Tag Archives: UK

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 …

The British government has introduced some lockdown measures to face the second wave of the Coronavirus (COVID-19) pandemic. Prime Minister Boris Johnson spoke in front of the House of Commons on Monday, laying out a three-level alert system in England.

The UK economy grew by 2.1% in August M-o-M, as the country’s gradual recovery from the coronavirus crisis continued, albeit at a slightly slower pace. Estimated growth in UK gross domestic product for the month of August was below expectations, with economists in a Reuters poll forecasting 4.6% monthly growth. …

British home prices increased last month at the fastest annual pace since June 2016, data from the Halifax Mortgage Company showed on Wednesday, the latest sign of a housing market rally following the lifting of lockdown measures linked to the coronavirus pandemic. Home prices rose 7.3% compared to September last …

British Finance Minister Rishi Sunak said Tuesday that his country cannot continue to borrow huge sums in the long term because it is not sustainable for the economy. “It is clear that this year we have had to borrow huge sums to support the economy in a time of crisis, …