Business | The Journalistic

Qatar Airways Group Announces a Record Profit in its 25 Year History of US$ 1.54 Billion for the FY 2021-2022

25Jun

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Aviation, Business, Middle East, World News

Qatar Airways Group Announces a Record Profit in its 25 Year History of US$ 1.54 Billion for the FY 2021-2022

Qatar Airways Group celebrates its milestone 25th Anniversary year of operation with its strongest financial performance reflected in its published annual report for 2021/22, 200 per cent above its highest annual historical profit. In the most difficult period ever in the global airline industry, the airline credits its positive results to its agility and successful strategy which continued to focus on customer needs and evolving market opportunities, as well as efficiency and the commitment of its worldwide employees. This profit is not only a record for Qatar Airways Group, but also a record among all other airlines that have published financial results for this financial year worldwide. Qatar Airways Group reported a record net profit of QAR 5.6 billion (US$ 1.54 billion) during the...

Thousands of families in England helped to build own homes

24Jun

By thejournalisticNo Comments

Business, Europe, Health & Social, Social, World News

Thousands of families in England helped to build own homes

Thousands of people and families in England will be supported onto the property ladder and given the opportunity to build their own home, with the launch of the government’s Help to Build scheme. Thousands of people in England will be supported onto the property ladder and given the opportunity to build their own home, with the launch of the government’s Help to Build scheme, the Department for Levelling Up, Housing and Communities announced today (24 June 2022). Backed by £150 million of government funding, Help to Build will enable people to overcome prohibitive mortgage costs to build a home that is tailored to their needs and in a community of their choice, with just a 5% deposit towards land and building costs. Help to Build will open for applications on Monday, making self a...

24Jul

By thejournalisticNo Comments

Business

Latest Notices for Traders from Defra

Defra has issued notices for traders on importing Goods from the EU, an updated Border Operating Model and the Northern Ireland Protocol Government Chemist and Department for Environment, Food & Rural Affairs 23 July 2021 Please note that the information in this page has been issued by Defra, not the Government Chemist, and it is published to increase dissemination amongst Government Chemist stakeholders. Importing Goods from the European Union (EU) from 1 October 2021 New actions required for businesses importing products of animal origin into Great Britain from the EU. From 1 October 2021, there will be new requirements to continue importing animal products for both human consumption and non-human consumption from the European Union into Great Britain. Some of the requir...

British Exporters, Business Leaders and Trade Professionals Recognised in Birthday Honours List 2021

12Jun

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Business, Europe, World News

British Exporters, Business Leaders and Trade Professionals Recognised in Birthday Honours List 2021

Trade and Export entrepreneurs and staff from the Department for International Trade (DIT) are being recognised in the Birthday Honours List 2021. Department for International Trade 12 June 2021 Today, International Trade Secretary Liz Truss MP is congratulating UK exporters, business leaders and DIT staff who have been recognised with honours for their exceptional and outstanding service to international trade, investment, and exporting. The Birthday Honours List also recognises the work and dedication undertaken by those who worked during the pandemic to keep the country safe. Those honoured this time around represent a diverse range of businesses, from retail industry through to the creative industry and government support to sourcing medical equipment and negotiating trad...

Iconic British Exports Expected to Benefit from Any Trade Deal with Australia

7Jun

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Business, Europe, World News

Iconic British Exports Expected to Benefit from Any Trade Deal with Australia 

World famous British food and drink, car, rail, and fashion industries are among those that could benefit from tariff-free trade with Australia. Department for International Trade and The Rt Hon Elizabeth Truss MP 7 June 2021 Some of the Britain’s most famous exports could enjoy major wins from a UK-Australia trade deal, the Department for International Trade has revealed. UK negotiators are working to remove tariffs impacting our car, train, fashion, and food and drink industries, making it cheaper and easier to sell goods to Australia, supporting jobs and boosting the economy. The Government’s latest research estimates that 6.5m jobs were supported by exports in 2016 and were generally higher paying, with wages in jobs directly and indirectly supported by exports around 7% h...

