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U.K. economy

Page 5 of 7
A picture of Sherard Cowper-Coles
PoliticsTop HSBC boss calls the U.K. ‘weak’ for taking sides with the U.S. against China
By Prarthana PrakashAugust 7, 2023
Itsu outdoor sign logo seen in central London
RetailPret A Manger founder and Itsu CEO wants people to stop complaining about high interest rates like it’s ‘the end of the world’
By Prarthana PrakashAugust 3, 2023
A person carrying a box of random items up a flight of stairs
EuropeMillennials gain a 10-year jump with cash from the ‘Bank of Mum and Dad’—boosting property ladder climb and financial muscle
By Prarthana PrakashJuly 26, 2023
Liz Truss
EuropeLiz Truss can now claim $128,000 a year for life after serving as PM for just 44 days due to a special U.K. law — but it’s not a wage
By Sophie MellorOctober 21, 2022
Investors peg one major economy as the first to tip into a recession—and name another whose assets will lead the recovery
FinanceInvestors peg one major economy as the first to tip into a recession—and name another whose assets will lead the recovery
By Edward Harrison and BloombergOctober 17, 2022
London rental crisis
EuropeTenants offering 12 months rent in advance, 50% bids above asking price, paying deposits on-site to secure a flat: Welcome to London’s rental crisis
By Sophie MellorOctober 8, 2022
Kwasi Kwarteng acknowledges ‘a little turbulence’ and vows ‘no more distractions’ after killing key part of a 10-day-old U.K. tax plan
FinanceKwasi Kwarteng acknowledges ‘a little turbulence’ and vows ‘no more distractions’ after killing key part of a 10-day-old U.K. tax plan
By Emily Ashton and BloombergOctober 3, 2022
Liz Truss said she was absolutely committed to controversial tax cuts — 24 hours later she’s forced into a humiliating U-turn
FinanceLiz Truss said she was absolutely committed to controversial tax cuts — 24 hours later she’s forced into a humiliating U-turn
By Alex Morales, Kitty Donaldson and BloombergOctober 3, 2022
Liz Truss stands by U.K. tax cuts plan but wishes she had ‘laid the ground better’ after market chaos
EuropeLiz Truss stands by U.K. tax cuts plan but wishes she had ‘laid the ground better’ after market chaos
By Kitty Donaldson and BloombergOctober 2, 2022
I got rich by betting that inequality would destroy the U.S. and U.K. I’m sorry
CommentaryI got rich by betting that inequality would destroy the U.S. and U.K. I’m sorry
By Gary StevensonSeptember 29, 2022
‘This is the right plan.’ Embattled British PM doubles down on tax cuts and borrowing jump as bonds and pound slide
Finance‘This is the right plan.’ Embattled British PM doubles down on tax cuts and borrowing jump as bonds and pound slide
By Ellen Milligan, Joe Mayes and BloombergSeptember 29, 2022
Mohamed El-Erian, former chief executive officer of Pacific Investment Management Co. (PIMCO), speaks during a Bloomberg Television interview in New York, U.S., on Wednesday, Sept. 7, 2016.
FinanceA U.K. recession is now ‘inevitable’ and the only question is its ‘depth and duration,’ top economist Mohamed El-Erian says
By Will DanielSeptember 28, 2022
London property price crash
EuropeThe U.K. is facing a property crash as the popularity of 2- to 5-year fixed mortgages means millions may soon not be able to afford their monthly payments
By Sophie MellorSeptember 28, 2022
UK Prime Minister Liz Truss and Chancellor of the Exchequer Kwasi Kwarteng visit Berkeley Modular, on September 23, 2022 in Northfleet, England.
FinanceThe UK’s stock and bond markets have already lost $500 billion in value during Liz Truss’ short tenure
By Will DanielSeptember 27, 2022
Why the market vetoed the U.K.’s budget–and what it means for the changing nature of stimulus around the world
CommentaryWhy the market vetoed the U.K.’s budget–and what it means for the changing nature of stimulus around the world
By Philipp Carlsson-Szlezak and Paul SwartzSeptember 27, 2022
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