The rate of inflation in Britain slowed for a consecutive second month in December, but was still running in the double digits, maintaining a tight squeeze on household finances.Consumer prices […]
Great Britain
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Back to news homeBritain’s Economic Health Is Withering With Sick Workers on the Sidelines
Christina Barratt was used to the 12- to 14-hour days. For years, she would get into her car each morning and set out to department stores and other retailers all […]
Britain’s Soaring Energy Costs Strain Crisis Responders
The day after an arctic blast of air hit Britain, plunging temperatures below freezing and blanketing the country in frost, a 72-year-old man finally got through to the advice phone […]
Bank of England Raises Interest Rates by Half a Point to Curb Inflation
The Bank of England raised interest rates by half a percentage point on Thursday, moderating the pace of increases while Britain braces for a prolonged recession with inflation eating away […]
U.K. Inflation Rate Slows to 10.7 Percent
Britain’s inflation rate eased away from a 41-year high on Wednesday, but the slowdown brings only limited relief to a nation gripped by a deep cost-of-living crisis.Consumer prices in Britain […]
UK Braces for Strikes Across Several Industries Through Christmas
Rarely would a brewery, a nonprofit housing organization and a pickle factory have much in common. But this week in Britain, workers at all three walked off the job in […]
Global Car Supply Chains Entangled With Abuses in Xinjiang, Report Says
Many of those suppliers run through China, which has become increasingly vital to the global auto industry and the United States, the destination for about a quarter of the auto […]
U.K. Backs Giant Nuclear Plant, Squeezing Out China
The British government on Tuesday threw its weight behind nuclear power, saying it would back a major new generating plant on the coast of the North Sea northeast of London.The […]
Giant Wind Farms Arise Off Scotland, Easing the Pain of Oil’s Decline
The pilot of the nearly 80-foot work boat gunned its powerful engines, pinning the bow against the base of a towering wind turbine in the smooth North Sea. Three men […]
Will Taxing the Windfall Profits of Oil Giants Fix Countries’ Economies?
Major oil and gas companies have raked in multibillion-dollar profits at unheard-of levels. Households around the world are reeling from soaring energy prices, while governments are struggling with outsize spending […]