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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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For the first time you can visit Buckingham Palace’s gardens

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For the first time, the famous Queen’s Gardens at Buckingham Palace will be opened. Normally only the Royal Family and those invited to the Queen’s parties can see them. The reason for this decision is that this summer there will be no traditional opening of part of the building because of the pandemic and to compensate they open the gardens.

Visitors will be able to wander the garden paths and experience the calm of this garden in the heart of London. You will see Horse Chestnut Avenue, the plane trees planted by Queen Victoria and Prince Albert, and the famous lake with its bee island of Buckingham Palace. You can also have a picnic on one of the lawns. The gardens will be open from 9 July to 19 September but there are also weekend tours in April and May. You can book your tickets here

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This must be the smallest flat in London ever

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We have seen in recent years so flats that are practically little bigger in a shoe box rented or sold for high prices. We have always wondered how one can live in such a place because in many of these apartments there is not even room to store stuff or invite a friend.

We have now found the overall winner among London’s microscopic flats. This is an apartment in a tree in Brockwell Park with practically a sleeping place, a tiny wardrobe and a nightstand. Only a Barbie could be comfortable there. There is also the real estate agency sign that says it has been sold.

Clearly this is a joke or a way to point out how small London flats can be and are still sold and rented. In any case if you want to go and see it, you will find it in the south part of Brockwell Park in Brixton.

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London Zoo’s three young alpacas need a name

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We are all invited to choose a name for the three new alpacas at London Zoo. The first alpaca is 11 months old, it’s white and you can choose between Alpacaccino, Cusco and Snowball. The second alpaca is brown born 8 months ago and you can choose between Lima, Pumpkin Spice and Cookie. While the third, again brown, was born 9 months ago and could be called Cuenca, Humbug or Toffee Nut. Winning names will be announced when the zoo reopens.

If you also want to contribute and vote for the names you prefer, you can do it here. The London Zoo should open shortly but will miss the the Easter period, which is usually one of its busiest times.

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