Tag: major

UK signs first major post-Brexit trade deal with Japan

Image caption UK Trade Secretary Liz Truss called the deal “historic” The UK has struck its first major post-Brexit trade deal after signing an agreement in principle with Japan which aims to boost trade by about £15bn. International Trade Secretary Liz Truss said it was an “historic moment”. She said it would bring “new wins” for British businesses in manufacturing,… Read more →

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Coronavirus: UK worst hit among major economies

Image copyright Getty Images The UK was the hardest hit by Covid-19 among major economies from April to June, the Organisation for Economic Co-operation and Development has said. Its economy suffered its biggest slump on record over the three-month period as coronavirus lockdown measures pushed the country officially into recession. Its 20.4% contraction was well above the 9.8% drop for… Read more →

Coronavirus: Wales’ aviation sector needs ‘major intervention’

Image copyright Getty Images Image caption British Airways’s maintenance facility at Rhoose services the company’s long-haul fleet of planes. Wales’ aviation industry needs intervention on a “major scale” from the UK government, according to Wales’ Economy Minister Ken Skates. Mr Skates said only Downing Street had the “firepower” to help a sector which had taken “an absolute battering” during the… Read more →