U.k Inflation - QuikReader

Russia struggles to tame inflation in ‘overheating’ war economy

Central bank expected to increase critical interest rate from its current record of 21%

Financial Times - 7h

Bank of England Holds Rates as U.K. Inflation Rises Amid Economic Uncertainty

Stubborn inflation, tax rises and high interest rates make it difficult for many to muster optimism, at least in the short term.

The New York Times - 17h

U.K. court clears seizure of millions in unpaid taxes from Andrew Tate

A British court has cleared police to seize $3.3 million from misogynist social media influencer Andrew Tate and his brother to cover unpaid taxes.

CBS News - 1d

Stocks plunge following Fed inflation projections

Major stock indices plunged Wednesday after the Federal Reserve signaled a slower pace of interest rate cuts for 2025 than previously forecast, renewing concerns about how fast inflation would fall.

NBC News - 1d

U.K. court clears seizure of millions in unpaid taxes from Andrew Tate

A British court has cleared police to seize $3.3 million from misogynist social media influencer Andrew Tate and his brother to cover unpaid taxes.

CBS News - 1d

UK inflation rises to 2.6% in November

Figure cements expectations Bank of England will hold interest rates steady on Thursday

Financial Times - 2d

UK inflation rises to 2.6% in November, in line with expectations

UK inflation data comes after wage growth quashed any last expectation for a final 2024 rate cut from the Bank of England.

CNBC - 2d

U.K. Police Chiefs Were Too Slow to Respond to Summer Riots, Report Says

Police leaders waited too long — three days — to trigger a national mobilization to tackle the anti-immigrant violence that broke out in Britain this year, a report found.

The New York Times - 2d

Dad and stepmom jailed for "campaign of abuse" that killed U.K. girl

The stepmother and father of Sara Sharif have been sentenced to life in prison for horrific abuse that ended up killing the 10-year-old British girl.

CBS News - 2d

Dad and stepmother who fled from U.K. to Pakistan after 10-year-old's death are sentenced to life in prison for murder

ABC News - 2d

Panic at the Pub as U.K. Suffers Guinness Shortage

The Irish stout has soared in popularity in recent years, thanks in part to a social-media phenomenon, but the surge in demand has led to shortages.

The Wall Street Journal - 3d

Inflation Hangs Around, Slowing Rate Cut Pace

The Federal Reserve will likely reduce interest rates fewer times than expected as high prices persist.

Inc. - 3d

U.K. Seeks to Entice Australia, European Allies into Fighter-Jet Program

Italy and Japan have already partnered on the project, called the Global Combat Air Programme, which aims to put a new stealth fighter with supersonic capability in the skies by 2035.

The Wall Street Journal - 3d

Prince Andrew’s Links to Chinese Spy Suspect Revealed by U.K. Court

A London immigration court upheld a ban on a Chinese citizen described as a “close confidant” of the prince’s, on the grounds of national security.

The New York Times - 6d

Alleged Chinese Agent With Links to Prince Andrew Is Barred From U.K.

The Chinese businessman has been banned from entering the U.K. after intelligence services alleged he was trying to influence the British royal on behalf of Beijing.

The Wall Street Journal - 6d

The U.K. is probing a BlackRock deal. What happens next.

The Competition and Markets Authority said it will launch a formal investigation into BlackRock’s acquisition plans

MarketWatch - 6d

U.K. bars Chinese man with ties to Prince Andrew over security concerns

A Chinese businessman who won "a significant degree" of trust from disgraced British royal Prince Andrew has been barred from the U.K.

CBS News - 6d

The dollar’s been on a roll and it just got another boost after fall in U.K. GDP

The dollar got another boost on Friday after disappointing economic data.

MarketWatch - Dec. 13

Why Some U.K. Pubs Are Running Out of Guinness

Guinness’s parent company has limited the amount of the beer that U.K. wholesalers and distributors can buy each week, after surging demand led to fears of shortages.

The New York Times - Dec. 12

U.K. indefinitely bans puberty blockers for people under 18

An emergency ban on hormones used to suppress puberty in transgender young people in the U.K. has been extended indefinitely, the government said.

CBS News - Dec. 12

Consumers feeling inflation pinch this holiday shopping season

The Labor Department reported Wednesday that consumer prices rose 2.7% year-over-year in November. The news comes as consumers do their holiday shopping and the Federal Reserve weighs its final ...

