Coronavirus News

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UK Announces £75m Airlift Plan for Stranded Brits Abroad

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The UK’s Foreign Secretary, Dominic Raab, has pledged to work with airlines such as British Airways and Virgin Atlantic amid the coronavirus crisis. The plan is to rescue thousands of nationals stranded abroad due to the pandemic. The airlift…
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UK Brexit Delay Transition Period Extension Urged by EU

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Brexit seems to have faded into triviality with Covid-19 now taking precedence on a global scale. Despite mounting coronavirus concerns, Boris Johnson has repeatedly shunned the prospect of a Brexit delay. 
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GBP/NZD Quarterly Forecast: Analysis of New Zealand and UK Economy for April to June 2020

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  Big government bond-buying programme Economic growth in 2019, but what about the future? New Zealand declares state of emergency UK ‘to be hit harder than in global crash’   A year ago, who could have foreseen…
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GBP/USD: Pound Declines as Lockdown Extension Looks Likely

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Discover the reasons for the pound’s decline this week as we discuss the effects that an extended UK lockdown could have on the economy.
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Coronavirus: What Does the Future of UK Aviation Look Like?

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The aviation industry is one of the worst-affected by the coronavirus outbreak and fear continues to grip the industry too as the future of aviation looks even more vulnerable.
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US Dollar falls back after President drops the Easter recovery deadline

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  Sterling recovers on significant profit-taking Last week of the quarter overshadowed by the ‘C’ word   As most Brits start their 2nd week of isolation, ‘spoiler alert’ this week’s data will be mostly dire.…
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The UK Offers Aid to Self-Employed During Coronavirus Crisis

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On Thursday, UK Chancellor of Exchequer Rishi Sunak announced that self-employed workers undergoing financial difficulty would get 80% of their monthly wages covered by the government.
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Pound Sterling Rallies Against the Euro and US Dollar

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It has been an incredibly wavering journey for the pound during the past few weeks. Although we have witnessed countless sterling struggles, there have been some significant progressions and revelations over the past 24 hours. 
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US COVID-19 cases and Stocks surge as US Dollar weakens

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  The US Dollar is set to end the week as the worst performing currency as corrections in the financial markets extend to tackle the spread of COVID-19. Asian stock markets are generally performing better after another day of strong…
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Pound Volatile as Prince Charles Tests Positive for Coronavirus

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The future seemed promising for the pound yesterday as we saw some positive gains in the pound to US dollar exchange rate.  All hopes could be short-lived, however, following significant royal news from yesterday afternoon.  Prince Charles…