UK’s Starmer, Germany’s Scholz seek to strengthen ties in post-Brexit reset

UK’s Starmer, Germany’s Scholz seek to strengthen ties in post-Brexit reset

Keir Starmer, UK prime minister, left, and Olaf Scholz, Germany’s chancellor, ahead of their meeting at the Chancellery in Berlin, Germany, on Wednesday, Aug. 28, 2024. Krisztian Bocsi | Bloomberg | Getty Images U.K. Prime Minister Keir Starmer and German Chancellor Olaf Scholz met in Berlin on Wednesday with a view to deepen ties amid … Read more

Taylor Swift Eras Tour unlikely to impact BOE rate policy

Taylor Swift Eras Tour unlikely to impact BOE rate policy

Taylor Swift performs onstage during “Taylor Swift | The Eras Tour” at Wembley Stadium on August 15, 2024 in London, England. Gareth Cattermole/tas24 | Getty Images Entertainment | Getty Images LONDON — Taylor Swift’s record-breaking Eras Tour may have led to a surge in restaurant and hotel bookings in the U.K. — but it’s unlikely … Read more

Banks get bullish on the British pound

Banks get bullish on the British pound

LONDON — With sterling as one of the best performing major currencies so far this year, analysts at various investment banks believe that the British pound still has more room to run, despite the Bank of England likely cutting interest rates in the near term. In a recent research note, experts at Goldman Sachs were … Read more

Keir Starmer: Rishi Sunak: The rise and fall of Conservative’s UK PM and Narayana Murthy’s son-in-law, who ended the Tories’ 14-rear rule

Keir Starmer: Rishi Sunak: The rise and fall of Conservative’s UK PM and Narayana Murthy’s son-in-law, who ended the Tories’ 14-rear rule

The Labour Party is poised for a significant victory in the UK general election, as exit polls indicate a major defeat for Prime Minister Rishi Sunak’s Conservative Party. This marks the end of the Conservative’s 14-year governance of Britain. UK Prime Minister Rishi Sunak Concedes Rishi Sunak acknowledged the Labour Party’s triumph, stating, “The Labour … Read more

The 14 years that broke Britain, part 2 – podcast | News

The 14 years that broke Britain, part 2 – podcast | News

In the second episode of a two-part series examining the legacy of 14 years of Conservative rule in the UK, Jonathan Freedland and Helen Pidd lay out the chaos that followed David Cameron’s departure from Downing Street. Cameron’s reign ended abruptly in the summer of 2016, when his gamble to hold a referendum on EU … Read more

Millionaires are abandoning the UK in their droves, new research shows

Millionaires are abandoning the UK in their droves, new research shows

Zhangkun | Moment | Getty Images LONDON — A record number of millionaires is expected to leave the United Kingdom this year, according to new research, with this year’s general election expected to further exacerbate the exodus. The Henley Private Wealth Migration Report indicates that Britain will experience a net loss of 9,500 high-net-worth individuals in … Read more

Rufus Wainwright blames Brexit for his Sheridan Smith musical flop closing early | Theatre | Entertainment

Rufus Wainwright blames Brexit for his Sheridan Smith musical flop closing early | Theatre | Entertainment

“Opening Night starring Sheridan Smith is a confusing, tedious mess with irritating hand-held cameras and disappointingly dreary music by Rufus Wainwright.” That’s what Express.co.uk’s Arts Editor Stefan Kyriazis wrote in his 1 star review after the West End show’s press night. Other theatre critics slammed the musical about an alcoholic actress preparing for the opening … Read more

Deal for British carmakers to avoid high Canadian tariffs set to expire: U.K. – National

Deal for British carmakers to avoid high Canadian tariffs set to expire: U.K. – National

Descrease article font size Increase article font size Britain said on Wednesday that post-Brexit trade arrangements with Canada that enable its carmakers to avoid high tariffs there were likely to expire next week, marking the latest deterioration in trade ties between the historic allies. Britain and Canada paused talks over a new free trade agreement in January … Read more

UK finance minister expected to pledge pre-election tax cuts

UK finance minister expected to pledge pre-election tax cuts

British Finance Minister Jeremy Hunt said earlier this month the U.K. would not enter a recession this year. Hannah Mckay | Reuters LONDON — Economists expect U.K. Finance Minister Jeremy Hunt to use a small fiscal windfall to deliver a modest package of tax cuts at his Spring Budget on Wednesday. Heading into what will … Read more