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UK inflation still likely to fall sharply next year, BoE's Bailey says
Bank of England Governor Andrew Bailey said on Monday that he still thought that inflation was likely to fall sharply next year, broadly in line with forecasts the British central bank presented in early May.
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New UK prime minister to be announced on September 5
Nominations will officially open and close on Tuesday, with a new prime minister set to be installed when parliament returns from the summer break
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Analysis-Tax-cut talk in UK leadership race adds to inflation angst
Promises of tax cuts from candidates to succeed British Prime Minister Boris Johnson pose another inflationary risk which could pressure the Bank of England to raise interest rates more aggressively, cancelling out any potential boost to the economy.
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UK issues extreme heat warning as temperatures soar
Britain's highest recorded temperature was 38.7C at Cambridge Botanic Garden, in eastern England, on July 25, 2019.
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Northern Ireland's unionists parade amid political uncertainty
Across Northern Ireland late on Monday, more than 250 bonfires were lit in unionist communities to kick off festivities.
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Lobbyist Mark MacGann comes out as Uber Files whistleblower
Uber said MacGann was "in no position to speak credibly" about the company now.
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Boris Johnson's claim of a 'mandate' from the people isn't accurate – here's how prime ministers really get power
In the UK, the party system has emerged such that the leader of the victorious party in an election typically is invited to form a government.
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Europe On Edge As Nord Stream Russian Gas Link Enters Shutdown
The biggest single pipeline carrying Russian gas to Germany began annual maintenance on Monday, with flows expected to stop for 10 days, but governments, markets and companies are worried the shutdown might be extended because of the war in Ukraine.
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For EV Battery Makers, It's Go Small Or Go Home
In the race to go electric, carmakers have focused on range to ease consumer anxiety over charging infrastructure, but battery makers are already working on the smaller, longer-lasting and cheaper batteries of the future, which also charge more quickly.
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How Bitcoin Trading Differs from Conventional Stocks
Is Bitcoin trading different from conventional stocks? This article outlines the difference between Bitcoin trading and traditional stocks.
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Inflation Fatigue? Bond Investors Latch On To Disinflation
The bond market is pricing in a sharp deceleration in inflation over the next year, as aggressive tightening by the Federal Reserve to counter the steepest surge in prices in a generation ramps up recession concerns.
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