The Bank of England said earlier this month that Britain’s workforce will be “permanently smaller” as a result of the pandemic, citing “increasing detachment” from workers. A greater number of baby…
Last year will be remembered as the most turbulent for the global economy since the 2008 financial crisis. Russia’s invasion of Ukraine drove an enormous increase in global energy prices, which led to inflation spiking across the world.…
Britain is getting poorer. Independent forecasts from the Office for Budget Responsibility published last week predicted a 7% drop in living standards over the next two years – an average of £1,700 per household, wiping out eight years…
Maybe you’ve glossed over the wild news coming out of the U.K. recently, but it’s actually important stuff, especially as it concerns the country’s new prime minister, Rishi Sunak, whose backstory has deep and surprising American…
Analysts are concerned about a knock-on effect to the U.K.'s shadow banking sector in the event of a sudden rise in interest rates.Photo by Richard Baker | In Pictures | Getty ImagesLONDON — After last week's chaos in British bond…
NEW YORK/LONDON, Sept 28 (Reuters) - The scale and speed of the sell-off in British assets has jolted world markets, raising concern about contagion as chaos in a major developed economy adds to unease already generated by sharp interest…
Despite yesterday’s mini-budget, nearly every family will face the winter with much higher bills than last year. The current government support to keep bills down is just a short-term sticking plaster. Liz Truss and her ministers have no…
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Breaking: Queen Elizabeth II has died at 96.Earlier this week, the Queen met with incoming Prime Minister Liz Truss and was up on her feet and reportedly fine. She had been in good health recently however there were rumors earlier today…