The UK government has prepared a policy document on immigration policy after Brexit. It says that the new system assumes a reduction in the number of migrants to less than 100 thousand people, which will be achieved through priority for skilled workers, as well as due to the same attitude towards the citizens of the European Union and those who are not. There will be no restrictions on the number of skilled workers. They will have to be sponsored by the company, and they will be assigned a minimum salary threshold. The threshold will be set in consultation with enterprises over the next year. EU citizens of any skill level will be able to come to the UK for up to 12 months without a job offer.
The Bank of England will announce next week how quickly it expects the economy to recover from the coronavirus pandemic, but it is unlikely to add to the 100 billion pounds of the fiscal package it released in June. Britain’s economy ...
European shares traded lower earlier on Thursday after underwhelming earnings reports dampened a U.S. Fed vow to continue rolling out stimulus plans in a bid to soften the economic blow of the COVID-19 pandemic. The pan-European STOXX lost ...
Asian stocks advanced on the prospect of ultra-easy monetary policy as the U.S. Federal Reserve kept interest rates near zero. Fed deemed it necessary to salvage the ailing economy, dragging the dollar down to a two-year low. The target range ...
Oil prices climbed on Wednesday after U.S. crude inventories fell against analysts’ expectations, prompting a boost in the market amid the coronavirus resurgence. Brent crude futures gained 0.3%, or 14 cents, at $43.36 per barrel. U.S. ...
The dollar sat near two-year lows on Wednesday as the United States struggled to control the coronavirus outbreak, breaking hopes for a fast economic recovery. The gloomy outlook for the U.S. economy is expected to urge the Federal Reserve ...