Latest News

Jaguar Land Rover Not Affected By New Covid

Tata Motors automotive manufacturer said up to now there has been no specific impact on the subsidiary Jaguar Land Rover Company, guaranteeing the firm’s lucrativeness. This is while countless countries have stopped their transport connections because of the threat by the new coronavirus detected in Britain. Early this month, Honda Motor Company ceased offering its products in the British factory as delays in transport affected production of car parts. But then the production continued after almost a week. The car making industry, already agitated before Brexit and struck by the pandemic,, has faced issues as the Brexit transition period comes to its end. Thereby it’s expected to see delays at ports without regard to final results of negotiations over commercial deal. Last year in November, too, the British automotive company interrupted its production for a short time prior to the then deadline (Oct. 31) so that it could diminish any negative impact from no-deal Brexit. Samira H.
Read more
By Samira Hassanzadeh on October 19, 2021

UK's Rebound or Boost?

The UK’s economic recovery in the second wave of the coronavirus shows a decline. The recent data released on October 9 points out a 2.1% surge in GDP in August. Britain experienced a fast recovery starting the summer and gained from its scheme known as “eat out to help out”. Nonetheless, the country is still nearly 10% lower than the level before the outbreak. Andy Haldane, a chief economist in the Bank of England, denounced the local media addressing the dark side and underestimating the growth figures. According to him, the growth rate, 2.1%, on a monthly basis is not low with the existing standards, the performance is acceptable; dismissal hasn’t doubled and consumers have bounced back to spending. Samira H.
Read more
By Samira Hassanzadeh on October 19, 2021

Newsletter

Enter your email address below to subscribe to our newsletter and keep up to date with the latest news, discounts and special offers.

Latest Comments