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Economic forecast for London and the UK 2021

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PwC has released economic forecasts for 2021 for London and the UK. You can read the full report here but to summarize these are the eight main points.

There may be fewer babies born in 2021 than in any year since births are counted. The health, social and economic effects of the pandemic mean that many will prefer not to have children until the situation is resolved.

London’s population is expected to decline for the first time in at least 40 years. Many flee London to live in less crowded places, others flee for lack of work. Obviously fewer people come to work in London because of COVID and Brexit.

Net migration with the EU is expected to become negative in 2021. The number of EU citizens leaving the UK may be greater than those coming to live there. Here, too, Brexit and COVID play an important role in this trend reversal.

The UK unemployment rate could record the largest quarterly increase ever recorded in the second quarter. Even with the resumption, the end of the government aid program means that many will be laid off.

Over 10 million people could become poor from not having enough to eat. Caused by the increase in food products and the increase in unemployment and underemployment.

The gender and ethnicity pay gap is expected to widen in 2021, potentially reversing a decade of progress. The effects of the pandemic on the world of work will be particularly felt by women and ethnic minorities who tend more of10ten to work in the most affected sectors.

One in eight newly registered cars in Britain is likely to be electric or hybrid by the end of 2021.

By the end of 2021, most of the electricity generated in the UK is expected to come from renewable sources.

Worked in many sectors including recruitment and marketing. Lucky to have found a soulmate who was then taken far too soon. No intention of moving on and definitely not moving to Thailand for the foreseeable future. Might move forward. Owned by a cat.

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London, slice of Charles and Diana’s wedding cake will be auctioned

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A slice of one of Prince Charles and Princess Diana’s wedding cakes is up for auction 40 years after the famous wedding.

The slice is obviously frozen and comes from one of the 20 official wedding cakes for the wedding of 21 July 1981 of the heir to the British throne and his young bride. The cake has a marzipan base and a sugar paste emblem, coloured in gold, red, blue and silver, on the top.

The piece of cake was given to Moyra Smith, a member of the Queen Mother’s family at Clarence House. Smith kept it in a floral cake pan with a handmade label on the lid.

The auction is held on  August11th by Dominic Winter Auctioneers and should make around £ 500, so within the reach of many, if anyone has ever dreamed of having a piece of cake from a royal wedding, this is a great occasion.

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What are the most popular places in the UK?

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Here we go again … another survey. This time, try to figure out which places the British love the most and missed the most during the lockdown. 44% of respondents feel happier in countryside places or in any case with nature, the 31% to the cinema or theatre and the 20% in historic places like Stonehenge or Chatsworth Residence.

Kew Gardens which tops the charts as the happiest place in the UK, around 12% of Britons feel at home in this botanical garden and missed it a lot during lockdown.

The Eden Project in  Cornwall ranks second together with  Snowdonia National Park in Wales. Among the top ten we have the Natural History Museum in London , the British Museum , the Roman Baths , the London Zoo and Loch Lomond.

 

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Supermoon, the largest of the year will be on May 26th

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It will be the second of the year, but the largest. The Supermoon of 26 May will be the closest and will be tinged with red although at our latitudes we won’t see it and we won’t be able to see the small eclipse that comes with it.

The satellite will reach the perigee, on 21 May, at 3: 53 , when it will be in 357. 309 kilometres from Earth); nine hours later, it will also reach the full phase.

In the 2021 there are five Supermoons, three full and two new “The next” Superluna “will appear approximately 7% larger and a little brighter than average, but you need to have an expert to notice it. But you will see it better at sunset and at dawn. 

Those who are in the Far East and the West Coast of the Americas will also be able to see a small lunar eclipse. 

 

 

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