CBS News - Dec. 12

U.K. Bans Puberty Blockers for Teens Indefinitely

A freeze placed this year on their use to treat gender dysphoria will remain in place for young people under 18, except in clinical trials, Britain’s government said.

The New York Times - Dec. 12

Concerning new data on U.S. inflation

New inflation data shows concerning consumer trends and sticky high prices for food and shelter. CBS MoneyWatch correspondent Kelly O'Grady reports.

CBS News - Dec. 11

Inflation Ticks Up, but Details Are Encouraging for the Fed

Inflation sped up last month, but the details suggested cooling ahead. Next week, the Fed will make its final rate decision for 2024.

The New York Times - Dec. 11

US inflation rose to 2.7% in November

Figure matches Wall Street’s forecasts and clears way for Federal Reserve rate cut next week

Financial Times - Dec. 11

Here’s the inflation breakdown for November 2024 — in one chart

Increases in prices for groceries and gasoline outweighed disinflation in categories such as shelter, according to the consumer price index.

CNBC - Dec. 11

Annual inflation rate accelerates to 2.7% in November, as expected

The consumer price index was expected to rise 0.3% in November and 2.7% from a year ago.

CNBC - Dec. 11

Vestas to Cut Jobs at U.K. Factory

Vestas Wind Systems could cut hundreds of jobs at its Isle of Wight factory as it plans to repurpose the site to manufacture onshore turbine blades.

The Wall Street Journal - Dec. 11

As U.K. clamps down on North Sea production, Shell and Equinor to merge operations there

With the U.K. government clamping down on production from the North Sea, Shell and Equinor on Thursday said they would merge their oil and gas operations.

MarketWatch - Dec. 5

Vodafone-Three Merger Gets Conditional U.K. Clearance

The Competition and Markets Authority said the deal will likely boost competition in the U.K. mobile sector, but would only proceed if both companies implement certain conditions.

The Wall Street Journal - Dec. 5

Equinor, Shell to Combine U.K. Assets

The energy majors will create a joint venture they say will be the biggest independent producer in the North Sea to help sustain domestic oil-and-gas production and secure energy supply in the U.K.

The Wall Street Journal - Dec. 5

Bond ‘vigilantes’ are targeting France — for different reasons than in the U.S. or U.K.

French Prime Minister Michel Barnier’s three-month-old government collapses after historic no-confidence vote.

MarketWatch - Dec. 4

Chipotle says it's raising prices 2% in response to inflation

Chipotle said it's raising its menu prices by 2%, a rare direct admission about the impact of ongoing price increases in the economy on its finances.

NBC News - Dec. 4

The positive flipside of rampant inflation

The biggest debt reduction scheme in history?

Financial Times - Dec. 4

Alex Consani becomes first transgender Model of the Year at U.K. Fashion Awards

American model Alex Consani was presented with the Model of the Year award at the British Fashion Council’s annual Fashion Awards in London.

NBC News - Dec. 3

Biden’s Christmas present for Trump: Sticky inflation

President Biden's big-spending ways have ensured that the nation's initial progress in inflation reduction is flattening out, keeping inflation rates higher than Federal Reserve Bank officials prefer.

The Hill - Dec. 3

Treasure trove of Roman coins found during construction in U.K.

The stash of over 1,300 coins has become known as the Worcestershire Conquest Hoard.

CBS News - Dec. 3

Microsoft Faces $1.3 Billion Antitrust Lawsuit Over Cloud Services in U.K.

Microsoft faces a dispute in the U.K. over how it charges customers who buy cloud software services that rival its own Azure, the latest antitrust challenge to the U.S. tech giant’s approach to ...

The Wall Street Journal - Dec. 3

Trump Picks Warren Stephens, Billionaire Investment Banker, for U.K. Ambassador

Warren Stephens, an investment banker, gave $2 million in 2016 to a group aiming to block Donald J. Trump’s political rise. More recently, he backed Asa Hutchinson, Chris Christie, Mike Pence and ...

The New York Times - Dec. 3

Ilona Maher goes from 'Dancing With the Stars' to playing rugby in the U.K.

Ilona Maher, America's biggest rugby star and "Dancing With the Stars" runner-up, has waltzed herself over to the United Kingdom to play for the Bristol Bears.

NBC News - Dec. 2

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