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United Kingdom

UK job vacancies hit record high following restrictions lift

The number of job vacancies rose to over 950,000 — the highest level since records were started in 2001.

Travel News

Boris Johnson: We need to get the travel industry moving again

The UK looks set to introduce a new set of 'simple' travel restriction categories, including 'amber watchlist'.

United Kingdom

China overtakes Germany to become UK's largest import partner

Uncertainty over Brexit and the COVID-19 pandemic have hit Britain's imports from Germany but boosted those from China.

United Kingdom

UK economy shrinks by only 1.5% in first quarter despite lockdown

According to official statistics, the economy even managed to grow by 2.1 per cent in March when the country began easing some restrictions

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United Kingdom

UK economy to record best year since 1941, Bank of England says

The Bank of England said that its revised forecast — it previously estimated that the UK economy would grow by 5 per cent this year — was down to the country's fast vaccine rollout which should enable the economy to reopen quicker than initially thought.

United Kingdom

Brexit: Quarter of small UK firms have temporarily suspended EU sales

Increased paperwork and border checks have put small UK businesses under strain and left them wondering if exporting to the bloc is worth the hassle, a new survey shows.

Travel News

Will Harry and Meghan’s revelations reduce visitor numbers to Britain?

We spoke to travel experts to find out if tourists could be less inclined to visit the UK following the couple’s comments.

United Kingdom

What has Rishi Sunak announced during the UK's 2021 Budget?

The British government on Wednesday announced new measures to provide a lifeline to workers and businesses hit by the COVID-19 pandemic.

United Kingdom

Coronavirus sends UK debt over £2 trillion for the first time

The coronavirus pandemic's had an unprecedented impact on borrowing.

United Kingdom

COVID-19: 649,000 fewer people employed in UK since lockdown began

Official figures from the Office of National Statistics (ONS) show record-breaking economic inactivity in the UK with 649,000 fewer workers on payrolls.

United Kingdom

Sunak slashes VAT on tourism and hospitality from 20% to 5% til Jan

The UK Chancellor announced a new round of fiscal measures to improve the outlook for the British economy post-pandemic.

United Kingdom

What we can expect from UK Chancellor Rishi Sunak's summer statement

The UK's Chancellor is set to announce another round of measures to ease the economic impact of the COVID-19 pandemic.

United Kingdom

Coronavirus: UK economy suffers record 20.4% contraction

This drop is almost ten times larger "than the steepest pre-COVID-19 fall". Wholesale, retail and motor trades were the worst-affected sectors.

United Kingdom

Euroviews. The levy to fight financial crime in the UK could prove a breaking point for regulated firms ǀ View

Why it should be the businesses in the regulated sector rather than the state that should have to fund the fight against financial crime? These businesses are the gatekeepers to a financial and economic system that is open to abuse by money launderers and terrorist financiers.

Economy

British government spent at least €5 billion preparing for Brexit

UK government departments prepared for #Brexit planning for both a 'deal' and 'no deal' scenario, following the 2016 referendum. Here's the bill.

United Kingdom

Andrew Bailey appointed first post-Brexit governor of Bank of England

The incoming Bank of England chief will come in just as the UK is departing the European Union.

United Kingdom

Euroviews. Brexit: What European businesses should prepare for now ǀ View

While Brexit will inevitably affect different areas of any European or global business, if companies can be adaptable, they stand in better stead to weather the storm. While it may be costly now, being prepared for any outcome is the best current approach to an uncertain political climate.

United Kingdom

Euroviews. Longer lives mean seasoned employees will need help to adjust to digital workplaces ǀ View

Once considered a hindrance to the ageing population, technology has the potential to bridge the gap between the seasoned worker and the savvy millennial with a start-up attitude.

Business

UK economy returns growth in July

Britain's gross domestic product increased more than expected in July dampening fears it will succumb to its first recession since the financial crisis as the Brexit crisis escalates

United Kingdom

'Operation Yellowhammer': Leaked memo warns of no-deal Brexit chaos

The document about preparations codenamed Operation Yellowhammer warns of a possible three month “meltdown” at Britain’s ports.