U.K. economy
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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
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
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
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
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
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
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
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
By Gary StevensonSeptember 29, 2022
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
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
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
FinanceThe UK’s stock and bond markets have already lost $500 billion in value during Liz Truss’ short tenure
By Will DanielSeptember 27, 2022
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