The pound and the euro are trading at decades-long lows against the dollar. For American students abroad, that has made weekend trips, dinners and theater tickets (somewhat) less of a splurge.
Category: Great Britain
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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.
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How the Jaguars Made Themselves at Home in London
Jacksonville has played nine regular-season N.F.L. games in London as the designated home team, but it did not control the environment until Sunday’s loss at Wembley Stadium.
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Shell Reports Earnings of $9.45 Billion, Its Second-Highest Profit
The two European companies reported earnings totaling nearly $20 billion, partly on higher energy prices as Russia’s war in Ukraine continues.
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Rishi Sunak, New UK Prime Minister, Delays Economic Plan
Mr. Sunak’s government, seeking more time to make the “right decisions,” will deliver its first economic plan on Nov. 17 instead of Monday.
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How Rich Is Rishi Sunak, Britain’s Incoming Prime Minister?
Just how rich is the soon-to-be prime minister of Britain?
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After a Storm, Britain’s Economy Finds Itself Rudderless
The departure of Prime Minister Liz Truss raises uncertainty in a country searching for answers to soaring inflation and stagnant growth.
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Truss Defied the Markets, and They Ruthlessly Sealed Her Fate
World leaders buffeted by economic challenges are watching the turmoil in Britain with anything but relish, hoping that Liz Truss’s woes won’t be a harbinger for other countries.
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U.K. Markets Waver as Liz Truss Steps Aside
The British pound edged higher and bond prices were mixed as Britain entered another phase of political instability.
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Could a Market Blowout Like the UK’s Happen in the US?
Federal Reserve and White House officials spent last week quizzing investors and economists about the risks of a British-style meltdown at home.
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After UK Market Blowout, American Officials Ask: Could It Happen Here?
Federal Reserve and White House officials spent last week quizzing investors and economists about the risks of a British-style meltdown at home.