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Finance

SNAPSHOT: Lost and Helpless – Migrant workers during the pandemic

selective focus photography cement

Whilst  there may be over 160 million migrant workers worldwide, the pandemic and measures put in place have resulted in many being forced into poverty, unemployment and having to return back home. Generally, this group of society feels marginalised. From being denied rights in comparison with national workers, to their vulnerability to abuse, exploitation and …

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A passport to London: keep the zip for U18s

big ben structure near white concrete structure

A passport can be summarised in two ways: an official document that allows a person to travel or anything that ensures admission. These are characteristics which make a zip card so valuable to millions of young people in London. The pass is an indiscriminate way of ensuring all young people have the chance to explore …

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Snapshot Update: An obstacle to Google’s $1.2bn acquisition of Fitbit

EU Regulators have demanded that Google restrain from using Fitbit’s health data to improve its search engine, in return for EU approval of the deal. Previously, Google pledged not to utilise the data to boost advertising, but this promise was not enough to satisfy EU regulators. However, after a landmark case against Apple, where the …

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Snapshot Update: 700 million pounds investment to secure Britain’s borders post Brexit

blue and yellow round star print textile

This investment is said to ensure that the UK’s border systems are “fully operational” when the UK leaves the EU at the end of 2020. Cabinet Office Minister Michael Gove publicized that the investment would allow traders to “manage the changes and seize the opportunities” once the Brexit transition period ends in December. So, what …

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Why are investors going for gold?

silver and gold coins

Gold reaching new highs Gold as a commodity is a popular investment. Investors can access it through the stock market, where they can invest in gold bullion or buy shares of gold-mining companies. Alternatively, investors can also invest in the commodity through more complex investment vehicles such as futures contracts and derivatives.  Gold is priced …

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Talks of the ‘GERD’: Tension over The Nile

The Grand Ethiopian Renaissance Dam (GERD) has been a 10-year project which started off by the then Prime Minister Meles Zenawi, back in 2011. It is located near the border of Sudan-Ethiopia, in the Ethiopia’s Benishangul-Gumuz region. With the $4.5 billion project now finished, it roughly equates to the size of London, making it Africa’s largest …

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Fast Fashion – Time for an Urgent Makeover

What is Fast Fashion? Fast Fashion is cheap on-trend clothing that has been sampled from celebrity culture and turned into high street clothing at high speeds. Essentially, it’s a way of making fashionable clothing that is quick and cheap for consumers. This may not seem like a bad thing; a good deal for the consumer …

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Snapshot: Fraudulent Furlough

The UK Government’s job retention scheme has been vulnerable to various reports of fraudulent claiming. Under the scheme, employers were able to furlough employees who could no longer work due to the coronavirus pandemic and recover 80% of wages. With the furlough scheme extended to October 2020, the cost of the scheme has so far …

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More people could be killed from an economic recession than from the Coronavirus

Experts have warned that the health effects of shutting down the UK economy may kill more people than the Coronavirus.  In a historic conference on Monday 23rd March 2020, the Prime Minister of England, Boris Johnson, urged the public to stay away from pubs, restaurants and theatres and to work from home in a bid …

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