Suhita PoddarSummary BoE has kept the interest rate unchanged at the existing all-time low level of 0.1 per cent The BoE’s May Monetary Policy Report noted that the economic activity picked up a stronger momentum during the recent months than was earl.....
UK services sector records highest reading since 2013
May 06, 2021 02:49 PM BST| By AbhijeetContinuing the growth trend in 2021, the UK services sector bounced back sharply in April, largely driven by a meaningful surge in the consumer, as well as business spending. According to the IHS Markit/CIPS, the UK Services PMI rose to 61 in April.....
.jpg)
New Investment Deals with India To Boost the Economy and Employment
May 04, 2021 06:10 PM BST| By Suhita PoddarSummary The £1-billion UK-India trade deal announced to generate 6,500 UK jobs will mainly focus on the healthcare and technology sectors. The partnership is expected to be a steppingstone for a future FTA between the two nations. These .....
Crucial events that can sway global markets this week
May 03, 2021 02:06 AM BST| By Furquan MoharkanThe rally in the global equity markets has flattened in last few months. Mixed macro numbers numbers and India’s burgeoning COVID-19 numbers are holding the rally. Last week as well, the global equity markets were flat, primarily because of t.....
£5-bn Project Gigabit to Ensure Connectivity for Hard-To-Reach Homes and Businesses
April 30, 2021 05:25 PM BST| By AbhijeetSummary The UK government has set out a multi-billion infrastructure project to bolster the connectivity in the hard-to-reach areas Following the successful completion of the infrastructure project, the families and enterprises that were facing.....
