Europe is “losing” the fight for economic supremacy against its main rivals China and the US, and faces a drought of globally competitive companies, the head of JP Morgan has warned. Jamie Dimon, chief executive of the world’s biggest bank,…
Browsing: United Kingdom
The British pound rallied to its highest level in almost four years on Thursday, even as analysts remain divided on the potential for further upside. Sterling was last seen trading more than 0.5% higher against the U.S. dollar, hitting $1.3736 — its…
Basic principles of decency and the modern world are being taught to asylum seekers, who were apparently unaware of how to behave in a Western nation. The re-education scheme, conducted by the Northamptonshire Police, was reportedly launched after a group of…
A record number of Americans applied for British citizenship between January and March, according to the first set of data covering the start of Donald Trump’s second presidential term. Some 1,931 Americans put in an application, the most since records…
Labubu, a palm-sized plush toy with sharp teeth and a cult following, has become a toy too popular to sell. After chaotic scenes of queueing, crowd surges and reported fights, distributor Pop Mart has suspended all in-store sales of the collectible…
It’s been rare for a string of positive economic news to emerge out of the U.K. in 2025 — but this week in particular has given Britain three reasons to be optimistic. Data on Friday signaled unexpected positive momentum in…
This week saw one of the most important — and perhaps surprising — events in corporate Britain’s annual calendar: the gala night of the Royal Horticultural Society (RHS) Chelsea Flower Show. This traditionally marks the beginning of what, in English high…
The UK’s job market has continued to weaken with the number of workers on payrolls falling in the first few months of the year and job vacancies declining again. Analysts said the latest figures from the Office for National Statistics…
LONDON — When Britain’s Supreme Court made its landmark ruling last month that only biological women are women, some people said it helped settle the long, contentious debate over the rights of transgender people and their access to single-sex spaces. In…
The Bank of England has cut its main interest rate by a quarter of a percentage point, citing lower UK inflation. The move, which had been widely expected, brings the main cost of borrowing in Britain to 4.25%. It is…