Why It MattersThe small expansion has cemented the improved outlook for Britain’s economy. Late last year, there were fears of a recession, but since then, wholesale gas prices have fallen […]
Great Britain
Trending topics and news from the Great Britain category
Back to news homeBank of England Raises Interest Rates to 4.5%, Highest Level in 15 Years
The Bank of England raised interest rates on Thursday, its 12th consecutive increase, as Britain’s inflation rate remained stubbornly in the double digits.The central bank also upgraded its economic forecasts […]
The U.K. Economy Needs a Pick-Me-Up. Is the Coronation Enough?
Dawn Anchor, who runs a pub in the village of Kings Worthy, about 60 miles southwest of London, has everything she needs: reams of red, white and blue bunting, mini […]
Stock Markets React After U.K. Blocks Microsoft’s Activision Bid
British antitrust regulators on Wednesday dealt a major setback to Microsoft’s plans to acquire the video game giant Activision Blizzard for $69 billion, blocking the proposed deal and handing a […]
U.K. Inflation Dips to 10.1 Percent as Food Prices Remain High
Britain’s inflation rate slowed last month, but is likely to bring only limited relief to households as it stubbornly held in the double digits because of rapidly rising food prices.Consumer […]
Meme Group on Discord Is Focus of Uproar Over Leaked Pentagon Documents
An online community of a few thousand subscribers that followed a YouTube celebrity named wow_mao had for years occupied a small, very male-centric corner of the internet. It was hosted […]
U.K. Inflation Swings Upward, to 10.4 Percent
Britain’s inflation rate unexpectedly rose last month, reversing its recent downward trend and potentially undermining expectations that the Bank of England was close to halting interest rate increases.Consumer prices in […]
UK Budget Offers More Free Child Care as Work Incentive
The British government announced an expansion of free child care, extended household energy subsidies and bolstered business investment incentives on Wednesday as ministers attempt to pull the nation’s economy out […]
Britain Wants Its Early Retirees Back, but Their Days Are ‘Never Boring’
Britain’s top financial official started the year with a plea. To those who retired early in the pandemic or have not found the right job after furlough, Jeremy Hunt said, […]
Shell’s Profit Soared to $42 Billion in 2022
Shell, Europe’s largest energy company, reported a bumper annual profit for 2022 on Thursday: $42.3 billion, more than double its 2021 total and probably a record for any Britain-based company.The […]