The UK Lockdown could hit the borrowing balloon for the 2020/2021 financial year past £450 billion and predicts the latest coronavirus restrictions could cost the country £400 million every working day. Chancellor Rishi Sunak announced a new £4.6 billion plan to help businesses through a new lockdown, including one-off top-up grants up to £9,…
A new era has begun for the United Kingdom as the UK stopped following EU rules at 23:00 GMT, as replacement arrangement for travel, trade, immigration and security came into force. Boris Johnson said the UK had “Freedom in our Hands” and the ability to do things “differently and better” . The first lorries…
The UK government continued to support the economy during the pandemic by borrowing soared in November hitting £31.6bn the highest level on record according to the office for National Statistics and the third-highest figure in any month since records began in 1993. The Independent Office for Budget Responsibility has estimated that the amount of borrowing…
A Britain in the cracks of the urban façade, a land where unexpected life can flourish, a land of industrial estates and electricity pylons, o motorways and ring roads of hospitals and housing estates of roundabouts and flyovers, places where modern life speeds past but where people and stories nevertheless collect. Places where human…
The Great Conjunction: Jupiter and Saturn are moving from one zodiac sign to another simultaneously on December 21 the longest night of the year, which happens once in 800 years, and the last time such an event happened Henry IV was on the English Throne. For astrologers like Dawn Anne of Astrology answers, the next…
The Pandemic has touched every aspect of life bringing death, disease, isolation, joblessness, fear, grief, and despair amid deepening social and economic unequalness. Globalisation is under pressure from nationalism, as countries have closed borders, hoarded PPE and bartered over vaccine. As geopolitical alliances are being reshaped, the US seems in disorder, China appears invigorated. The…
Economy is bothered about demography, although ageing and shrinking of the population across the world is a striking and a new phenomenon on the human history. Demographic and globalisation will reverse three multi-decade global trends and will raise inflation and interest rate, but lead to a pullback in equality. Whatever the future holds it is…
The construction giant Carillion, an outsourcer of huge Government building contracts, leading to one of the greatest financial scandals of modern times following their collapse in January 2018. When it folded it had only £29 million in the bank and debts and other liabilities adding up to a staggering £7 billion, amounting the final…
A highly provocative book by an Indian academic who is the Associate Professor of Modern South Asian Studies at the University of Copenhagen, revealing how India is being repackaged into a national brand to be sold to foreign investors, part of ongoing historical shift. “The capitalist transformation of India wherein the logic of capital is…
In 1796, American President George Washington in his farewell address cautioned the young nation “to steer clear of permanent alliances with any portion of the foreign world. “ Isolationism thereafter became one of the most influential political trends in American history. From the founding era until the Japanese attack on Pearl Harbor, the United…