Eshe Nelson
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U.K. Economy Shrank as 2023 Ended, Tipping Into Recession
Growth contracted 0.3 percent from October to December, the latest sign of a lackluster economy slowed by weak retail sales.
Britain’s Economy Is ‘Not Working.’ Here Are 2 Key Reasons.
The power grid can’t keep up with demand for connections, and local planning authorities can block new construction for years. Overcoming these roadblocks has gained...
Bank of England Keeps Interest Rates at 5.25%, a 15-Year High
The British economy has showed signs of slowing down, with inflation dropping below 5 percent in October, but the bank gave no sign of a...
In Central London, a Big Bet on a Return to the Office
The City of London, Britain’s historic financial district, is transforming its skyline with “best in class” office towers.
U.K. Inflation Slows to 4.6 Percent, Lowest in Two Years
Inflation is expected to continue to slow, but central bank officials have said they will keep interest rates high.
Bank of England Holds Rates Steady Amid Signs of Weakening Economy
Britain’s central bank said that interest rates would need to remain high for an “extended” period, and that economic growth was expected to be flat...
In Global Race to Offer Green Subsidies, U.K. Prefers Slow and Steady
Competing against sizable U.S. incentives, Britain is choosing a less expensive route, winning some fans while exasperating others.
European Central Bank Keeps Rates on Hold for First Time in Over a Year
“Inflation is still expected stay too high for too long,” the bank said, but noted that its campaign of interest rate increases was helping to...
What Is Going On in Britain’s Economy? The Picture Is Foggy.
The country’s statistics agency published new “experimental” labor market data, the latest in a series of economic re-evaluations.
What Is Going on in the U.K.’s Economy?
The country’s statistics agency published new “experimental” labor market data, the latest in a series of economic re-evaluations.
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