Brits ‘substantially’ more likely to experience food shortages than EU neighbours December 22, 2021 Brits are “substantially” more likely to have experienced food shortages in recent weeks in comparison with the UK’s European neighbours, according to the latest figures. Some 56 per cent of the UK have been met with fewer options for food, clothing, certain toys and electronic devices, a study by YouGov has found, as the country’s [...]
City firms launch recruitment drive despite Brexit warnings April 14, 2022 City firms are scrambling to snap up the best talent in the financial services industry, suggesting the London jobs market has shaken off post-Brexit gloomy forecasts, reveals a closely watched survey published today. Banks, brokers and insurers in the Square Mile are recruiting for 73 per cent more roles in the first three months of [...]
Six UK cases: Fast-spreading Lambda variant puzzles Covid scientists due to ‘unusual set of mutations’ July 4, 2021 A Covid-19 variant called Lambda has left Scientist from the World Health Organisation puzzled due to its ‘unusual set of mutations’. The Lambda strain, denoted as C.37, was first discovered in Peru and has spread to nearly 30 countries in the last four weeks, including Argentina and Chile, according to the Financial Times this weekend. [...]
Blinken’s unmistakable warning to China: US will fight aggression and defend rules-based system February 11, 2022 America and its allies must stand up for a rules-based system threatened by Chinese aggression, US secretary of state Antony Blinken has warned although he stressed a confrontation with China is not inevitable. Blinken spoke shortly before a meeting with the foreign ministers of Australia, India and Japan in Melbourne. The four nations form the [...]
Politics in 2023: A look back at the highlights – and low points – of the year December 28, 2023 As Rishi Sunak runs out the clock towards polling day, we take you back through the political highlights - and low points - of 2023.
Norway sovereign fund loses more than $150bn thanks to tech rout August 17, 2022 Reuters Norway’s sovereign wealth fund, the world’s largest, made a record loss of 1.68 trillion Norwegian crowns ($174 billion) in the first half of 2022 as stocks and bonds were hit by global recession fears and rampant price inflation. The $1.3 trillion fund’s return on investment was a negative 14.4% for the January-June period, which [...]
New year, new record: S&P 500 hitting new high on first day of 2022 is sign investors remain bullish about stocks January 4, 2022 The new year start off with a bang for global markets as Wall Street recorded record highs for the S&P 500 and the Dow Jones Industrial Average. The S&P 500 rose 0.6% and the Dow finished 0.7% higher. Both indexes eclipsed the record highs they set last Wednesday. The Nasdaq composite rose 1.2%. Technology stocks [...]
Drinks sales boosted by office return as bars slowly recover from Omicron hit February 3, 2022 Drinks sold at pubs and bars in Britain edged closer to pre-pandemic levels, in levels not seen since last November. Average drinks sales by value in managed pubs, bars and restaurants for the week to Saturday 29 January were eight per cent below the same period in 2020. This was the first time the weekly [...]
Collision of pandemic and Brexit pushes £18bn loss in travel services trade November 22, 2021 The collision of the pandemic and leaving the European Union (EU) has tipped an £18bn loss in travel services trade, according to the latest figures. While total service exports and imports grew in the second quarter, trade in services remained well below levels seen prior to Covid-19, the Office for National Statistics (ONS) revealed. Weaker [...]
Inflation erodes UK real pay rapidly despite record wage increases as 137,000 Brits return to workforce February 14, 2023 UK take home pay is falling at one of the fastest paces since records began over two decades ago despite wage growth racing ahead at the quickest rate outside the pandemic, official figures out today reveal. Real pay fell 4.3 per cent over the three months to December last year when using the consumer price [...]