Albert Manifold, who was abruptly fired less than a year after he was appointed, said he was let go “without explanation.”
Category: Great Britain
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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.
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How Energy Prices Are Driving Demand for Solar Panels and Heat Pumps
Already having faced an energy crisis five years ago, more European consumers believe they are “one Trump-ignited war away” from crushing costs.
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The ‘Perfect Storm’ Hanging Over Britain’s Public Debt
Bond investors are expected to scrutinize the results of critical local elections on Thursday as the war in the Middle East adds inflation pressure on the government.
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Trump’s Tariff Reversal Reopens a Major Market for Scotch Whisky
A 10 percent tax on American imports was hurting British sales, even though exporters had increased sales in India, China and other countries.
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Why Countries Are Stocking Up on Gold
As risk has escalated, central banks have bought more gold to stash in reserve. A widening Middle East war could add to the urgency.
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Rising Fuel Prices Could Force Excruciating Choices on Economic Policies
The European Central Bank and Bank of England were expected to hold interest rates steady on Thursday while searching for signs of possible longer-term damage.