Britain’s central bank reduced interest rates to 3.75 percent, a move that was welcomed by the government, which has been looking to lower the high cost of living.
Category: Great Britain
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On British Roads, Chinese Cars Are Racing Ahead
BYD, Chery and other Chinese automakers are winning over drivers in Britain, where tariffs are low and buyers are open to new brands.
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Trump Files $10 Billion Suit Over BBC Documentary
The British broadcaster, which has expressed regret over the editing of video clips about the president, has rejected claims that the error was evidence of a fundamental bias in its news reporting.
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U.S.-U.K. Trade Deal Hits Stumbling Block
The U.S. government has paused a tech-focused trade pledge with Britain over broader disagreements about Britain’s digital regulations and food safety rules.
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Pam Hogg, Clothes Designer Who Went to Extremes, Dies at 74
She was a star of London’s post-punk D.I.Y. fashion, art and performance scene, and dressed a generation of rock stars in her otherworldly handmade clothes.
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U.S. Pushes U.K. to Spend More on Medicines in Deal to Avoid Tariffs
President Trump has complained that wealthy countries like Britain pay too little for drugs, leading America to bear much of the burden of the costs of medicines.
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For These Businesses, U.S. Tariffs Are a Price Worth Paying
Some British business owners are determined to keep their access to American consumers, but they are facing trade-offs.
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Charity Sponsor Programs Want to Solve Gift Giving Problems
Charity sponsorship programs want to solve your holiday giving problems.
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U.K. Budget Plan Calms Markets and Labour Faithful. Will It Appeal to Voters?
The plan presented by the chancellor of the Exchequer, Rachel Reeves, called for spending increases and higher taxes on the wealthy and the middle class.
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A Major Moment for the British Economy: What to Watch in the U.K. Budget
Rachel Reeves, the top economic official in an increasingly unpopular government, will appear in Parliament to present tax and spending plans.
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Daily Mail Owner Agrees to Buy The Telegraph, Consolidating Right-Leaning Media in Britain
The deal would combine two of the country’s major newspaper groups, a move likely to attract antitrust scrutiny.
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U.K. Vows to Ban Resale of Concert Tickets Above Face Value
The move aims to prevent “touts,” or scalpers, from charging exorbitant prices for sought-after shows.