Strikes are bad for the hospitality sector
The profit lost by UK pubs, hotels and restaurants to strikes in December was £1.5bn, British Hospitality Association (BHA) head of hospitality Kate Nicholls said on Friday.
"We have recorded cancell...
GPD in Q3
The UK economy contracted by 0.3% in the third quarter instead of the expected 0.2%. This is evidenced by a report released Thursday by the Office for National Statistics (ONS) of the ...
UK GDP
The United Kingdom's exit from the European Union (Brexit) has cost the UK £33bn in lost investment and trade revenue by June 2022. That is the conclusion contained in a study published on Wednesday by the Centr...
Labour force in the UK
Early retirement and an ageing population are among the main drivers of labour shortages in the United Kingdom. This was the conclusion reached by the authors of a report published on Tuesday by the House of Lords Economic Aff...
UK interest rates
The Bank of England has raised its rate for the ninth consecutive time, by 50 basis points, to 3.5 per cent per annum, according to a statement on the regulator's website.
"The Bank of England's Monetary Policy Committee (MPC) vot...
Chips from ARM
The British company ARM has decided to stop supplying the latest technology to China. This was reported by the Financial Times.
According to the newspaper, such a step of the manufacturer is connected with the fact that "the USA and ...
Financial sector reforms
The UK will carry out the first reforms to its financial sector after leaving the European Union (Brexit) to make it internationally competitive.
This was said by ...
Europe's financial capital
London will no longer be the financial capital of Europe after the UK leaves the European Union in February 2020. This was announced on Wednesday by Stephane Boujnah, CEO and chairman of Euronext stock exchange, in an inte...
Global stock markets
Two of the UK's most popular funds were hammered, notably the technology-focused Scottish Mortgage Investment Trust.
Seraphim Space Investment Trust was launched with great pomp last summer as a UK fund focused on space technol...
How the crisis is affecting teachers
One in ten teachers in British schools has to take a second or even a third job to feed his family amid the economic crisis in the country. This was reported on Sunday by the weekly newspaper The Observer, citing...
Price hikes
British regulator Ofgem announced on Thursday it would raise the electricity price cap from January, bringing the average price per kWh to 67p, up from 34p on October 1.
The en...
Trade between the two countries
Negotiations on the India-UK Free Trade Agreement (FTA) are "progressing well" and an agreement that works for both sides is more important than its signing date, UK Trade Policy Minister Greg...
Aid for poor countries
A majority of British residents believe the country is responsible for climate change and should provide financial assistance to developing nations in response to climate change. The results of a poll published on Thursday by ...
Defence spending
Adhering to the spending review for 2021, the Ministry of Defence budget will increase in cash terms from £47.9bn this year to £48bn in 2023 and then to £48.6bn in 2024.
Meanwhile, CPI inflation is expected to ris...
Economy of UK
UK GDP, according to preliminary estimates, declined by 0.2% between July and September 2022. This is stated in a report from the Office for National Statistics (ONS) of the United Kingdom.
The drop in GDP in the country was not as no...
Economic crisis
There is no way out of the current crisis in the British economy painlessly and with minimal losses. This statement was made on Thursday by the Governor of the Bank of England, Andrew John Bailey, at a press conference in London.
"I...
The global foreign exchange market
London's position as the most important international centre for foreign exchange and derivatives trading has benn weakened by stiff competition from other major financial players. The Financial Times reported this...
Key rate
The Bank of England intends to resort to a more radical than planned key rate hike in response to the current difficult situation in the UK economy. The regulator's governor Andrew John Bailey said this, according to Sky News television on ...
Pound exchange rate
The British pound lost 1.5% of its value against the dollar on Friday on news of the dismissal of the kingdom's Finance Minister Kwasi Kwarteng. According to The Daily Telegraph, £1 now fetches $1.12, compared to $1.135 in ...
Money lost
Up to £6.3 billion of welfare packages allocated by the British authorities to support employment during the COVID-19 pandemic have been lost as a result of 'misallocation' of funds. It was revealed in a report by the National Audit...
Companies rating
31 Mention
21 Mention
15 Mention
15 Mention
8 Mention
8 Mention
7 Mention
7 Mention
6 Mention
6 Mention
ENGLAND NEWS
News GlobalEng.biz -this is the latest and most up-to-date information about the resonant events that have occurred in the region. The task of the resource's news feed is to convey to readers information about important events in business, politics, economics, healthcare, culture and other spheres of life in England with maximum accuracy and objectivity.
News GlobalEng.biz - this is coverage of the economic processes taking place in England, the latest news of public life, incidents and an overview of political events. English news is information about the activities of small and medium-sized businesses, the work of housing and communal services, the implementation of significant projects. The site's journalists describe not only the life of the region, but also talk about the current state of the English economy. Everything you need to know about innovations in the field of industry and agriculture, economy and government is collected in the "News" section on GlobalEng.biz.
News of England promptly informs the reader, shows the real picture and opens up topical topics. Communication with government structures and business gives us the opportunity to provide our readers with reliable, information-rich material.
The main page of the portal contains the key news of England!
Alena Potapova
Development Director
