{"componentChunkName":"component---src-templates-post-js","path":"/1bn-deal-with-india/","result":{"data":{"ghostPost":{"id":"Ghost__Post__60911633fcd600003bbc8447","title":"£1bn deal with India","slug":"1bn-deal-with-india","featured":false,"feature_image":"https://multiply.ghost.io/content/images/2021/05/436.png","excerpt":"Plus: breathing space for people in problem debt, new holiday rules, and prime property sales jump 80%","custom_excerpt":"Plus: breathing space for people in problem debt, new holiday rules, and prime property sales jump 80%","created_at_pretty":"04 May, 2021","published_at_pretty":"04 May, 2021","updated_at_pretty":"04 May, 2021","created_at":"2021-05-04T09:38:59.000+00:00","published_at":"2021-05-04T09:59:20.000+00:00","updated_at":"2021-05-04T09:59:20.000+00:00","meta_title":null,"meta_description":null,"og_description":null,"og_image":null,"og_title":null,"twitter_description":null,"twitter_image":null,"twitter_title":null,"authors":[{"name":"Annie Mellor","slug":"annie","bio":null,"profile_image":null,"twitter":null,"facebook":null,"website":null}],"primary_author":{"name":"Annie Mellor","slug":"annie","bio":null,"profile_image":null,"twitter":null,"facebook":null,"website":null},"primary_tag":null,"tags":[{"name":"#blog","slug":"hash-blog","description":null,"feature_image":null,"meta_description":null,"meta_title":null,"visibility":"internal"},{"name":"#feed","slug":"hash-feed","description":null,"feature_image":null,"meta_description":null,"meta_title":null,"visibility":"internal"},{"name":"multiply-minute","slug":"multiply-minute","description":"The 1-minute read to get the money news you need with expert adviser commentary","feature_image":null,"meta_description":null,"meta_title":null,"visibility":"public"}],"plaintext":"New trade deal\nA new £1 billion deal between the UK and India will create 6,000 jobs in the\nhealth and tech sectors [about:blank], according to Boris Johnson. The deal was\nannounced today and includes millions in investment, including £240 million from\nIndia’s Serum institute which is currently pumping out coronavirus vaccines.\nThis isn’t a full free trade deal though - talks for that will start in the\nautumn.\n\nBreathing space\nPeople getting advice for problem debt can now apply for a 60-day break\n[https://www.bbc.co.uk/news/business-56945218] from new charges, letters from\nlenders, and other enforcement. The “breathing space” scheme is designed to stop\npeople falling into a vicious cycle of borrowing. It starts today after years of\ncampaigning by debt charities, and could help an estimated 700,000 people in the\nfirst year alone.\n\nThe adviser view: \"This break is designed to let people make a plan for paying\noff their debt. If you are struggling with debt, there are a number of debt\ncharities around who can be a great help\"\n\nHoliday rules\nThe EU has confirmed that vaccinated travellers will be allowed to travel to\nEurope from June. The UK could put an end to holiday hopes though, with a \nstrict\ntraffic light system\n[https://www.theguardian.com/business/2021/may/03/uk-likely-to-give-green-light-for-travel-to-fewer-than-10-eu-countries] \nwhich will be announced this week. Fewer than 10 countries could get the green\nlight for quarantine-free travel - and some of those might not be classic\nholiday destinations.\n\nThe adviser view: \"If anyone is thinking of a holiday (either at home or\nabroad), you should consider taking out travel insurance. Make sure you\nunderstand what you are and aren’t covered for, especially any Covid-19 related\nclause.\"\n\nPrime property boom\nLondon estate agents say the supercars are back in Knightsbridge. Home sales in\nthe capital’s priciest addresses are up 80% since the end of lockdown\n[https://www.telegraph.co.uk/property/uk/sales-londons-priciest-properties-spike-80pc-lockdown-ends/]\n*, the highest in the UK, according to Zoopla. The property site says coastal\nand rural areas have also seen big jumps in transaction volumes.\n\n*this article may need a subscription to read","html":"<h3 id=\"new-trade-deal\">New trade deal</h3><p>A new £1 billion deal between the UK and India will <a href=\"about:blank\">create 6,000 jobs in the health and tech sectors</a>, according to Boris Johnson. The deal was announced today and includes millions in investment, including £240 million from India’s Serum institute which is currently pumping out coronavirus vaccines. This isn’t a full free trade deal though - talks for that will start in the autumn.</p><h3 id=\"breathing-space\">Breathing space</h3><p>People getting advice for problem debt can now <a href=\"https://www.bbc.co.uk/news/business-56945218\">apply for a 60-day break</a> from new charges, letters from lenders, and other enforcement. The “breathing space” scheme is designed to stop people falling into a vicious cycle of borrowing. It starts today after years of campaigning by debt charities, and could help an estimated 700,000 people in the first year alone.</p><p><em><strong>The adviser view:</strong> \"This break is designed to let people make a plan for paying off their debt. If you are struggling with debt, there are a number of debt charities around who can be a great help\"</em></p><h3 id=\"holiday-rules\">Holiday rules</h3><p>The EU has confirmed that vaccinated travellers will be allowed to travel to Europe from June. The UK could put an end to holiday hopes though, with a <a href=\"https://www.theguardian.com/business/2021/may/03/uk-likely-to-give-green-light-for-travel-to-fewer-than-10-eu-countries\">strict traffic light system</a> which will be announced this week. Fewer than 10 countries could get the green light for quarantine-free travel - and some of those might not be classic holiday destinations.</p><p><em><strong>The adviser view:</strong> \"If anyone is thinking of a holiday (either at home or abroad), you should consider taking out travel insurance. Make sure you understand what you are and aren’t covered for, especially any Covid-19 related clause.\"</em></p><h3 id=\"prime-property-boom\">Prime property boom</h3><p>London estate agents say the supercars are back in Knightsbridge. Home sales in the capital’s priciest addresses are <a href=\"https://www.telegraph.co.uk/property/uk/sales-londons-priciest-properties-spike-80pc-lockdown-ends/\">up 80% since the end of lockdown</a>*, the highest in the UK, according to Zoopla. The property site says coastal and rural areas have also seen big jumps in transaction volumes.</p><p>*this article may need a subscription to read</p>","url":"https://multiply.ghost.io/1bn-deal-with-india/","uuid":"082fa65e-dc1c-41fc-a18a-ca53fbfc34de","page":null,"codeinjection_foot":null,"codeinjection_head":null,"codeinjection_styles":null,"comment_id":"60911633fcd600003bbc8447"}},"pageContext":{"slug":"1bn-deal-with-india"}},"staticQueryHashes":["176528973","2358152166","2561578252","2731221146","4145280475"]}