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U.K. economy

Page 3 of 7
people walking on a busy street
RetailThe U.K. just entered a recession—but a surprise boost from strong retail sales could be the glimmer of hope its economy needed
By Prarthana PrakashFebruary 16, 2024
people walking on a busy street in London
PoliticsBrexit vote has left U.K.’s economy 5% worse off, Goldman Sachs economists say
By Prarthana PrakashFebruary 13, 2024
people walking by a Burberry store
RetailLuxury trench-coat maker Burberry is buttoning up for a gloomy earnings report after Christmas washout
By Prarthana PrakashJanuary 12, 2024
woman standing in front of a camera holding a pink sweater in hand
RetailGen Zers cashing in with side hustles on Depop and Vinted may soon have to declare their earnings to the U.K. taxman
By Prarthana PrakashJanuary 2, 2024
woman looking closely at a product in a glass jar at a store
RetailA ‘skimpflation’ plague took over supermarkets in 2023 with consumers saying products are smaller and sometimes worse quality for the same price—if not more
By Prarthana PrakashDecember 29, 2023
people walking on a busy street in London
FinanceBritish startups should be kept on home soil, says top bank boss, claiming U.S. buyers are getting all the glory with none of the risk
By Prarthana PrakashDecember 28, 2023
a row of houses with signs showing sold or to let signs
RetailRocketing rental prices in London should be music to landlords’ ears—but instead, they are on a selling spree
By Prarthana PrakashDecember 6, 2023
a picture showing a busy street in the city of London
FinanceBritain’s snail-pace growth has set U.K. households back by $10,500 as peers in France and Germany pull away
By Prarthana PrakashDecember 4, 2023
a bird's eye view of Nottingham city
FinanceMajor British city declares bankruptcy as inflation and growing social care costs blow a $29 million hole in its budget
By Prarthana PrakashNovember 30, 2023
people walking outside a Barclays Bank branch
FinanceBarclays Bank is reportedly axing up to 2,000 jobs as part of a $1.25 billion cost-cutting plan
By Prarthana PrakashNovember 24, 2023
woman smiling and waving at her monitor
SuccessAI should make the 4-day work week possible for millions of workers. The question is whether they’ll use the free time for leisure—or more work
By Prarthana PrakashNovember 24, 2023
People waiting outside a clinic with masks on
HealthPeter Thiel–cofounded Palantir will overhaul the U.K.’s public health service in a deal worth up to $413M—and people are worried
By Prarthana PrakashNovember 22, 2023
People outside a Marks & Spencer store
RetailSelf-checkout counters encourage shoplifting among middle-class Brits, Marks & Spencer chairman says
By Prarthana PrakashNovember 21, 2023
person walking outside a burberry storefront
RetailBurberry joins LVMH and Gucci in the luxury slump as brand says it may miss its revenue target for the year
By Prarthana PrakashNovember 16, 2023
Barbie poster in London
FinanceBarbie movie added close to $100 million to the struggling British economy
By Orianna Rosa RoyleNovember 16, 2023
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