UK Economy

French and German educational tour operators bringing up to 750,000 schoolchildren to the UK each year have warned that stricter entry requirements after Brexit would likely halve the number of young Europeans visiting Britain. “We have already seen a sharp drop in interest,” said Edward Hisbergues, sales manager of leading …

The number of UK workers on leave fell by more than 880,000 last month, another sign that the economy is picking up. At the end of April, 3,435,400 people were registered with the job retention program for coronaviruses (CJRS), against 4,319,100 at the end of March, reports the HMRC. The …

LONDON (Reuters) – UK Finance Minister Rishi Sunak has said a US proposal to focus on the world’s 100 biggest and most profitable companies under a global tax deal could work, but he insisted that big tech companies have to pay more taxes in the countries where they operate. . …

A stamp duty reprieve and shifting demands pushed UK house prices up more than expected last month at the fastest annual rate in nearly seven years, the Nationwide Building Society has revealed. The UK’s National House Price Index rose 1.8 percent in May from the previous month, taking the average …

The survey of hundreds of purchasing managers indicated a rapid pick-up in orders and employment (PA Archive) “/> UK manufacturers reported growth at a record pace in May, according to a closely watched survey that will add to reasons for economic optimism. The survey of hundreds of purchasing managers indicated …

European stocks posted their fourth straight month of gains, as confidence in the region’s economic recovery strengthens and its vaccination program accelerates. The aggregate measure of MSCI’s shares across Europe has risen nearly 4 percent since the end of April, bringing its year-to-date gains to 12 percent in US dollars. …

A free trade agreement between the UK and Australia is underway to include a controversial system of secret courts that will allow companies to seek compensation if their profits are affected by government policies. In a move that alarmed unions and anti-poverty activists, Trade Minister Greg Hands said UK negotiators …

Conservative MP John Redwood spoke to the Express and reflected on the economic challenges facing the country. Speaking to the Express, Redwood insisted the UK can expect an economic rebound. He noted that the faster Boris Johnson relaxes coronavirus restrictions, the faster the economic rebound. He also praised the financial …

But the fact that uncertainty hangs over the business world – especially the hard-hit hospitality sector – risks hurting profitability in the months to come. Today the so-called Indian and “triple mutant” Yorkshire variants, tomorrow who knows? In this scenario, June 21 could be a temporary respite at best. Are …

Some of the changes proposed in the employment bill would help organizations get back to workShutterstock A big surprise in this year’s Queen’s Speech was the omission of the long-awaited Jobs Bill. What does this mean for labor rights as we emerge from the pandemic? Russell Dann describes recent developments …