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September 27, 2020
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UK car industry seeks more government help

LONDON (UK) – Britain’s car industry called on the government to bring in additional measures such as a sales tax cut to boost the sector as a third of workers remain furloughed due to the coronavirus outbreak. Some of the factories still remain shut and many are operating at a much reduced output, setting the […]
UK

UK eyes law amendment to scrutinise foreign takeovers

LONDON (UK) – The UK will consider changes to the law to allow monitoring some foreign takeovers to ensure they do not threaten the country’s ability to tackle public health emergencies, the government said on Sunday. A proposal to amend the Enterprise Act will be put before parliament on Monday to allow the government to […]
UK

UK leads global trust fall in COVID responses by the government

LONDON (UK) – People across almost all the world’s leading rich economies have turned more sceptical about their governments’ handling of the coronavirus pandemic with confidence slumping the most in Britain, a survey showed on Thursday. In May, in the Group of Seven nations as a whole, 48% of respondents approved of how authorities had […]
UK

Make UK: Government must give direct support to manufacturing

LONDON (UK) – The British government should give direct support to strategic manufacturing sectors and companies according to trade body Make UK. They believe this must be the case particularly in aerospace, automotive and steel production industries, to aid getting through the coronavirus crisis. Make UK stated that the government should adopt a “more radical
UK

Britain to launch big stimulus package before summer

LONDON (UK) – Britain’s government is planning to launch a big stimulus package before the summer with a focus on creating jobs and infrastructure projects to help drag the economy out of the coronavirus crisis, the Financial Times reported. Finance minister Rishi Sunak declined on Friday to say whether he would bring forward his next […]