Eshe Nelson
Posts
Britain’s Economy Is ‘Not Working.’ Here Are 2 Key Reasons.
The power grid can’t keep up with demand for connections, and local planning authorities can block new construction for years. Overcoming these roadblocks has gained...
U.K. Inflation Unexpectedly Cools to 3.9 Percent, Lowest in 2 Years
Price growth slowed as fuel costs declined and food inflation continued to ease.
European Central Bank Leaves Rates Unchanged as Price Pressures Ease
Although the inflation rate has fallen to 2.4 percent, the bank said economic growth was expected to remain “subdued” in the short term.
Bank of England Keeps Interest Rates at 5.25%, a 15-Year High
The British economy has showed signs of slowing down, with inflation dropping below 5 percent in October, but the bank gave no sign of a...
In Central London, a Big Bet on a Return to the Office
The City of London, Britain’s historic financial district, is transforming its skyline with “best in class” office towers.
Samir Shah Picked as New Chairman of the BBC
Samir Shah will succeed Richard Sharp, who resigned after failing to disclose his involvement in a loan for former Prime Minister Boris Johnson.
U.K. Cuts Workers’ Taxes as Sunak Faces Election and Stagnant Economy
Britain’s top financial official, Jeremy Hunt, outlined measures to spur business investment and push more people into work.
U.K. Inflation Slows to 4.6 Percent, Lowest in Two Years
Inflation is expected to continue to slow, but central bank officials have said they will keep interest rates high.
U.K. Economy Stagnates as High Interest Rates Take Toll
The British economy flatlined in the third quarter, entering what is expected to be a protracted period of stagnation.
Bank of England Holds Rates Steady Amid Signs of Weakening Economy
Britain’s central bank said interest rates would need to remain high for an “extended” period, and economic growth is expected to be flat over much...