Britain’s stubbornly high inflation rate has come to symbolize a deeper economic malaise — a morass of problems, some new, others longstanding, that are stymying Prime Minister Rishi Sunak.
Category: Sunak, Rishi (1980- )
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In Budget Speech, U.K. Government Will Issue a Call to Work
In a major policy speech, Jeremy Hunt, the chancellor of the Exchequer, is expected to offer plans to promote greater work force participation.
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King Charles Faces Backlash Over Northern Ireland Trade Deal Meeting
King Charles’s meeting with an E.U. leader on the day a Northern Ireland trade deal was announced drew angry recriminations from critics who viewed it as an improper foray into British politics.
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How the Lab Leak Theory Could Strain U.S.-China Relations
The U.S. Energy Department’s report identifying the Wuhan Institute of Virology as the likely source of the coronavirus has already generated pushback in Beijing.
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U.K. Rail Strike May Scuttle Post-Holiday Plans to Return to Work
Public sympathy for striking nurses and other health workers is particularly strong, posing a challenge for Prime Minister Rishi Sunak, who has promised to confront trade unions.
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UK Approves New Coal Mine, Despite Climate Concerns
Local politicians said the facility, the country’s first new coal mine in decades, would create hundreds of jobs.
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U.K. Braces for Strikes Across Several Industries Through Christmas
Job actions by ambulance staff, nurses, rail workers and others will hit Britain every day between now and Dec. 25.
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U.K. Backs Giant Nuclear Plant, Squeezing Out China
The British government threw its weight behind nuclear power, saying it would invest in a major new nuclear plant co-owned by France’s state utility.
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Investors Await the Fed’s Next Move
Markets expect another big interest rate increase on Wednesday. But investors are also anxious about the central bank’s coming moves.
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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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Adidas Cuts Ties With Kanye West
The sportswear brand calculates it will incur a $246 million cost for its decision to terminate its partnership with the hip-hop mogul.