The sharp policy U-turn by Liz Truss, Britain’s prime minister, reveals the perils of taking the wrong path in the fight against scalding inflation. Read More
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Back to news homeTurmoil Returns to the U.K. Bond Market
The Bank of England started a bond-buying program last month to stabilize financial markets. But its plan to end the program this Friday is only making investors more nervous. Read […]
Sleepy Corner of U.K.’s Pension Industry Forced the Bank of England’s Hand
Plans by Britain’s new prime minister, Liz Truss, to cut taxes and freeze energy bills landed like a bomb in a niche corner of financial markets, hitting government bond prices […]
U.K. Borrowers React to Soaring Interest Rates in Mortgage Market
LOUGHTON, England — After nearly two decades of renting in one of the world’s most expensive cities, the Szostek family began the week almost certain that they would finally own […]
A French Hit on Netflix Changes Its Language and Streaming Service
The executive producer of “Ten Percent” is John Morton, best known for his comedy “W1A,” which satirizes the BBC. In a recent interview, he said he was cognizant of the […]
Britannia, With Fewer Rules
“Every stage of the crisis has been characterized by the idea that Britain is a special case,” Mr. Sanghera wrote.It was special, and sometimes for the best of reasons. When […]
Urea Shortage Is Felt Around the World
This is a story about one of those unsung forces that quietly keep the world running. It is a story about the clockwork interconnectedness of modern civilization, about how disturbances […]
Supply Chain Shortages Continue Around the World. Get Used to It.
Like most people in the developed world, Kirsten Gjesdal had long taken for granted her ability to order whatever she needs and then watch the goods arrive, without any thought […]
What a U.K. Staycation Looks Like in a Pandemic
ISLE OF WIGHT, England — For the second year running, a hallowed rite for millions of people in Britain — decamping to the warmer climate of the Mediterranean — has […]
An E.V. Start-Up Backed by UPS Does Away With the Assembly Line
“This is about getting the best, optimal delivery vehicle for us,” Mr. Wake said.Globally, UPS operates a fleet of about 120,000 vehicles, and around 13,000 of them use alternatives to […]