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U.K. economy

Page 5 of 7
A PICTURE OF PET CEO PANO CHRISTOU
Retail
Pret A Manger CEO is betting against return-to-office mandates
By Prarthana PrakashAugust 24, 2023
The amount Britain owes exceeds its GDP for the first time since 1961—and credit-rating agencies are watching
Europe
The amount Britain owes exceeds its GDP for the first time since 1961—and credit-rating agencies are watching
By Tom Rees, Alice Gledhill, Philip Aldrick and BloombergAugust 19, 2023
A picture of Sherard Cowper-Coles
Politics
Top 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
Retail
Pret 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
Europe
Millennials 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
Europe
Liz 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
Finance
Investors 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
Europe
Tenants 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
Finance
Kwasi 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
Finance
Liz 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
Europe
Liz 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
Commentary
I 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.
Finance
A 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
Europe
The 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
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