UK Economy

UK Economy

UK Immigration Consultants – Shoppers Give Big Boost to British Economy

Spending on clothes in the UK helped to boost retail sales in the past month, as shutdown measures eased and non-essential shops were able to reopen.  Retail sales increased 9.2 percent according to the Office for National Statistics, with clothing sales increasing nearly 70 percent compared with March. Overall sales were over ten percent higher …

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UK Economy

UK Immigration Consultants – Strong Economic Growth Expected in the UK During Second Quarter

Britain is ready for the strongest growth since WWII this year as it is predicted to have a faster than expected recovery from the global pandemic, according to the Bank of England.  The Bank increased its prediction for UK GDP increase to 7.25 percent in 2021, up from a previous estimate in February for an …

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Higher UK Immigration and Greater Prosperity Linked

Higher UK Immigration and Greater Prosperity Linked

Towns in the UK with high immigration and high levels of diversity are doing better economically than regions with little.  A new study in England and Wales shows a significant link between rising diversity and rising prosperity no matter what metric is used to find the data. The survey provided by Hope Not Hate, an …

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UK TECH SECTOR

British Tech Firms Attract Record Financial Investment

British technology firms brought in a record $15 billion in venture capital funding in 2020, including seven private firms valued at over $1 billion each (referred to as “unicorns”).  The companies attracted more money from investors than all of Europe combined, according to data by Dealroom. In 2019, the total raised was $14.8 billion. The …

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UK Immigration Consultants

British Economic Forecast Looks Good for Next 2 Years

The Brexit trade deal finalisation and the Covid-19 vaccine are all playing a part in a rebound for the UK economy.  The government’s reliance on coronavirus-fueled consumer spending, the rapid vaccine rollouts compared to the rest of the EU, and the Brexit trade deal will all lead to a sharp increase in economic activity from …

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