The $2.1 billion purchase would combine two major British media outlets and help the Comcast-owned Sky compete with streaming giants.
Category: Great Britain
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Those British Strawberries Are Being Picked by Central Asian Workers
Ten years after Brexit, most seasonal workers in Britain are from countries such as Kyrgyzstan and Tajikistan. Without them, agricultural chiefs say, many farms would fail.
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Brexit Has Cost the UK Growth, Analysts Say, in the Decade Since the Vote
Citing lower trade and investment, analysts broadly agree that Britain’s economy is smaller than it would have been if the country had stayed in the E.U.
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After Starmer Quits, Investors Wonder Where the British Economy Goes Next
Markets reacted calmly to the prime minister’s announcement, which laid out a timeline for succession. Still, there’s not much clarity about the next government.
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BP’s Former Chairman, Albert Manifold, Disputes How Company Characterized His Dismissal
Albert Manifold, who was abruptly fired less than a year after he was appointed, said he was let go “without explanation.”
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Even After a Strait of Hormuz Deal, Moving 1,500 Ships Won’t Be Easy
An agreement to reopen the waterway would be followed by a complicated process of navigating a backlog of vessels stranded for nearly three months.
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UK Institute Is Hunting for Dangers Lurking in AI
The government’s A.I. Security Institute, staffed by alumni from OpenAI and Google, is becoming a model for countries grappling with A.I.’s emerging risks.
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British Politics Is Obsessing Over the Bond Market. Here’s Why.
Britain is facing another round of turmoil in government leadership, jolting debt investors who were already on high alert over inflation.
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Is the Bond Market Signaling Danger? Or Opportunity?
Interest rates for long-term Treasury bonds have surged to levels last seen in 2007, before the great financial crisis.
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What the Bond Markets Are Saying About Britain’s Politics and Economy
The yields on British debt pushed higher as the country’s prime minister, Keir Starmer, confronted a rebellion from members of his party.
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Britain Will Nationalize Its Last Major Steel Mill, Prime Minister Says
Keir Starmer, with thousands of jobs at stake, vowed to take full control of British Steel, a year after the government first intervened to keep its operations going.