Author: Eshe Nelson
British pound and stocks rise as vote on prime minister washes over markets.
Markets are moved more by global concerns, like the war in Ukraine, than by domestic political infighting.
For U.K. Companies Brexit Meant Higher Costs and Endless Forms
While the worst of the Brexit trade disruptions are over, British exports to the European Union are down and companies are frustrated.
New Virus Restrictions in Britain Worry Businesses
“None of it’s going to be good,” an economist warns as people are likely to retreat from some aspects of social life as Covid measures tighten.
Stocks and Oil Drop Amid New Coronavirus Variant
Stocks and oil futures slumped, while investors sought safety in government bonds.
Stocks and Oil Drop Amid New Coronavirus Variant
Stocks and oil futures slumped, while investors sought safety in government bonds.
Stocks and Oil Drop Amid New Coronavirus Variant
Stocks and oil futures slumped, while investors sought safety in government bonds.
U.K. Inflation Hits a 10-Year High
Prices rose 4.2 percent last month from a year earlier, more than double the Bank of England’s target.
The U.K.’s Economic Recovery Slowed in the Third Quarter
The economy grew 1.3 percent in the third quarter, down from 5.5 percent growth in the previous three months.
The U.K. Prepared for a Jobs Crisis, but Got the Unexpected
Instead of a surge in unemployment, businesses are struggling to fill positions, presenting a new risk to the pandemic recovery.