PETROFAC AND STOREGGA TEAM UP FOR RENEWABLE ENERGY DEVELOPMENT

HIGHLIGHTS

• Petrofac has signed a MoU with independent player Storegga Geotechnologies.
• Storegga Geotechnologies is a champion of renewable energy and advocates the use of renewable energy.

Petrofac has signed a Memorandum of Understa...

NO BAILOUT FOR JAGUAR LAND ROVER AND TATA STEEL FROM UK GOVERNMENT

HIGHLIGHTS

• Talks between the UK's Treasury and two Tata Group companies have broken off.
• British government concluded that Indian firms were sufficiently financed.
• Hence, Jaguar Land Rover and Tata Steel did not qualify for taxpayer sup...

ENSEK ACQUIRES NRGFIN

HIGHLIGHTS

• Software company ENSEK has acquired data analytics company NrgFin.
• ENSEK’s SaaS platform provides energy suppliers with solutions.
• Services include billing, customer relationship management, and financial management.
...

UK BUSINESSES MAY SEE HEALTH AND SAFETY CHALLENGES DUE TO BREXIT

HIGHLIGHTS

• The future of the UK’s health and safety status is at risk due to Brexit.
• Brexit will be effective very soon.

The European Union (EU) and United Kingdom (UK) hold high reputation due to health and safety law, particu...

EU APPROVES 50 BILLION POUND BRITISH ‘UMBRELLA’ SCHEME

Highlights

• UK's “umbrella” scheme will take care of companies and businesses that are affected by coronavirus pandemic

• This scheme includes grants, loans, equity injections and tax advantages

• EU asks Britain to extend transition p...

UK ECONOMY EXHIBITS POOR SHOW IN JANUARY

Highlights

• In the three months to January, the service sector showed no growth 
• The manufacturing sector has continued to show weaknesses

According to data published by the Office for National Statistics, the UK economy stagnate...

Central Banks Go Green

It is important to remember that climate change is correlated with two different types of financial threats. The first concerns the threats of transformation or mitigation that lead to a positive change to a world of lower carbon. Climate mitigation and green energy policies, for example, could l...

UK markets might see volatility return soon

The United Kingdom markets surprised everyone on the last day of trading of the last week, which had left the world dumbfounded as it recorded gains against all the odds when the world markets were collapsing pretty badly, and UK markets recorded a 1 percent growth everyone was shocked. So the ma...

New data to hurt economic growth?

The United Kingdom economy has been changing rapidly and we think that the nation’s growth will be changing completely as there will be some major changes seen in the way the nation operates, the general elections, Brexit issue the global economic slowdown, global political unrest, and clim...

UK stocks fate seems good for now

The United Kingdom has seen a huge fall in its markets as well as the economy as the uncertainty of the Brexit deal has caused a lot of damage to the reputation of the nation among the world and the investors involved because they have been backing out from investing in the UK for very long time ...