Boris Johnson unveils plan for reopening U.K. after coronavirus lockdown


Boris Johnson unveils plan for reopening U.K. after coronavirus lockdown

British Prime Minister Boris Johnson said the coronavirus lockdown will not end yet, urging people to “stay alert” to the risks as he outlined plans to begin slowly easing measures that have closed down much of the economy for nearly seven weeks. While his government was giving directions for England, it wants the United Kingdom’s…

Chancellor Rishi Sunak unveils £350BILLION coronavirus bailout


Chancellor Rishi Sunak unveils £350BILLION coronavirus bailout

The UK government offers business loans up to £5m, three-month mortgage holidays, and no rates for pubs and restaurants for a year. Chancellor Rishi Sunak has unveiled a massive financial package to ease the impact of coronavirus in the UK. He unveiled an astonishing £350billion rescue package yesterday to try to stave off economic disaster….

HASSELL reveals plans for ‘first light pavilion’ at jodrell bank observatory


HASSELL reveals plans for ‘first light pavilion’ at jodrell bank observatory

Architecture firm HASSELL has revealed plans for a new permanent structure to be built at the Jodrell Bank Observatory in northwest england. ‘First Light Pavilion’, which is now under construction, intends to transform the visitor experience at the famous observatory, bringing radio astronomy principles, and the stories of Jodrell Bank’s pioneering scientists to life for…

UK city house price growth hits two-year high of +3.9%


UK city house price growth hits two-year high of +3.9%

UK city house price inflation is running at +3.9% as the impetus for price growth increases in regional cities with attractive affordability and positive price growth in London (+1.9%) supporting the headline growth rate. City house price growth is at a two-year high, supported by a combination of 1) flat to falling house prices in…

Britain’s adoption of Huawei 5G


Britain’s adoption of Huawei 5G

BRITAIN has finally left the European Union. No sooner had that happened than it started trade agreement negotiations with the EU and the US. Just when this “new triangular relationship” is still full of uncertainties, Britain has announced that it has accepted Huawei as a participant in the building of its 5G network infrastructure. This…

Brexit: What trade deals has the UK done so far?


Brexit: What trade deals has the UK done so far?

The UK is no longer a member of the European Union (EU), which means it’s now free to negotiate and sign trade deals around the world. The UK will need to secure an agreement with the EU to stop new tariffs and other trade barriers coming into force after the transition period ends on 31…

Facebook creates 1,000 new UK jobs


Facebook creates 1,000 new UK jobs

Facebook will create 1,000 new roles in London over the course of this year, including adding to its team tackling harmful online content. More than half of the new jobs will be technology-focused, with roles in software engineering, product design and data science, the company said. It will take Facebook’s UK workforce to more than…

KPMG moves its Thames Valley business to Reading’s Forbury Place


KPMG moves its Thames Valley business to Reading’s Forbury Place

AN accounting firm has relocated its Thames Valley business to the centre of Reading and expects to grow its team significantly in the next three years. KPMG has had a presence in the Thames Valley since the 1970s when it was based in the centre of Reading on Station Road. It relocated to Arlington Business…

IBV’s Billionaires-Only Bank Vault in London Opens for the Ultra Rich


IBV’s Billionaires-Only Bank Vault in London Opens for the Ultra Rich

Billionaires only, please! There’s a new bank vault in London, designed exclusively for the ultra rich, that will open this month in a historic mansion on one of London’s most prestigious streets. Run by International Bank Vaults, this newly built facility will offer the most expensive safety deposit in the world and its select clients…

UK tech sector beats both US and China to lead global growth in 2019


UK tech sector beats both US and China to lead global growth in 2019

Investment in the U.K.’s technology sector grew at a faster pace than in the U.S. and China last year, according to new research released Wednesday. Venture capital funding for British start-ups grew 44% to a record £10.1bn ($13.2 billion) in 2019, a report prepared for the government by industry group Tech Nation and research firm…