{"id":1145,"date":"2021-06-16T12:06:09","date_gmt":"2021-06-16T11:06:09","guid":{"rendered":"https:\/\/new.contentdeployment.co.uk\/tomd\/?p=1145"},"modified":"2022-07-05T14:11:07","modified_gmt":"2022-07-05T13:11:07","slug":"news-in-review-7","status":"publish","type":"post","link":"https:\/\/new.contentdeployment.co.uk\/tomd\/2021\/06\/16\/news-in-review-7\/","title":{"rendered":"News in Review"},"content":{"rendered":"
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\u2018Shared\nbeliefs and shared responsibilities are the bedrock of leadership and\nprosperity\u2019<\/strong><\/em><\/em><\/strong><\/p>\n<\/div>\n\n

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The G7 Summit in Cornwall dominated headlines over the weekend, with<\/strong> leaders of\nthe \u2018Group of Seven\u2019 (UK, US, Canada, Germany, France, Italy and Japan) meeting\nto discuss global worldwide issues, including vaccination programmes, economic\nrecovery and climate change.<\/strong><\/strong><\/p>\n<\/div>\n\n

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The Prime Minister hosted the 47th\nG7 Summit, the first meeting of global leaders in two years, which was also\nattended by EU representatives, including Ursula von der Leyen, and other key\nindividuals from non-member countries, including Australian Prime Minister,\nScott Morrison.<\/p>\n<\/div>\n\n

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With a packed agenda to work through, after three intensive days of\nmeetings, a communiqu\u00e9 was published on the conclusion of the Summit, in which the\nleaders collectively outlined, \u2018We gathered united by the principle that brought us together\noriginally, that shared beliefs and shared responsibilities are the bedrock of\nleadership and prosperity. Guided by this, our enduring ideals as free open\nsocieties and democracies, and by our commitment to multilateralism, we have\nagreed a shared G7 agenda for global action.\u2019<\/em><\/p>\n<\/div>\n\n

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Key pledges from the Summit include\nto:<\/p>\n<\/div>\n\n

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End the pandemic and prepare for the future <\/strong>by driving an international effort to\nvaccinate the world by getting as many safe vaccines to as many people as\npossible, as fast as possible<\/p>\n<\/div>\n\n

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Reinvigorate our economies<\/strong> by advancing recovery plans that build on the financial\nsupport put in place during the pandemic<\/p>\n<\/div>\n\n

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Secure our future prosperity <\/strong>by championing freer, fairer trade within\na reformed trading system, a more resilient global economy, and a fairer global\ntax system <\/p>\n<\/div>\n\n

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Protect our planet <\/strong>by supporting a green revolution that creates jobs,\ncuts emissions and seeks to limit the rise in global temperatures<\/p>\n<\/div>\n\n

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Strengthen our partnerships <\/strong>with others around the world and develop\na new partnership to build back better for the world, through a step change in\nour approach to investment for infrastructure, including through an initiative\nfor clean and green growth.<\/p>\n<\/div>\n\n

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On Sunday, President Biden met the Queen at Windsor Castle, before progressing\nto Brussels for a meeting at the NATO headquarters, then rounding off his\nEuropean tour with a one-to-one meeting with Vladamir Putin on 16 June in\nGeneva.<\/p>\n<\/div>\n\n

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\u2018Freedom Day\u2019 delayed<\/strong><\/p>\n<\/div>\n\n

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As anticipated, Boris Johnson confirmed that restrictions will not ease as initially hoped on 21 June. This will allow more people to get vaccinated, to contend with the sharp rise in infections due to the Delta variant. A review will be conducted in two weeks, with the government reserving the possibility of proceeding to step four and a full opening sooner than 19 July. Scientists have advised that the four-week delay would reduce the peak in hospital admissions by between a third and a half.<\/p>\n<\/div>\n\n

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Although most current restrictions will remain in place, the 30-person\nlimit on weddings and wakes will be removed on 21 June, but strict measures\nwill still apply, and will vary depending on the type of venue.<\/p>\n<\/div>\n\n

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Director General of the Confederation of British Industry,\nTony Danker, commented on the roadmap delay, \u201cPublic health\ncomes first, so while a delay is regrettable, it\u2019s understandable. Most\nbusinesses favour certainty and irreversibility over speed\u2026 But we must\nacknowledge the pain felt by businesses in hospitality, leisure and live events.\nAt best they\u2019re operating with reduced capacity hitting revenues, and at worst,\nsome aren\u2019t open at all.\u201d<\/em><\/p>\n<\/div>\n\n

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Despite the delay to the road map, Chancellor Rishi Sunak confirmed\nthat the furlough scheme will not be extended. The scheme is scheduled to run\nuntil 30 September, with employers contributing from July.<\/p>\n<\/div>\n\n

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Around the UK \u2013 in Wales, rules will be reviewed on 21 June and in\nNorthern Ireland, a review will take place on 17 June. In Scotland, Nicola\nSturgeon has said that plans to move all areas to Level Zero COVID restrictions\non 28 June would \u201cin all\nprobability<\/em>\u201d be paused.<\/p>\n<\/div>\n\n

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UK\neconomic update<\/strong><\/strong><\/p>\n<\/div>\n\n

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Data\nreleased last Friday by the Office for National Statistics (ONS) showed that\nthe UK economy grew by 2.3% in April, its fastest monthly growth since July\n2020. This has been attributed to shoppers spending more as non-essential shops reopened, and people bought more cars\nand caravans. Chancellor Rishi Sunak said that the figures were “a promising\nsign that our economy is beginning to recover.\u201d<\/em><\/em><\/p>\n<\/div>\n\n

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On\nTuesday, ONS said there were 197,000 more workers in payrolled employment in\nMay than in April and the unemployment rate fell to 4.7% in the three months to\nApril, down from 4.8% previously.<\/p>\n<\/div>\n\n

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Here to\nhelp<\/strong><\/p>\n<\/div>\n\n

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Financial\nadvice is key, so please do not hesitate to get in contact with any questions\nor concerns you may have.<\/p>\n<\/div>\n\n

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The value of investments can go down as well\nas up and you may not get back the full amount you invested. The past is not a\nguide to future performance and past performance may not necessarily be\nrepeated.<\/strong><\/strong><\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"

\u2018Shared beliefs and shared responsibilities are the bedrock of leadership and prosperity\u2019 The G7 Summit in Cornwall dominated headlines over the weekend, with leaders of the \u2018Group of Seven\u2019 (UK, US, Canada, Germany, France, Italy and Japan) meeting to discuss global worldwide issues, including vaccination programmes, economic recovery and climate change. The Prime Minister hosted the […]<\/p>\n","protected":false},"author":12,"featured_media":1146,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[32,112],"tags":[],"hd_content_source":[],"_links":{"self":[{"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/posts\/1145"}],"collection":[{"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/comments?post=1145"}],"version-history":[{"count":2,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/posts\/1145\/revisions"}],"predecessor-version":[{"id":1148,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/posts\/1145\/revisions\/1148"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/media\/1146"}],"wp:attachment":[{"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/media?parent=1145"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/categories?post=1145"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/tags?post=1145"},{"taxonomy":"hd_content_source","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/hd_content_source?post=1145"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}