United Kingdom Day on 26 July 2024 will focus more on:
● At the Paris Olympics, a third of the United Kingdom team attended private school
● The pound fell on latest forecasts that the United Kingdom Bank will cut interest rates for the first time in August
● United Kingdom car manufacturers have made large-scale changes to production lines and converted to electric cars
● The United Kingdom government works with the royal family to build wind farms
● Private equity firm Apollo to buy United Kingdom delivery giant Evri for £2.7 billion
At the Paris Olympics, a third of the United Kingdom team attended private school
The opening ceremony of the 2024 Summer Olympics will take place in Paris, France, on 26 July, and the United Kingdom team will make up 327 athletes (155 men and 172 women).
The United Kingdom's Good Schools Guide survey found that a third (33 per cent) of United Kingdom athletes had attended a private school, up from 24 per cent at the Rio Olympics eight years ago. By comparison, around 7% of students in the United Kingdom are currently educated in private schools.
Among the United Kingdom teams at this year's Games, rowing and hockey have the highest percentage of athletes going to private school, at 52 per cent and 47 per cent respectively. The proportion of cycling events is even lower, at only 8%.
为本届奥运会输送了最多选手的前三所私校分别是德文郡的Plymouth College、萨默塞特郡的Millfield School和南克罗伊登的Whitgift School。
According to the Good School Guide, in addition to having more comprehensive sports facilities and sports training teams, private schools also identify the potential of students at a very young age. Usually, private schools offer scholarships or tuition discounts to students with special talents.
The pound fell after the latest forecasts said that the United Kingdom Bank would cut interest rates for the first time in August
A recent Reuters survey of 60 economists showed that more than 80% of economists (49 out of 60) believe that the United Kingdom's central bank will start cutting its base rate in August.
Currently, the United Kingdom base rate is at a more than 15-year high of 5.25%. Moreover, the Bank of United Kingdom has not cut interest rates for more than 4 years. Economists surveyed believe that the central bank may cut interest rates to 5% in August.
However, in terms of the overall probability of a rate cut, only 46% of market participants believe that the central bank will cut interest rates next month, and the majority (54%) still believe that interest rates will remain unchanged.
The pound fell again this week on expectations of higher interest rate cuts, falling to 1.287 against the dollar and 9.29 against the yuan.
Here's how the GBP/USD exchange rate has moved over the past week:
Here's how the GBP/CNY exchange rate has moved over the past week:
As of this time (July 26), the latest exchange rate of the British pound is as follows:
United Kingdom automakers massively revamp production lines to make the switch to trams
According to the Society of Motor Manufacturers and Traders in the United Kingdom, total car production in United Kingdom fell by 7.6% in the first half of this year. However, the agency noted that the drop in production was to be expected, as United Kingdom automakers made a massive overhaul of production lines to produce electric vehicles.
In terms of car exports, the EU continues to account for the majority of United Kingdom car exports (55.4%); This was followed by United States, China, Turkey and Australia, which together accounted for 29.4% of all export orders.
Mike Hawes, chief executive of the United Kingdom Association of Motor Manufacturers and Traders, said: "The United Kingdom automotive industry is accelerating the pace of producing the next generation of electric vehicles and this shift will be a growth engine for the entire United Kingdom economy. ”
The United Kingdom government worked with the royal family to build wind farms
Great British Energy, the new state-owned energy company created by the United Kingdom Labour government, made its first major announcement, saying it would use the £8.3bn windfall tax paid by oil and gas giants while working with the United Kingdom's Crown Estate to build wind farms on the United Kingdom's seabed.
The Labour government says the move is aimed at helping United Kingdom become more self-sufficient in energy and helping the average United Kingdom household reduce their energy bills.
Private equity firm Apollo will buy United Kingdom delivery giant Evri for £2.7 billion
Sky News has learned that private equity firm Apollo Global Management will buy United Kingdom delivery giant Evri for £2.7 billion, and the exact news of the deal may be officially announced on the afternoon of July 26.
This means that Apollo has beaten out rivals including Chinese e-commerce giant JD.com, Alibaba's Cainiao Logistics and DHL in the bid.