Photo: Afghan National Police The British economy stopped at zero growth in the third quarter of this year. Therefore, the chances of a UK recession appear to have diminished. However, economists fear that the British economy is heading into a prolonged period of stagnation, or zero growth, as the country’s…
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Lawyers are doing golden work thanks to Brexit
As the UK goes through one of the most complex divorces in its history as it exits Europe, the country’s top law firms are doing gold work. Levin DesmetApril 3, 201906:00 It’s a joke: In divorce there are no winners, only alternate attorneys. Well, this cynicism appears to apply to…
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An electric cable with a length of 3,800 km between Morocco and the United Kingdom
April 28, 2021 – 12:40 – Economy © British energy company Exlinx wants to build a 3,800-kilometre-long submarine electricity cable between Morocco and the United Kingdom. Energy generated sustainably in Morocco must be transported to the UK via this cable. The power plant that Xlinks wants to build in Morocco…
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The peak of inflation in the West appears to be behind us: inflation is also starting to weaken in the UK
By Nils SilencePosted on Wednesday, December 14, 2022 to 2:10 pm• 4 1 minute read Inflation appears to have peaked in many western regions. After the US and the Eurozone, we are also seeing weak inflation in the UK. Why is this important? Several western regions have published November inflation…
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London prepares for a new subway strike Economy
05 jan 2024 om 20:44 Update: 2 dagen geleden London Underground is unlikely to continue running for most of next week. RMT union members go on strike to demand higher wages. Final negotiations with the employer that could have prevented the action yielded no results. Industrial action officially begins on…
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There is no recession in the UK, the economy is in recession
By Cornel VanfleterenPosted on Friday, November 10, 2023 to 13:24• 5 1 minute read Ultimately, the UK escapes the recession, despite economists’ predictions. The Bank of England predicted zero growth in the economy, and the latest statistics prove this to be true. However, this is no reason to rejoice. Why…
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Even the UK fares better – Wel.nl
We like to see ourselves as an egalitarian country where everyone has the opportunity to climb the social ladder. This is true, but for some the ladder is made of rotten wood, while others stand on a strong steel ladder with a trampoline in front of them, and jump directly…
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The British economy is entering a recession after a record contraction of more than 20 percent Economy
12 aug 2020 om 09:22 Update: 3 jaar geleden The British economy entered recession in the second quarter with GDP contracting for the second consecutive quarter. From April to June, GDP contracted by 20.4 percent, according to figures published on Wednesday by Britain’s Office for National Statistics. This is a…
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Fewer Dutch people are immigrating to the UK again Economy
31 jan 2020 om 00:11 Update: 4 jaar geleden The number of Dutch people immigrating to the UK has not been this low in twenty years, the Central Statistics Office reported on Friday. In 2019, 2,600 Dutch people immigrated to the United Kingdom. In 2015, there were still 4,300. The…
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The Bank of England raises interest rates for the fourteenth time in a row, now to 5.25 percent
The Bank of England raised interest rates for the 14th time in a row, this time from 5% to 5.25%, the highest level since 2008. The increase in the cost of borrowing money was expected, although financial markets were divided over whether it should Raising it to higher levels. 5.25…
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