UK recovery quickens in April as economy posts record annual jump
Britain’s recovery from the COVID-19 pandemic sped up in April as lockdown measures eased, with the fastest monthly growth since July leaving output a record 27.6% higher than a year earlier, when the virus was rampant and lockdown tightest.
Gas Industry Should Embrace Innovative Learning Technologies, says eCom Scotland
The gas industry’s professional engineering institution, the Institution of Gas Engineers and Managers (IGEM), held its inaugural safety conference on 9th June. Supported by the Gas Industry Safety Group (GISG), the conference was held online. Conference delegate, Helen Robertson, of the digital learning and assessment specialist, eCom Scotland, commented, “Safety being a vital pillar of […]
The United States brushes aside the possibility of a post-Brexit trade agreement with the United Kingdom.
While the United States is the world’s largest economy, Britain’s trade with the EU accounts for a much greater percentage of its annual GDP. That’s why Prime Minister Boris Johnson’s government made it a top priority to negotiate a deal that would prevent tariffs from being imposed on trade between the UK and the EU. […]
UK’s lowest-paid workers face highest jobless risk: research
Britain’s lowest-paid workers, already hardest hit by the COVID-19 pandemic, will be most at risk from expected rises in unemployment and job insecurity later this year, researchers said on Monday.
UK’s Sunak says world is watching as G7 debates tax reform
Britain said the world was relying on a gathering of some of the richest nations to agree reforms to outdated global tax rules, as finance ministers from the Group of Seven started a two-day meeting in London on Friday.
Only 13% of NatWest staff to return to office full-time
Britain’s NatWest (NWG.L) expects only about 13% of its staff to return to primarily office-based working, the lender said on Tuesday as it revealed a three-pronged approach to post-pandemic working habits.
UK house prices jump by 10.9%, could speed up further- Nationwide
British house prices jumped by an annual 10.9%, the most innearly seven years, and they look set to accelerate further as people seek new homes after the pandemic, mortgage lender Nationwide said.
What you need to know about the coronavirus right now
Here’s what you need to know about the coronavirus right now.
M&S’s annual profit slumps 88% as COVID crushes clothing sales
British retailer Marks & Spencer (MKS.L) on Wednesday reported an 88% slump in full-year profit, reflecting a collapse in clothing sales due to the COVID-19 pandemic, and warned investors not to expect a dividend in the current year.
UK competition regulator looking into $39 bln AstraZeneca-Alexion deal
Britain’s competition regulator is reviewing AstraZeneca’s (AZN.L) $39 billion buyout of U.S.-based Alexion (ALXN.O) on concerns it could reduce competition in the UK market or elsewhere.
