Latest in U.k Government’s Economic
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Soaring Bond Yields Put U.K. Government’s Economic Plan at Risk
Investors are demanding sharply higher yields on government bonds, threatening to upend the Labour Party’s plans to reinvigorate a stagnant British economy.The New York Times - 18h -
Tulip Siddiq, U.K. Anticorruption Minister, Resigns
Tulip Siddiq, the niece of former Prime Minister Sheikh Hasina of Bangladesh, had been named in an embezzlement investigation in the Asian country in December.The New York Times - 19h -
Apple Faces $1.8 Billion Lawsuit in U.K. Court Over App Store
Lawyers representing the class action said that Apple excluded potential rivals from competing for customers on devices running its iOS operating system by forcing developers to sell their apps ...The Wall Street Journal - 1d -
China and the U.K. have the opposite problem. They just struck a deal.
The weekend agreement reached in China, during what was called the 2025 U.K.-China Economic and Financial Dialogue, won’t immediately change the fiscal troubles that both countries have.MarketWatch - 1d -
U.K.’s First Drug Consumption Center Is Set to Open in Glasgow
Scotland, which has the highest rate of recorded drugs deaths in Europe, is opening a new facility for users to inject illegal drugs under medical supervision.The New York Times - 4d -
London calling: Browns, Jets, Jags to play in U.K.
The Jets, Browns and Jaguars will each serve as the home team for games in London next season as part of the NFL's growing slate of international play.ESPN - 4d -
U.K. Grocers' Stocks Fall on Cost Woes Despite Positive Christmas
Shares in Tesco, Sainsbury’s and M&S have fallen as higher salaries and increased national insurance contributions, together with inflation and higher-for-longer interest rates, set the tone for a ...The Wall Street Journal - 5d -
Labour’s economic reality check approaches
Rising cost of borrowing piles pressure on UK fiscal rules and government’s promises, but politics make cuts complicatedFinancial Times - 5d -
Demystifying the Department of Government Efficiency
This week we break down the new government committee being led by Elon Musk and Vivek Ramaswamy.Wired - 5d -
How one U.K. man helps people cope with homelessness
Verral Paul-Walcott isn't part of any charity, but during the COVID lockdown in the U.K., he saw a problem and mobilized a group of people to help. He told CBS News' Leah Mishkin how he built a ...CBS News - 6d -
Inside a U.K. couple's "secondhand wedding"
Tying the knot can be pricey, with the average cost of a wedding estimated at about $35,000. But CBS News' Leah Mishkin met a British couple who've proven you don't have to break the bank to have ...CBS News - 6d -
The looming battles over US economic policy thinking
Both Republicans and Democrats are split between populist and oligarchic visionsFinancial Times - 6d -
A plunging pound with surging U.K. yields suggest the bond vigilantes are lurking
A plunging pound and a surge in U.K. government borrowing costs to their highest since the great financial crisis serve as a warning to the U.S. and other countries that the bond vigilantes are ...MarketWatch - 6d -
What Is the U.K. ‘Grooming Gang’ Scandal Seized On by Elon Musk?
