Tag Archives: UK

Significant progress has been achieved in trade talks between the United Kingdom (UK) and the European Union (EU), according to the British Minister of Finance, Rishi Sunak. “Prime Minister Boris Johnson recently spoke with European Commission President Ursula von der Leyen. “The prime minister set out that, while some progress …

The United Kingdom expects to receive about 10 million doses of the newly-developed Pfizer and BioNTech vaccine for COVID-19 by the end of the year, Reuters reported. The spokesman of the British Prime Minister Boris Johnson announced on Monday that the deal is pending regulatory approvals. Pharmaceutical giant Pfizer has …

Mortgage Halifax said British home prices rose in October at the fastest annual pace since June 2016, although there were signs of momentum dissipating as the COVID-19 pandemic escalated. Halifax added that house prices increased 7.5% in October compared to a year ago, and compared to a 7.3% annual growth …

The British Ministry of Finance is pumping GBP 200 billion in economic stimulus, Finance Minister Rishi Sunak announced on Thursday. This comes after the Bank of England announced that it has expanded its asset purchase program by GBP 150 billion. The move to purchase government debt will help the cabinet …

midst the US election chaos, UK Foreign Secretary Dominic Raab said in a statement on Wednesday, the lockdown will definitely end on December 2. The reassurance from Raab failed to offer any reprieve to the GBP bulls, as GBP/USD drops 0.86% to trade at 1.2941, as of writing. Earlier this …

British Prime Minister Boris Johnson announced Saturday, October 31, that England will adopt a second general lockdown with the spread of Coronavirus cases in the United Kingdom, which leads to the closure of all non-essential businesses, leaving schools open until December 1 while trying to suppress the virus. . Johnson …

The UK manufacturing and services sector activities showed mixed performance in October, the preliminary report from IHS Markit showed this Friday. The seasonally adjusted IHS Markit/CIPS UK Manufacturing Purchasing Managers’ Index (PMI) dropped to a three-month low of 53.3 in October versus 53.1 expected and 54.1 – September’s final reading. …

Official data revealed on Wednesday that the British government borrowed 36.101 billion pounds last month, which exceeds 33.55 billion pounds of forecasts by a Reuters poll, bringing borrowing in the first half of the financial year to a record level of 208.5 billion pounds. Separately, the Office for National Statistics …

British Prime Minister Boris Johnson said on Friday that it is now the time for the businesses in the UK to get ready for an Australia-type deal with the European Union. “Given the EU have refused to negotiate seriously, I have concluded we should get ready for an Australia-style deal,” …

British Prime Minister Boris Johnson said on Wednesday that the advice he has today suggests that the regional approach to lockdowns can bring down the R-rate, as reported by Reuters. “The whole point is to seize this moment now to avoid the misery of another national lockdown,” Johnson added but …