Unemployment in uk Unemployment in uk

Business / Verslas

Unemployment in the UK increased for the first time in two years

Experts speculate that an increase in unemployment means a long-term downturn in its downtrend. But PwC economist John Hawksworth believes that such data „is not a sign of weaknesses in the labor market“.

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Experts speculate that an increase in unemployment means a long-term downturn in its downtrend. But PwC economist John Hawksworth believes that such data „is not a sign of weaknesses in the labor market“.

„On the contrary, they show that previously inactive people began to look for work, part of them found work, while others are still looking and therefore are classified as unemployed,“ he said.

Bank of England

Analysts say the latest unemployment data reduced the likelihood that the UK central bank – the Bank of England – will raise its base interest rate in May. So far, he is predicted to do so.

Šaltinis: anglija.lt

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Business / Verslas

Government urged to renegotiate Brexit

British business exports to the EU fell by as much as 41% in the first 3 months of this year. As a result, the UK government would like to return to the negotiating table with the EU and renegotiate trade between them.

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Brexit

British business exports to the EU fell by as much as 41% in the first 3 months of this year. As a result, the UK government would like to return to the negotiating table with the EU and renegotiate trade between them. In the first month of this year, exports from the UK to the EU fell by as much as £ 5.6 billion.

Deteriorating indicators were also affected by the Covid-19 pandemic

The country’s closure, the Covid-19 pandemic, also undoubtedly affected the economy. Closed businesses, declining imports and exports have led to less money being raised in the country’s budget. However, with the opening of the economy, the country’s growth is expected to accelerate and the UK’s economic performance will improve.

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Business / Verslas

The UK economy contracted by a tenth in 2020

The UK economy contracted by a tenth in 2020

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Economy

The UK economy contracted by a tenth in 2020. The country ‘s economy contracted 9.9 that’s twice the annual drop than ever before. There is no doubt that this is due to domestic restrictions on coronavirus.

 

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Business / Verslas

A total ban on entry into the UK is proposed

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canceled british flights

January 27 The UK government has announced that citizens and residents of the country returning from high-risk countries will be required to isolate themselves for 10 days. The UK government’s decision will ban entry from 33 countries, including South America, South Africa, the United Arab Emirates and Portugal

Scientists say it is imperative to ban full entry into the UK

This ban will take effect in those states where a strain of coronavirus has been detected. However, according to scientists, it is mandatory to ban entry from all countries to prevent entry into the UK through third countries.

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