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EasyJet Again Puts A Significant Loss in the Books Due to Corona
Budget airline EasyJet made another substantial loss in the books last quarter due to the malaise in aviation due to the corona crisis. Still, CEO Johan Lundgren is positive about the summer months and autumn now that the British are…
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British Prime Minister Avoids Corona Quarantine, Opposition Angry
British Prime Minister Boris Johnson is not going into full home quarantine despite a corona infection within his cabinet. According to British media, Johnson and his Chancellor of the Exchequer Rishi Sunak are participating in a pilot…
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Restaurants in London Pass on High Purchase Prices to Consumers
Several restaurants in London are raising their menu prices as supply chain disruptions have made it much more expensive to source certain ingredients. While the corona restrictions for the English catering industry will be almost wholly…
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British Regulator Fines Pharmaceuticals for Overpriced Medicines
After an investigation, the British competition authority CMA has fined a series of pharmaceutical companies more than 260 million pounds for overpriced medicines. As a result, the UK health service NHS has overpaid for hydrocortisone…
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British Regulator Also Lifts Dividend Restrictions for Banks
Banks in the United Kingdom are allowed to return profits to their shareholders. In addition, the special corona restrictions on the level of the dividend will end immediately, the Bank of England (BoE) announced.
Like regulators…
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UK Economy is Growing Slower Than Expected
The British economy is recovering less quickly from the corona crisis than expected. However, the relaxation of the corona measures, which allowed catering and cinemas to open again, has undoubtedly given the economy a boost.
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British Government Relaxes Corona Rules for Vaccinated People
The British government will ease its corona policy for fully vaccinated people in England next month. They will no longer have to self-isolate from August 16 if someone in their environment turns out to be infected with the virus, reports…
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Nissan to Build Major Battery Factory in the United Kingdom
Japanese car group Nissan Motor is to build a major factory for batteries for electric cars at its car factory in Sunderland, UK. Nissan is also working with its Chinese cooperation partner Envision AESC.
Nissan will also build a…
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