Vattenfall, a Swedish energy company, has for years been doing preliminary work for what would be one of the world’s largest offshore wind complexes, in the North Sea off eastern […]
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Back to news homeTottenham Hotspur Owner Joe Lewis Is Charged in U.S. With Insider Trading
Federal prosecutors charged Joseph C. Lewis, the British billionaire who owns the Tottenham Hotspur English soccer club, with insider trading, accusing him of illegally funneling nonpublic information to associates to […]
The Guardian Explores Its Ties to Slavery, and Britain’s
Those facts weren’t much discussed until the murder of George Floyd, in May 2020, and the global spread of the Black Lives Matter movement. A number of British corporations soon […]
The End of the Magic World’s 50-Year Grudge
In 1973, a young man named Uri Geller appeared on one of the BBC’s most popular television shows, “The Dimbleby Talk-In,” and announced that the laws of Newtonian physics did […]
Facial Recognition Spreads as Tool to Fight Shoplifting
Simon Mackenzie, a security officer at the discount retailer QD Stores outside London, was short of breath. He had just chased after three shoplifters who had taken off with several […]
Bank of England Raises Rates More Than Expected, as Inflation Persists
The Bank of England raised interest rates by half a percentage point on Thursday, a larger-than-expected move, as policymakers struggle to bring down Britain’s persistently high rate of inflation.The central […]
U.K. Inflation Remains Stuck at 8.7 Percent
Last month, the central bank warned that many mortgage holders had not experienced the cost of higher interest rates yet. About 1.3 million households are expected to reach the end […]
UK Braces for Higher Interest Rates as Risk of Inflation Grows
Britain on Tuesday received another sign that inflation could painfully linger. The country braced, once again, for higher interest rates as bond yields climbed above the levels when Liz Truss […]
Why Are Food Prices So High in Europe? Sugar, Cheese and Bread Costs Soar
Agricultural and energy costs are falling, but basic items remain stubbornly expensive for consumers.It is the most basic of staple food items: sliced white bread. In Britain, the average price […]
U.K. Inflation Slowed in April, but Remains Stubbornly High
Why It Matters: Food prices are the main inflation concern.The slowdown in inflation was less than the Bank of England’s forecast, which had projected 8.4 percent for April. The inflation […]