BoE keeps interest rate despite rising inflation

“As these transitory effects faded, conditioned on the market path for interest rates, inflation was expected to return to around 2 per cent in the medium term,” said the bank…reports Asian Lite News. The Bank of England (BoE) has announced an unchanged


UK economy sees strong growth despite inflation

Along with economic rebound in the month, the pressure of inflation was also intensified…reports Asian Lite News. Britain’s economy has seen further strong growth in June despite rising inflation as Covid-19 lockdown restrictions continued to be eased, a joint survey showed on

#LetsDoLondon: Sadiq launches campaign for domestic tourism

The 50-year-old politician from Britain’s main opposition Labour Party has allocated 6 million pounds ($8 million) to directly support the new campaign…reports Asian Lite News. Mayor of London Sadiq Khan has launched a domestic tourism campaign to kick-start the British capital’s economy