Politics

March 3, 2021

Budget 2021: Chancellor Rishi Sunak Delivers A Robust Budget Committed to Economic Growth.

Furlough scheme extended.New business recovery loan scheme.kickstart scheme to pay up to £3000 incentive to employers of apprentices of any age.Universal Credit £20 top up kept.Increased living wage to £8.49Mortagage initial deposit reduced to 5%.Hospitality, gyms, salons etc to receive restart grant of up to 18kNewly self employed to apply for 4th and 5th grant scheme.Stamp duty holiday extended.Personal tax frozen.Alcohol and fuel duties frozen.Tax, Vat, and business rate cuts or holidays extended. Freeze personal income tax thresholds until 2026 for 12, 570 to 50, 270. Corporation tax up to 25% of profits over 50, 000 by 2023 while small profits less than 50k remain at 19% and struggling businesses remain unaffected.
March 2, 2021

Former French President Nicolas Sarkozy Has Been Convicted For Corruption.

Former French President Nicolas Sarkozy sentenced to 3 years in jail (of which 2 suspended), convicted for corruption and sentenced to one year in prison.
December 11, 2020

Australia Terminates Its Covid19 University of Queensland Vaccine Deal After False HIV Positives.

A billion-dollar deal for Prime Minister Scott Morrison's government to buy more than 50 million doses of the University of Queensland’s potential coronavirus vaccine has been abruptly terminated after several trial participants returned false positive HIV test results.
December 10, 2020

The UK has signed a free trade Deal with Singapore worth over £17 Billion.

The deal is said to worth over £17 billion of trade. The second biggest trade deal secure in the Asian Pacific.