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U.K. borrowing costs rise in volatile trade after budget delivered
U.K. government bond yields were volatile on Wednesday as traders initially welcomed news that the government would prioritize tax rises ahead of increased borrowing as it strives to fill a fiscal ...Business - MarketWatch - October 30 -
Trump Accuses U.K. Labour Party of Election Meddling
Donald Trump’s campaign said Britain’s governing Labour Party had engaged in “blatant foreign interference.” Other British politicians have previously acted in support of Mr. Trump.World - The New York Times - October 24 -
U.K. Plans Disposable Vape Ban in England
The measure, which echoes plans in Scotland and Wales, aims to protect young people’s health and reduce environmental damage.World - The New York Times - October 24 -
U.K. Budget Makes a Big Bet on Spending for Growth
The Labour Party is betting that extra spending on public services and more investment will eventually revitalize the country’s stagnant economy.Business - The New York Times - October 31 -
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.Top stories - NBC News - October 16 -
Treasury yields end at nearly 2-week lows as oil prices fall further and U.K. inflation dives
U.S. government debt rallied slightly on Wednesday, pushing yields broadly lower, as crude-oil futures slipped and the U.K.’s annual consumer-price index inflation rate dropped below the Bank of ...Business - MarketWatch - October 16 -
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 -
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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 saidBusiness - 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 - October 29 -
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.World - The New York Times - October 29 -
U.K. to lift minimum wage to $15.84 an hour. Here’s how it compares to the U.S.
The U.K.’s chancellor of the exchequer confirmed the government will lift the U.K.’s national minimum wage by 6.7% in April 2025 to hourly rates of £12.21 ($15.84)Business - MarketWatch - October 30 -
Former U.K. Prime Minister Boris Johnson on new memoir and the U.S. election
Boris Johnson joins "CBS Mornings" to talk about his new memoir, his time as British Prime Minister, his role in Brexit and offers his views on the current U.S. presidential election.Top stories - CBS News - October 31 -
U.K. Confirms New Cases of Clade Ib Type of Mpox
The authorities said the risk of a rapid spread remained low because the new cases had had household contact with the first infected person.World - The New York Times - 3 days ago -
The rise of AI celebrity endorsements
AI-generated images of celebrities endorsing political candidates are spreading quickly. Learn how to spot the fakes and avoid being misled.Top stories - CBS News - October 16 -
The long end keeps on rising
And emerging markets in a no-landing scenarioWorld - Financial Times - October 22 -
TSMC on alert and Singapore on the rise
The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial TimesWorld - Financial Times - October 31 -
U.S. Tech Firms to Invest More Than $8 Billion in U.K. Data Centers Amid AI Frenzy
Surging AI demand has led to a combined investment of $8.23 billion in U.K. data centers from four American tech companies.Tech - The Wall Street Journal - October 14 -
Could Weight-Loss Drugs Help Get People Back to Work? The U.K. Wants to Find Out.
The British government announced a multimillion dollar pharmaceutical partnership with Eli Lilly, including a trial that will study the impact of a weight-loss drug on work and productivity.World - The New York Times - October 15 -
British pound and bond yields dive as U.K. inflation hits lowest in more than three years
Traders boost rate cut bets after U.K. inflation dives below 2%Business - MarketWatch - October 16 -
Ozzy and Sharon Osbourne finally sell their $4.35 million L.A. condo and plan to head back to the U.K. for good
After more than two decades living in the U.S., the couple are one step closer toward their goal of ditching the U.S. for good.Business - MarketWatch - October 22 -
U.K. treasure hunters make millions off silver coins dated to 11th century
2,584 silver pennies dating from the Norman Conquest is Britain’s most valuable treasure find ever at over $5 million.Top stories - NBC News - October 23 -
Lucy Letby, Former U.K. Nurse, Loses Bid to Appeal Attempted Murder Conviction
Ms. Letby is serving 15 life sentences after the deaths and collapses of babies in the neonatal unit where she worked.World - The New York Times - October 25 -
U.K. Man Who Posed as a Girl to Extort Teens Online Gets 20 Years in Prison
The Northern Ireland resident sought explicit images from thousands of girls he had groomed and blackmailed, leading to the death of a 12-year-old girl in the United States.World - The New York Times - October 26 -
Teen accused of killing 3 U.K. girls had al Qaeda manual, police say
A teen accused of killing three girls in England is charged with producing the poison ricin and faces a terror offense for having a jihadi training manual.Top stories - CBS News - October 29 -
Teen Accused in U.K. Taylor Swift Dance Class Stabbing Charged With Terror Offenses
The police said that they found Ricin and an Al Qaeda training manual in the suspect’s home. The attack on little girls at a Taylor Swift-themed event stoked anti-immigrant sentiment.World - The New York Times - October 29 -
Traders expect calm response to U.K. budget after event caused turmoil two years ago
The bar is set very high for calamitous British budgetsBusiness - MarketWatch - October 30 -
U.K. government bond yields hit 2024 highs as traders balk at increased debt sales
Benchmark U.K. bond yields hit their highs of the year on Thursday as investors balked at the increased borrowing set out in the government’s budget.Business - MarketWatch - October 31 -
Echoes of U.K.’s 2022 bond crisis weigh on Treasury market ahead of U.S. election
A selloff in the U.K. bond market on Thursday, triggered by concerns about planned government borrowing, sent the country’s yields higher in a manner slightly reminiscent of the 2022 gilt crisis ...Business - MarketWatch - October 31 -
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Kemi Badenoch, New Leader of the U.K.’s Tories, Vows to Make the Party More Conservative
Ms. Badenoch is expected to move the party, now in the opposition, further to the right.World - The New York Times - November 2
