Eshe Nelson
Posts
To Revive a Dying Main Street, One British Landlord Offered Free Rent
In a coastal English town, a floundering shopping district was given new life after 10 local businesses were given free rent for two years.
At the Front Lines of the Inflation Fight, Uncertainty Reigns
Central bankers and economists gathered and, amid concerns about persistent inflation, wondered about all the things they still don’t know.
Bank of England Raises Rates More Than Expected, as Inflation Persists
‘We know this is hard,’ the central bank’s governor said, after increasing interest rates by a half point, to 5 percent.
U.K. Inflation Remains Stuck at 8.7 Percent
The rate, which had been expected to edge lower in May, shows that Britain’s cost-of-living persists, and is likely to prompt the Bank of England...
European Central Bank Raises Interest Rates to Highest Level Since 2001
Inflation is “projected to remain too high for too long,” the central bank said as it raised interest rates by a quarter-point, its eighth consecutive...
Is Beyoncé Linked to Sweden’s Inflation? An Economist Says So.
As fans from around the world spent money to witness the kick off of the star’s tour in Sweden, they may have caused the country’s...
An Amazon Unionizing Bid in Britain Stumbles
Over 700 workers in Coventry joined a union and are seeking recognition for it to negotiate with the company, known for its resistance to organized...
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.
Bank of England Raises Interest Rates to 4.5%, Highest Level in 15 Years
The central bank lifted its benchmark rate a quarter point, to 4.5 percent, as part of its aggressive policy to tame inflation, which has remained...
European Central Bank Raises Rates Again, but Only a Quarter Point
The bank said “underlying price pressures remain strong” in the eurozone, where the annual inflation rate reached 7 percent last month.
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