U.K. government bond yields hit 2024 highs as traders balk at increased debt sales

Water regulator signals further increase to bills in England

Companies pushing for prices to increase by up to 84% on top of inflation over next 5 years to boost investment

Business - Financial Times - October 22

Democrats knock McDonald’s over price increases

A group of Democratic senators knocked McDonald’s over its price increases and its “dominant market position” as the largest fast-food chain across the country. In a letter sent to McDonald’s ...

Politics - The Hill - October 22

Report shows steady increase in abortions in states with bans

Since the end of Roe v. Wade in 2022, the number of women receiving abortions has increased steadily and consistently in nearly every state that has banned it, according to a new comprehensive ...

Politics - The Hill - October 22

Companies’ earnings reports increase volatility of US stocks

Share prices swing as high valuations and uncertain outlook put investors on edge

World - Financial Times - 5 days ago

Business and wealthy bear brunt of £40bn tax increases in UK Budget

Markets unsettled by extent of government borrowing as Rachel Reeves boosts spending

Business - Financial Times - Yesterday

10-year Treasury yield ends with biggest six-week climb in a year as consumer sentiment rises

U.S. government debt sold off on Friday, giving the 10-year yield its biggest six-week advance in about a year, after data showed consumer sentiment rose this month.

Business - MarketWatch - 6 days ago

The Power of Government Policies

The U.S. has the capacity to address its biggest problems. Whether it does is a different matter.

Top stories - The New York Times - October 17

U.K. Gambling Stocks Fall on Reports of New Industry Taxes

Shares in Evoke, Entain, Flutter Entertainment and Rank Group tumbled on the back of the reports, which suggest that the U.K. government is aiming to raise up to $3.9 billion from the sector.

Business - The Wall Street Journal - October 14

Eli Lilly to trial use of weight loss drugs to combat unemployment in U.K.

U.S. pharmaceutical giant Eli Lilly is exploring whether obesity drugs could be used to curb joblessness after signing a major investment deal with the U.K.

U.K. Regulator Starts Review Into Motor and Home Insurance Market

The regulator said it is concerned that the part of the market that allows people to pay for insurance in installments might not be providing fair value to more than 20 million customers.

Business - The Wall Street Journal - October 16

The U.K. Will Debate Legalizing Assisted Dying. Here’s What to Know.

A bill introduced in the House of Commons could legalize assisted dying for the terminally ill, under strict conditions. A similar proposal was rejected in 2015.

World - The New York Times - October 17

David Lammy, U.K. Foreign Secretary, Visits China in Bid to Reset Relations

David Lammy is set to meet China’s foreign minister in Beijing on Friday, in a trip the British government said would acknowledge “areas of contention as well as areas for cooperation.”

World - The New York Times - October 18

Putin's Attempt To Recruit North Koreans In Ukraine War Is 'Desperate,' U.K. Warns

World - Yahoo News - October 22

HSBC to split U.K. and Hong Kong banking arms into two separate units

HSBC’s overhaul will see the bank split into four separate units under the control of two distinct Eastern and Western markets divisions, new CEO Georges Elhedery said

Business - MarketWatch - October 22

Son of Singapore’s First Prime Minister Says He Is Granted Asylum in the U.K.

Lee Hsien Yang accused his brother, a former prime minister, of persecuting him politically, inflaming the feud in Singapore’s first family.

World - The New York Times - October 23

Lloyds Banking Beats Views as U.K. Borrowers Remain Resilient

The U.K.’s largest mortgage provider confirmed its full-year guidance after pretax profit fell by less than expected on lighter impairments for bad loans as British borrowers remained resilient ...

Business - The Wall Street Journal - October 23

Tommy Robinson, U.K. Anti-immigrant Agitator, Jailed for Contempt of Court

The founder of the English Defence League was sentenced to 18 months for ignoring a court order to stop making false claims about a teenage Syrian refugee.

World - The New York Times - 2 days ago

In U.K. Budget, Labour’s First Big Political Moment Offers Risk and Reward

British Prime Minister Keir Starmer’s government has stumbled since his party won a landslide victory, but the financial plan to be announced on Wednesday offers a possible relaunch.