Boris Johnson believes a campaign to encourage people to eat British-caught fish could help the industry combat post-Brexit disruption. The prime minister backed calls for a campaign in a video conference with Conservative MPs from coastal areas. He also promised to address concerns about quotas and the ban on shellfish exports to the EU. Labour said it also wanted … [Read more...] about UK Prime Minister Boris Johnson Announces ‘eat British fish’ Campaign
Economy
European Economy Decreases in Q4 2020, Italy and Austria Record Biggest Effect
According to a preliminary estimate published by Eurostat on Tuesday, the Euro area, a group of countries that use the Euro as currency, saw a drop in its GDP by 0.7% in the fourth quarter of 2020. The European Commission agency said that the decline in the Euro area's GDP is related to the latest set of lockdown measures reimposed in the region to prevent the spread of the … [Read more...] about European Economy Decreases in Q4 2020, Italy and Austria Record Biggest Effect
The AU Pair System of Britain Deeply Affected by Brexit
Once a childcare mainstay for many working parents, Britain’s au pair system is under threat after Brexit — piling pressure on families and forcing some mothers to consider quitting their jobs. The system, which typically allows younger foreigners to stay with a family in a host country while they take care of their children, had continued in Britain unimpeded until the end … [Read more...] about The AU Pair System of Britain Deeply Affected by Brexit
British Pounds Leads Against Euro, Analysts are Worried
Pound Sterling rallied sharply during the mid-week Asian session and is holding the gains in London trade in am move that has opened fresh new multi-month highs, but the gains have left analysts scratching their heads why the currency is rising. The consensus was decidedly negative on Sterling heading into 2021, with a good rump of the analyst community saying structural … [Read more...] about British Pounds Leads Against Euro, Analysts are Worried
British Pound is ‘Too Hot’ According to Analysts as it Gains Against Euro and US Dollars
The British Pound's stellar gains in 2021 are not deserved, say analysts at one of the world's most prominent investment banks, who warned in a recent research note that a "nasty fall back to reality" might await. British Pound Coming in Strong The Pound has risen to multi-month highs against both the Euro and Dollar and is the top performing G10 currency of 2021, as a … [Read more...] about British Pound is ‘Too Hot’ According to Analysts as it Gains Against Euro and US Dollars