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Tag: Bank of England

World

King Charles III Is the New Face of U.K. Money

December 19, 2022December 19, 2022EMMA BUBOLAComments Off on King Charles III Is the New Face of U.K. Money

Pound notes with the new sovereign’s image will begin appearing in 2024, though money with his mother’s likeness will still be in circulation.

World

Rishi Sunak Will Face Difficult Economic Tests Immediately

October 24, 2022Eshe NelsonComments Off on Rishi Sunak Will Face Difficult Economic Tests Immediately

As prime minister, Mr. Sunak will face a vastly different economic backdrop to the one he experienced as finance minister.

World

Rishi Sunak will face difficult economic tests immediately.

October 24, 2022Eshe NelsonComments Off on Rishi Sunak will face difficult economic tests immediately.

As prime minister, Mr. Sunak will face a vastly different economic backdrop to the one he experienced as finance minister.

World

Truss Defied the Markets, and They Ruthlessly Sealed Her Fate

October 20, 2022October 20, 2022MARK LANDLERComments Off on 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.

World

Lessons From Liz Truss’s Handling of U.K. Inflation

October 14, 2022Patricia CohenComments Off on Lessons From Liz Truss’s Handling of U.K. Inflation

The sharp policy U-turn by Liz Truss, Britain’s prime minister, reveals the perils of taking the wrong path in the fight against scalding inflation.

World

As the Bank of England’s Intervention Ends, Unease Returns to the Bond Markets

October 14, 2022Eshe NelsonComments Off on As the Bank of England’s Intervention Ends, Unease Returns to the Bond Markets

A two-and-a-half-week program of bond buying came to a close on Friday, leaving investors nervous about what will happen when markets reopen on Monday.

World

Britain is facing economic headaches, some new and some entrenched.

October 14, 2022Eshe NelsonComments Off on Britain is facing economic headaches, some new and some entrenched.
World

Kwasi Kwarteng Is Fired as U.K. Finance Minister

October 14, 2022STEPHEN CASTLEComments Off on Kwasi Kwarteng Is Fired as U.K. Finance Minister

Kwasi Kwarteng, the chancellor of the Exchequer, was under pressure to reverse his fiscal plan after it rattled markets and prompted an open backlash among politicians.

World

Kwasi Kwarteng, Top U.K. Finance Official, Cuts U.S. Trip Short

October 14, 2022STEPHEN CASTLEComments Off on Kwasi Kwarteng, Top U.K. Finance Official, Cuts U.S. Trip Short

Kwasi Kwarteng, the chancellor of the Exchequer, is under pressure to reverse his fiscal plan after it rattled markets and prompted an open backlash among politicians.

World

Liz Truss Stirs Uncertainty Over the U.K.’s Economic Plans

October 12, 2022Mark Landler and Stephen CastleComments Off on Liz Truss Stirs Uncertainty Over the U.K.’s Economic Plans

Prime Minister Liz Truss appeared to rule out cuts in public spending, as doubts about the fiscal soundness of the government’s program continued to roil the markets.

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