Topic: British Economy

Top galleries, list articles, quizzes

6 stories about life with your adult children

In "Slouching Toward Adulthood," Sally Koslow shares what she learned about the differences between the boomer and Facebook generations.
Europe's debt crisis: 5 ways it's been put to good use

Europe’s debt crisis has roiled financial markets and populations. But beyond nationwide strikes and gyrating markets, Europe has put its crisis to good use. Here Jacob Funk Kirkegaard, a research fellow at the Peter G. Peterson Institute for International Economics points out five trends that will ultimately strengthen the European Union and the euro currency.
In Pictures: 9/11 10th anniversary
London riots: 4 key questions

Violent riots and looting across London resulted in burned-out buildings and hundreds of arrests. What were the origins of London’s conflagration?
In Pictures: Space photos of the day: Volcanic eruptions

All Content

6 stories about life with your adult children

In "Slouching Toward Adulthood," Sally Koslow shares what she learned about the differences between the boomer and Facebook generations.
Hollande-Cameron don't agree on much – except need to save the eurozone

French President Hollande and UK Prime Minister Cameron meet in US today ahead of G8 summit. They are likely to find common ground on eurozone crisis despite differences over austerity.
Stefan Karlsson
Double-dip recessions in Spain and UK. Which is worse?

Spain and the UK have both reported double-dip recession. One striking difference is the rates of real wages and employment. 
Stefan Karlsson
UK enters a double-dip recession

Today's preliminary GDP number from Britain showed that it has entered a double-dip recession as GDP has fallen two quarters in a row. 
Stefan Karlsson
British inflation grows and grows. Is it temporary?

The British inflationary rate increased again in March, despite stagnant economic growth. Is it cause for worry?
Stefan Karlsson
Average pay in the UK dropped 5 percent over 10 years

Compared to other European countries, Britain has had only a modest problem with unemployment, but earnings have dropped considerably.
Stefan Karlsson
Gas prices: US and Britain's role reversal

Until recently, the United States was a big net importer of oil, while Britain was a small net exporter of oil. This meant that higher oil prices harmed the U.S. economy, but had a slightly positive effect on the U.K. economy. Now the two nations are switching roles.
Stock market: Futures slide on Greek indecision

Stock market looks to open lower as emergency talks fail to produce Greek rescue package. A disorderly Greek default could send shock waves through the stock market.
A banker's punishment: Sir Fred Goodwin is now just Fred

Fred Goodwin, the former head of the Royal Bank of Scotland, was stripped of his knighthood for his role in the bank's 2008 crisis. But it's not clear hefty bonuses will get similar treatment.
Will the EU really turn to growth?

It is considered progress that European Union leaders are discussing growth after two years of focusing almost exclusively on austerity, but actual growth strategies are still in short supply.
On the Economy
Fourth-quarter GDP figures good, not great

The growth rate was 2.8 percent, slightly below expectations but an okay boost nevertheless.
Scotland talks independence – but can it afford it?

With a vote on Scotland's independence from the UK becoming more inevitable, Scots want to know how an independent Scotland would pay its bills.
European debt crisis: Germany's fight against Keynes

The European debt crisis provides Germany the opportunity to preach its disciplined approach to monetary policy. Should it succeed in remaking Europe in its monetary image, Europe will prosper. Those who follow the Anglo-American model of Keynsian loose money must fall in line.
Europe's debt crisis: 5 ways it's been put to good use

Europe’s debt crisis has roiled financial markets and populations. But beyond nationwide strikes and gyrating markets, Europe has put its crisis to good use. Here Jacob Funk Kirkegaard, a research fellow at the Peter G. Peterson Institute for International Economics points out five trends that will ultimately strengthen the European Union and the euro currency.
In austerity-hit Britain, holiday shoppers shorten their lists

One year after Britain imposed sharp austerity measures, the holiday shopping season is feeling pinched, with Christmas lights missing and shopkeepers working hard to lure customers.
Cameron's EU veto stirs discontent (VIDEO)

British Prime Minister David Cameron today defended his veto of greater EU fiscal integration as a protection against London's financial sector.
Europe's new fiscal union: how big a step out of crisis?

Angela Merkel and Nicolas Sarkozy have proposed a pact to form a European 'fiscal union' with strict financial rules in parallel with the EU. But Britain has balked, leaving it the odd man out.
Eurozone crisis: A Polish answer to the 'German question'

Days ahead of a key summit to solve the European debt crisis, Polish Foreign Minister Radosław Sikorski bluntly spelled out six reasons why Germany – more than any other country – owes its fellow European Union members solidarity in holding the eurozone together.
Latin America Monitor
With much fanfare, Venezuela's first batch of repatriated gold comes home

President Hugo Chávez oversaw the return of the first batch of Venezuela's gold from foreign banks.  Was it a publicity stunt?
G7 led by US can't drive the world economy anymore. G20 must step up.

As developed economies deal with debt and emerging economies like China ramp up, the G20 must spearhead coordinated, complementary policies to navigate the choppy waters ahead, especially for Europe. Austerity alone won't do the trick.
In Pictures: 9/11 10th anniversary
Latin America Monitor
Midas touch? Hugo Chávez plans to use gold to end 'dictatorship' of US dollar

The Venezuelan president announced plans to nationalize his country's gold industry and move Venezuela's reserves out of Western banks and into the banks of more friendly nations.
London riots: 4 key questions

Violent riots and looting across London resulted in burned-out buildings and hundreds of arrests. What were the origins of London’s conflagration?
How to find hope beyond the gloomy job numbers

The latest job numbers, as well as woes in the stock market and the global economy, call for a focus on ways to measure new ideas in business that can create jobs.
From gold rush to gold standard: history's filigree

A timeline of the precious metal's effects on the world – from gold rush to gold standard.