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U.K. Economy Shrinks as Threat of Recession Nears

Bank of England Economic Conditions and Trends Great Britain Inflation (Economics) Recession and Depression

U.K. Economy Shrinks as Threat of Recession Nears

Britain’s economic output fell in the third quarter and European Union officials forecast weakening growth for countries across the continent.

By Patricia Cohen and Melissa Eddy

U.K. Economy Shrinks as Threat of Recession Nears

Bank of England Economic Conditions and Trends Great Britain Inflation (Economics) Recession and Depression

U.K. Economy Shrinks as Threat of Recession Nears

Economic output fell 0.2 percent in the third quarter as the services and production industries slowed.

By Patricia Cohen

BlackRock Expands Client Voting in Shareholder Elections

Bank of England BlackRock Inc CBS Corporation Fink, Laurence D Irsay, Jim Moonves, Leslie Morgan Stanley Musk, Elon Scholz, Olaf (1958- ) Schwartz, Gil

BlackRock Expands Client Voting in Shareholder Elections

The money manager said it will let more clients vote individually in companies’ elections, as it faces criticism of its own shareholder power.

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Bank of England Is Set to Raise Rates After U.K. Political Turmoil

Bank of England Economic Conditions and Trends Great Britain Inflation (Economics) Interest Rates

Bank of England Is Set to Raise Rates After U.K. Political Turmoil

An increase of three-quarters of a point is expected as the central bank meets on Thursday for the first time since Liz Truss resigned as prime minister.

By Eshe Nelson