Domestic Affairs
Britain’s economy shrank 0.1 percent in February
Britain’s economy shrank 0.1 percent in February from a month earlier. It was reported by the British National Statistical Office. Economists generally expected the economy to grow by…
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Business confidence took a nosedive on corona virus worries
Business confidence in the United Kingdom has fallen sharply as a result of the pervasive new corona virus. Consumers are also less sure about the financial future. This…
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Ocado online supermarket buys corona tests for all personnel
British online supermarket Ocado, which has been working hard in recent weeks to provide hoarding British people with food, has bought 100,000 corona tests for its own staff.…
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Fitch downgrades UK credit rating
Fitch credit rating agency has lowered its rating for the United Kingdom. As a result, borrowing money for the British government may become more expensive. The strong support…
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Retail prices fell 0.3 percent
UK retail sales fell 0.3 percent in February compared to a month earlier. This was announced by the British National Statistical Office. Economists had generally expected an increase…
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Despite the lockdown, London’s subways are still packed
Although Prime Minister Boris Johnson called on the people Monday night to stay at home as much as possible, London’s subways, the epicentre of the British corona outbreak,…
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Airlines and ground infrastructures eligible for crisis aid package
UK Treasury Secretary Rishi Sunak is quick to announce an aid package to the airline industry that has been hit hard by the corona crisis and measures to…
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