The British government shut down rumors among migrants and refugees in Calais about the possibility of seeking asylum after Brexit. The government, in fact, has stressed the opposite. Undersecretary of state Chris Philip, in charge of immigration at the Home Office, told British PA news agency that the rumors of being able to seek asylum in the UK were false. Philip … [Read more...] about UK Government Denies Rumors About Opening Boarders for Additional Asylum Seekers
UK’s Skilled Migrants in Fear of Being Deported
The Migrant Rights Network UK has accused the British Home Office of criminalizing 65 highly skilled migrants and leaving them in legal limbo. In a new report, the highly skilled migrants are threatened with being deported, reinforcing a devastating impact on their lives. UK Migrants in Danger High skill migrants, even those that have stayed in the United Kingdom for years … [Read more...] about UK’s Skilled Migrants in Fear of Being Deported
International Monetary Fund is Doubting UK’s Fast Economic Recovery in 2021
The International Monetary Fund or IMF has downgraded the forecasts for the United Kingdom's recovery in 2021. Thanks to the accelerating vaccine rollouts, the global economy's expansion are expected to quicken this year. The IMF illustrated the severe impact of the coronavirus pandemic on the UK economy and stated that in its latest forecast, the national income of the … [Read more...] about International Monetary Fund is Doubting UK’s Fast Economic Recovery in 2021
Market Rout Affects UK Pound’s Standing Against Euro and US Dollar
The British Pound has now eased back against its key rivals, the Euro and the US dollars, despite the tumultuous session for the stock market that has seen the gains in 2021 that was erased in just hours. This is, unfortunately, creating a ripple effect on the financial marketplace. Pound Sterling had suffered a setback following a deep slump in global stock markets. … [Read more...] about Market Rout Affects UK Pound’s Standing Against Euro and US Dollar
UK Pound is Edging Up Against Euro, Coronavirus Vaccine Could Help it Persist
The UK pound has suffered these past few years and took a massive slump after the Brexit deal was sealed. But luckily, things are looking positive for the pound as it keeps on edging up against the euro in the market. There are a lot of economic reasons as to why that could be. Investors and the public were in no doubt impressed with the fast vaccine rollout in the United … [Read more...] about UK Pound is Edging Up Against Euro, Coronavirus Vaccine Could Help it Persist