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Eshe Nelson
Posts
To Solve Its Housing Crisis, Britain Turns to an Old Idea: New Towns
By reviving an idea from the 1940s, the Labour Party government is hoping to overcome the development hurdles that have plagued previous efforts with a…
Elon Musk Clashes With Keir Starmer Over Riots in UK
Over the past few days, the billionaire has posted incendiary comments about violent protests on the social media platform he controls, drawing the ire of…
Elon Musk Clashes With Keir Starmer Over Riots in Britain
Over the past few days, the billionaire has posted incendiary comments about violent protests on the social media platform he controls, drawing the ire of…
Bank of England Cuts Interest Rates for First Time Since 2020
Central bank policymakers lowered rates to 5 percent amid lower inflation in Britain, but they warned that future rate cuts would come slowly.
Chancellor Rachel Reeves Axes Projects After Reviewing $28 Billion Budget Hole
Rachel Reeves, the chancellor of the Exchequer, cut some infrastructure funding and pensions benefits, adding that more “difficult decisions” would come later this year.
What We Know About the Global Outage
Everything from airlines to banks to retailers were impacted in many countries.
E.C.B. Leaves Rates Unchanged but Keeps Door Open for September
The central bank left its key deposit rate at 3.75 percent as inflation in the eurozone is expected to fluctuate throughout the rest of the…
Amazon Workers Narrowly Reject Union Drive at British Warehouse
The vote, which would have forced the tech giant to negotiate collectively with workers, was the closest an Amazon center in Britain had come to…
U.K. Inflation Steady as Economists Puzzle Over ‘Taylor Swift Effects’
Consumer prices rose 2 percent in June from a year earlier, a bit higher than economists expected, with a big jump in hotel prices coinciding…
U.K. Inflation Steady as Interest Rate Cuts Hang in the Balance
Consumer prices rose 2 percent in June from a year earlier, in line with the Bank of England’s target for the second month in a…
