As 2021 begins, so does trading. And now the trading year begins with a bang as the FTSE 100 finished the first day of trading by getting 1.7%. Sterling also saw a slight improvement as it reached above $1.37 for the first time since 2018. Both of them are examples of two very vital trends. First, the United Kingdom shares look very undervalued compared to other countries … [Read more...] about Brexit is Done, What is Next for the UK Stock Market?
A new study showed that millions of migrants had left the United Kingdom, marking this as the largest population decline since World War II. From July 2019 to September 2020, more than 1.3 million people who were born abroad decided to leave the United Kingdom just over a year of being there, according to the UK's Economic Statistics Centre of Excellence or ESCoE on January … [Read more...] about Brexit and COVID-19 Pushes Millions of Immigrants to Leave the UK for Good
Weeks after the finalization of the Brexit deal, the UK government is now exploring reforms to the workers' rights that would break from the rules set by the European Union, and this change could potentially open Britain up to retaliatory measures from the bloc. Officials have made a couple of proposals that would scrap the 48-hour limit set on the length of the working … [Read more...] about UK Government Now Seeks Worker-Rights Reforms After Brexit Deal
The economy is facing its darkest hour because of the third COVID-19 lockdown caused by the newly detected strain. This hiccup could delay the recovery of the country, the Bank of England governor has warned. On January 12, Andrew Bailey echoed the warnings from Chancellor Rishi Sunak who said that the economy “is going to get worse before it gets better." Bailey said … [Read more...] about UK Economy to Face its “Darkest Hour” as Third COVID-19 Lockdown Takes its Toll
The United Kingdom has a heartbreaking start to the year. Aside from being forced to go on a lockdown for the third time, it has been reported that the UK economy decreased by 2.6% in November 2020 as the lockdown restrictions in England affected economic activity. Although the recorded number was from last year, its effects will be greatly felt in the first quarter of 2021. … [Read more...] about UK Suffers a 2.6% Dive in the Economy as Per November 2020 Figures