The billionaire tech mogul has been posting on his social media platform about a decade-old child sex abuse scandal in Britain. Here’s what to know.The New York Times - 6d -
U.K. Special Forces Allowed to ‘Get Away with Murder’ in Afghanistan, Inquiry Told
Evidence released by an official inquiry into alleged war crimes painted a disturbing picture of an elite fighting force with a culture of impunity.The New York Times - 6d -
Trump Raises Using Military or Economic Force to Take Greenland and the Panama Canal
In an hourlong news conference at his Florida club, Mar-a-Lago, the president-elect delivered a hodgepodge of grievances, complaints and false claims.The New York Times - 6d -
‘A snowball’s chance in hell’: Trudeau rejects Trump threat to annex Canada
President-elect threatened to use ‘economic force’ to make northern neighbor part of US. Justin Trudeau has rejected threats from Donald Trump that the US could use “economic force” to annex its ...The Guardian - Jan. 7 -
Shein's Lack of Answers on China Forced-Labor Concerns Angers U.K. Lawmakers
The bargain clothing site, which is seeking a London stock listing, declined to shed light on whether its clothing contains cotton from Xinjiang.The Wall Street Journal - Jan. 7 -
Trump threatens economic, not military force, to annex Canada
President-elect Trump said Tuesday he was not considering using military force to make Canada part of the United States after repeatedly musing about the idea of the country becoming the 51st ...The Hill - Jan. 7 -
An economically dynamic India is Manmohan Singh’s greatest legacy
He drove radical reform of an anti-market policy regime that was strangling growthFinancial Times - Jan. 7 -
U.K. Competition Watchdog Prepares to Investigate Tech Giants Under New Rulebook
The regulator said it would open investigations into at least three types of tech platforms at the start of this year to work out which tech giants need to obey a new law governing the digital ...The Wall Street Journal - Jan. 7 -
Milei’s next economic mission: affordable air fryers
Libertarian leader scraps tariffs to break open Argentina’s protectionist economy, unnerving domestic industryFinancial Times - Jan. 7 -
The Vivienne, star of 'RuPaul's Drag Race U.K.,' dies at 32
British reality show "RuPaul’s Drag Race UK" winner James Lee Williams, aged 32, popularly known as The Vivienne, has died, publicist Simon Jones said on Sunday.NBC News - Jan. 6 -
U.K. Prime Minister Keir Starmer hits back at Elon Musk
Britain's Prime Minister Keir Starmer hit back at Elon Musk on Monday after the world's richest man repeatedly lobbed a host of inflammatory allegations at the country's leader over the past week.CBS News - Jan. 6 -
U.K.’s Starmer Slams ‘Lies and Misinformation’ After Elon Musk Attacks
Without naming Mr. Musk directly, Prime Minister Keir Starmer denounced the billionaire’s spreading of falsehoods about a child sex abuse scandal.The New York Times - Jan. 6 -
In Reversal, Musk Trashes Farage, U.K.’s Anti-Immigrant Populist
Elon Musk, the billionaire backer of Donald J. Trump, had been promoting Nigel Farage. But on Sunday Mr. Musk said Mr. Farage “doesn’t have what it takes.”The New York Times - Jan. 5 -
From Trump tariffs to AI: the big economic questions facing governments in 2025
The main issues confronting policymakers around the world seem particularly portentous this new year. January is always a time for new beginnings and fresh thinking. But with Donald Trump heading ...The Guardian - Jan. 5 -
Richard A. Easterlin, ‘Father of Happiness Economics,’ Dies at 98
He put forth the so-called Easterlin paradox, finding that the richer you are doesn’t mean the more satisfied you’ll be with your life.The New York Times - Jan. 4 -
Only US leadership can stop China’s economic power in Latin America
The only way to stop China’s accelerated advance in Latin America continues to be democracy and the counterweight of greater leadership from Europe and the U.S.The Hill - Jan. 4 -
Recovery in US car sales eases fear of economic malaise settling in
Strong purchase data to end the year reverses downward trend as lower interest rates and better deals lure buyersFinancial Times - Jan. 3 -
A(nother) Government Plan for Social Care
Health and Social Care Secretary promises to "grasp the nettle on social care reform”BBC News - Jan. 3 -
Britain’s economic gloom is overdone
The government can tackle bad vibes with a positive vision for growthFinancial Times - Jan. 3 -
U.K.'s biggest dinosaur footprint site discovered: "So surreal"
It is hoped the discovery will provide clues about how dinosaurs interacted, as well as their size and the speeds at which they moved.CBS News - Jan. 2 -
The Erdoğan whisperer behind Turkey’s economic pivot
Vice-president Cevdet Yılmaz has played a crucial backstage role managing the turn to financial orthodoxyFinancial Times - Jan. 2 -
Xi Jinping, China’s Leader, Nods to Economic Challenges
In a New Year’s address, Xi Jinping made a rare acknowledgment of the flagging economy while reiterating the government’s growth targets.The New York Times - Jan. 1
