Domestic Affairs
British economy on the worst decline since the WW I, 2019 level postponed to 2022
The Bank of England expects the UK economy to take more time to recover from the corona crisis than previously thought. As a result, the main interest rate…
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TUI withdraws from routes to Spain
In a strange decision the government reintroduced quarantine rules on the hottest summer destination. From now travellers returning from Spain, including Canary islands, are subject to voluntary two…
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British retail fully rebound to pre-COVID level
Retail shopping is fully restored to February levels, but the consumer confidence is still negative. Does it means that depressed shoppers buy stuff out of the misery? Sales…
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No US trade deal before the president election in sight
British trade agreements were regulated at the EU level. With the Brexit done Britain needs to re-establish the bilateral agreements. The most important are those with EU and…
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Ryanair criticizes Irish quarantine rules, cancels one thousand flights
Ryanair points out that Irish government is still implementing an ineffective quarantine measures. As for now Ireland remains a single European countries with strict 14-day quarantine requirement on…
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UK allocates hundreds of millions for border posts and infrastructure
United Kingdom has to re-establish the borders to take control on its own territory, the movement of people and goods. The funds are allocated. The government is allocating…
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Inflation is the most stable of all core economic indicators
Despite the turmoil caused byu COVID-19 and the subsequent quarantine measures, the core inflation has barely changed in year to year comparison. It remains unknown where are the…
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