UK inflation rate breaks 3-month stretch of declines with surprise rise to 10.4%
U.K. inflation data paints a picture of the British economy. Bloomberg / Contributor / Getty Images U.K. inflation unexpectedly jumped…
A Young Couple in York Renovated Their Kitchen Cabinets and Found 17th-Century Frescoes Painted Underneath
A young couple in the English city of York got more than they bargained for when they had their kitchen…
‘A financial banana republic’: UBS-Credit Suisse deal puts Switzerland’s reputation on the line
Switzerland, a country heavily dependent on finance for its economy, is on track to see its two biggest and best-known…
Fail or sale? What could be next for stricken Credit Suisse
People walk by the New York headquarters of Credit Suisse on March 15, 2023 in New York City. Spencer Platt…
European stocks fall 2.3%, banks slide 5.7% after HSBC rescues Silicon Valley Bank UK
52 Min Ago European banks at the bottom of Stoxx 600 index; BAWAG down 9%, Commerzbank down 8% 3 Hours…
UK economy rebounds with stronger-than-expected January GDP print
City workers in Paternoster Square, where the headquarters of the London Stock Exchange is based, in the City of London,…
British semiconductor bosses threaten to move overseas as U.S. and EU splurge on chips
Florence Lo | Reuters LONDON — The U.K.’s semiconductor industry is crying out for financial support from the government, with…
World’s largest drone maker is unfazed — even if it’s blacklisted by the U.S.
The world’s biggest drone maker DJI found itself embroiled in the Russia-Ukraine conflict last year. In March, three weeks after…
Markets need to ‘re-anchor their thinking’: Bank of England chief economist hints that traders have it wrong
LONDON — The Bank of England remains committed to its “key goal” of bringing down inflation, but hopes markets will…
The crisis is over for the British pound, but analysts see further weakness ahead
Traders in London. DANIEL LEAL-OLIVAS | AFP | Getty Images LONDON — The British pound is on firmer footing since…
A New York Exhibition on the Salem Witch Trials Explores the Legacy of the Dark Historical Chapter on the Descendants of the Accused
Magic is afoot at the New-York Historical Society, where a new exhibition revisits a dark chapter in U.S. history: the…
British government performs major U-turn on tax cuts. But markets are far from convinced
British Prime Minister Liz Truss attends a news conference in London, Britain, October 14, 2022. Daniel Leal | Reuters LONDON…
UK bond market moves are dramatic — and confusing. And analysts think it could get worse
Getty Images LONDON — U.K. bonds sold off again this week, pushing yields to their highest level since before the…
UK’s Liz Truss pledges tax-cutting future in landmark speech plagued by protest and political infighting
Prime Minister Liz Truss is seeking to rally MPs around her her tax-cutting policies following political infighting and market turmoil.…
Mortgage mayhem sparks fears of a housing market crash in Britain
U.K. mortgage rates have skyrocketed since Finance Minister Kwasi Kwarteng’s mini-budget on Sept. 23, prompting banks to pull mortgage products…
Britain’s tax cut pivot might not be enough to quell market mayhem
LONDON — The U.K. government’s reversal on scrapping the top rate of income tax is down to political optics and…
‘The Fed is breaking things’ – Here’s what has Wall Street on edge as risks rise around the world
Jerome Powell, chairman of the US Federal Reserve, during a Fed Listens event in Washington, D.C., US, on Friday, Sept.…
Is the UK now a buy? Analysts weigh in after market meltdown and Bank of England intervention
A security guard stands outside the London Stock Exchange building on December 29, 2020. Tolga Akmen | AFP via Getty…