How to clean up in a trickle down
Professor Bastion gets Trussed up as she witnesses opportunities in Kiev. When I heard the new PM’s words, “I am willing to be unpopular”, I felt goosebumps. At last an …
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Markets spooked as UK slashes taxes and boosts borrowing
LONDON — U.K. Chancellor Kwasi Kwarteng signaled a sharp change in British economic policy Friday as he cut taxes, pledging a “new era” focused on boosting growth. Markets reacted dramatically …
Markets spooked as UK slashes taxes and boosts borrowing Read More
Queen’s funeral could push U.K. into ‘technical recession’: economic forecast
The death of Queen Elizabeth II could be the blow that sends the United Kingdom’s already-strained economy into a “technical recession,” according to one economic projection, as some Canadians also ring warning …
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Sterling suffered its worst month since Brexit, and analysts expect it to ‘plumb new depths’
LONDON — Sterling in August suffered its sharpest monthly fall against the U.S. dollar since the aftermath of the Brexit referendum, as political uncertainty and a historic cost-of-living crisis weigh …
Sterling suffered its worst month since Brexit, and analysts expect it to ‘plumb new depths’ Read More
Two-thirds of UK households to be in fuel poverty by the new year, according to new report
People living in the poorest and coldest regions of the UK will be the worst affected along with those who are already most likely to be struggling with the cost …
Two-thirds of UK households to be in fuel poverty by the new year, according to new report Read More
UK energy bills to rise by 80% in October as regulator announces hike
LONDON — Britain’s energy regulator announced Friday it will raise its main cap on consumer energy bills to an average £3,549 from £1,971 a year, as campaign groups, think tanks …
UK energy bills to rise by 80% in October as regulator announces hike Read More
UK’s COVID heroes among hardest hit by cost of living crisis
t the height of the pandemic, as hundreds were dying each day, Ivan Andino was travelling across London on a crowded Tube carriage to clean an empty office. Ivan works …
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UK central bank raises interest rate, warns of recession
The pound sterling dropped on Thursday after the Bank of England upped interest rates by the biggest increase in 27 years. At the same time it delivered the rise in …
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Economic instability blamed for decrease in food & drink dealmaking
Soaring inflation and economic instability has weighed on UK food and drink dealmaking, with the past quarter seeing the lowest number of deals completed since the depth of the Covid …
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How 40C heatwave vapourised millions of pounds from UK economy
The UK recorded its highest temperature ever on Tuesday, exceeding 40C (104F), and prompting a refocus on climate change as the heatwave gripping Europe intensifies. According to the Met Office a record …
How 40C heatwave vapourised millions of pounds from UK economy Read More