UK

WHAT'S NEXT?: Achieving Brexit will dominate the UK's agenda up to and beyond 2020 with uncertainty rife until clear decisions are made on the form of Great Britain's future relationship with the EU and the rest of the world.

[New] The UK Government has unveiled a £40m Clean Growth Fund to support start-up companies in the fields of low-carbon power, waste, transport and buildings, with hopes that funding could rise to £100m by 2021.
[New] The UK Government has unveiled plans to roll out 6,000 new electric vehicle (EV) charging points across A-roads and motorways by 2035, in order to spur the adoption of zero-carbon transport.
[New] British consumers will face substantial price hikes for European goods like wine, cheese and cars at the end of the year under plans unveiled by the UK government, unless a trade agreement can be signed with the EU in time.
[New] Home Office staff in England could be working from home for the next year as departments limit the number of people working in their buildings to comply with coronavirus social-distancing measures.
[New] UKRI will implement the UK government's plans to raise research funding to 2.4% of GDP over the next seven years.
[New] Johnson has instructed officials to draw up plans that would see China's involvement in the UK'' s upgraded telecom network scaled down to zero by 2023.
[New] Returning to the chronic 10% average structural unemployment rate seen in the UK throughout the decade of 1980s could entail a cost to the public finances of around £175 billion in lost taxes and higher benefit spending over the next 5 years.
[New] The UK National Health Service (NHS) faces an annual burden of £4.5 billion in healthcare costs associated with fragility fractures, increasing to £5.9 billion by 2030.
[New] Tariffs on imports from the EU will mirror tariffs in the other direction - UK shipments to the EU bloc will face a 10% CET applying to cars unless the UK and EU come to a trade deal this year.
[New] Wales is likely to face the brunt of the COVID-19 financial downturn, and given our vulnerability, would like to see the UK Government increase the borrowing limit available to the Welsh Government.
[New] Climate change and the provision of top-notch broadband are at the forefront of government's, and people's mind as UK seeks to bring all greenhouse gas emissions to net zero by 2050.
[New] Confidence among the leaders of the largest UK businesses has fallen sharply, with many expecting their revenues to decline by nearly a quarter this year.
[New] Greenhouse gas emissions in the UK should be cut to almost zero by 2050, under the terms of a new government plan to tackle climate change.
[New] AstraZeneca Plc will make as many as 30 million doses of coronavirus vaccine available to the UK by September and has committed to delivering 100 million doses this year.
[New] The government will invest up to £93 million to accelerate construction of the new Vaccines Manufacturing and Innovation Centre which, when completed, will have capacity to produce enough vaccine doses to serve the entire UK population in as little as six months.
[New] The UK will not be able to meet its 2050 climate change targets unless much more is done to cut emissions from heating buildings.
[New] UK could be the fastest growing G7 economy up to 2050, with average annual growth of 1.9%.
[New] UK funds in an urgent programme of building SAF production with the goal that the UK has the world's largest SAF industry by 2030.
[New] The UK could generate around £15bn a year over the next decade - equating to roughly three-quarters of annual public spending on adult social care - by promoting new carbon taxes.
[New] The government is to spend almost £100m to accelerate the construction of a vaccine manufacturing centre which could produce doses for the whole UK within six months, once an effective inoculation for coronavirus is found.
[New] The increase in UK public spending required to protect workers and companies could take public sector borrowing to in excess of £200bn in 2020-21.
[New] The UK government has recently laid out new rules that will force all coal power stations to close by 2025, but many are closing already as their profitability and efficiency plunges.
[New] Assuming UK banks do not lend to companies under the government guarantee schemes, an additional 5% of companies could enter distress over the next two years.

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Last updated: 26 May 2020