Supporting Retirees With Extension of the Temporary Reduction in Superannuation Minimum Drawdown Rates

30May

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Business

Supporting Retirees With Extension of the Temporary Reduction in Superannuation Minimum Drawdown Rates

Prime Minister, Minister for Superannuation, Financial Services and the Digital Economy, Minister for Women's Economic Security 29 May 2021 Today the Morrison Government announces an extension of the temporary reduction in superannuation minimum drawdown rates for a further year to 30 June 2022. As part of the response to the coronavirus pandemic, the Government responded immediately and reduced the superannuation minimum drawdown rates by 50 per cent for the 2019-20 and 2020-21 income years, ending on 30 June 2021. Today’s announcement extends that reduction to the 2021-22 income year and continues to make life easier for our retirees by giving them more flexibility and choice in their retirement. For many retirees, the significant losses in financial markets ...

New National Flagship to Promote British Businesses Around the World

30May

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Business, Europe, World News

New National Flagship to Promote British Businesses Around the World

New ship will showcase cutting-edge British design, engineering and green technology while boosting trade and driving investment. Prime Minister's Office, 10 Downing Street 30 May 2021 Ship will be the first of its kind constructed in the UK, creating jobs and reinvigorating the shipbuilding industry Once built, the flagship will host trade events and promote UK interests around the world British businesses will be given a new global platform to promote their products through a new national flagship announced by the Prime Minister today. The ship, the first of its kind to be built and commissioned by the UK, will boost British trade and drive investment into our economy. The vessel will be used to host high level trade negotiations and trade shows and will sail al...

Positive Results for Scottish Seafood Exporters

16May

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Business, Health, Health & Social

Positive Results for Scottish Seafood Exporters

A UK Government-led taskforce is helping to improve export systems. Office of the Secretary of State for Scotland and David Duguid MP 14 May 2021 Discussions took place today [Friday 14 May] during the seventh meeting of the Scottish seafood exports taskforce, which brings together key industry figures from the fishing industry with officials and senior politicians from the UK Government and Scottish Government. UK Government Minister for Scotland David Duguid chaired the meeting and said the taskforce had tackled problems which affected the seafood sector since Britain’s exit from the EU, many relating to paperwork now required by the EU. Following the meeting, Minister Duguid said: This taskforce has been unusual as it has brought together industry experts from the catching...

Jobs Boom Takes Off in the Hunter with Newcastle Airport Investment

7May

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Aviation, Business

Jobs Boom Takes Off in the Hunter with Newcastle Airport Investment

07 May 2021 Prime Minister, Deputy Prime Minister, Minister for Infrastructure, Minister for Infrastructure, Transport and Regional Development, Minister for Defence The Morrison Government will upgrade the Newcastle Airport runway generating thousands of local jobs while creating new domestic and international travel and export destinations for Hunter and Central Coast residents and businesses. The runway will be widened with a $66 million investment to accommodate longer range domestic and international passenger services as well as significantly increased large freight capabilities to benefit local exporters. This will maximise the benefits of works already completed on the terminal to upgrade international arrivals and departures processing. ...

International Workers’ Day 2021: The Key Steps Government Has Taken to Support Workers

1May

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Business

International Workers’ Day 2021: The Key Steps Government Has Taken to Support Workers

1 May 2021 Department for Business, Energy & Industrial Strategy On International Workers’ Day 2021, we’re reflecting on some of the key steps the Government has taken to support workers since last year. The UK has one of the best workers’ rights records in the world. On International Workers’ Day 2021, we’re reflecting on some of the key steps the Government has taken to support workers since last year. Looking to the future, we are bringing forward plans to crack down on workplace abuses through a powerful new enforcement body, while giving workers more freedom over where and when they work by putting an end to the use of exclusivity clauses for those on low pay. Government’s top steps to protect workers’ rights: We made sure 2 million people received a well-e...