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  • Eshe Nelson

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U.K. Government Backs Heathrow Expansion in Push for Faster Growth

The country’s top finance official supported adding a third runway to the London hub, a decision that has been held up for decades, and other...

Big Banks Quit Climate Change Groups Ahead of Trump’s Term

Several large U.S. financial institutions, including the Federal Reserve, have withdrawn from the networks after years of growing political and legal pressure.

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.

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

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

Global Central Banks Gird Themselves for Another Trump Term

Central bankers are alert to the risk that global trade tensions will make managing inflation more challenging.

European Central Bank Cuts Interest Rates as the Economy Weakens

The bank has been lowering rates since June as inflation slowed, but other risks are growing, including the threat of higher tariffs promised by President-elect...

Britain’s Flawed Jobs Reports Leave Economists ‘Second-Guessing’

Officials are grappling with an incomplete picture of Britain’s labor market as the national statistics agency strains to improve data quality.

Guardian Confirms Sale of The Observer to Tortoise Media

The Guardian Media Group said it had struck a deal to sell The Observer to Tortoise Media, shortly after a 48-hour strike by journalists had...

Guardian Journalists Strike Over Planned Sale of The Observer

Workers have begun a 48-hour walkout, the first in 50 years for the outlet, over a proposal to sell The Observer to Tortoise Media, a...

Bank of England Cuts Interest Rates, but Warns of Sticky Inflation

The central bank said that future cuts would be gradual after spending increases were introduced in the government’s new budget.