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United Kingdom

Surging energy costs push British businesses to the brink

by Victoria Craig
Sep 30, 2022
The U.K.'s rate of business failure has climbed far above pre-pandemic levels as economic uncertainty reigns.
Energy-intensive businesses like bakeries are suffering energy price shocks. Above, workers at Sourdough Sophia in London.
Victoria Craig/BBC
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Why investors are bailing on the UK

by Sabri Ben-Achour
Sep 26, 2022
Bond yields hit highs not seen in decades, and the pound fell to a record low against the dollar. What is going on in the UK?
The premises of the Bank of England, which is trying to rein in inflation. British bonds and the national currency are having difficulty finding buyers.
Isabel Infantes/AFP via Getty Images
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Queen Elizabeth II dies amid uncertain times in the UK

by Kai Ryssdal and Andie Corban
Sep 8, 2022
"She died — although at the age of 96 — too soon," said Marketplace's Stephen Beard.
Queen Elizabeth at Saint Paul's Cathedral in London in 2012.
WPA Pool/Getty Images
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Soaring UK inflation tops 9%, fuels labor unrest

by Stephen Beard
Jun 23, 2022
The Ukraine war and the impacts of the pandemic sparked a global spike in prices. Britain is grappling with the domestic consequences.
Workers marched through London last weekend, demanding pay raises to match inflation.
Stephen Beard/Marketplace
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U.K. weighs whether to restore its old system of imperial measurements

by Stephen Beard
Jun 15, 2022
The prime minister pledged to make the use of pounds and ounces official again after Brexit. We checked sentiment at Shrewsbury Market.
In the imperial measurement system, an inch is based on the length of three grains of barley.
Reimphoto/Getty Images
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Why the U.K. is threatening to tear up part of its Brexit treaty with the European Union

by Stephen Beard
May 27, 2022
The British move to change unilaterally part of its withdrawal deal with the EU could trigger a trade war with the bloc.
The Brexit grace period is over for most nonfood products arriving in Northern Ireland from the British mainland, and a wide swathe of goods already has been squeezed out of the Northern Ireland market.
Dan Kitwood/Getty Images
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Brits push back against SLAPP lawsuits that "gag" critics of oligarchs

by Stephen Beard
Apr 29, 2022
The U.K. government has promised to act against the suits that allow wealthy litigants to abuse libel law and deter reporting on their finances.
The U.K. government has promised to take action against SLAPPs, lawsuits that often target journalists, authors and campaign groups.
baona/Getty Images
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"Patriotic Millionaires" in the U.K. call for higher taxes … on themselves

by Stephen Beard
Apr 5, 2022
The group of wealthy individuals say they would be happy to pay a lot more in taxes to ease the burden on the poor and the middle classes.
As the United Kingdom grapples with high inflation, a group of millionaires is volunteering to take a bump in taxes.
clubfoto/Getty Images
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UK accused of dragging its feet over sanctions on Russian oligarchs and of failing to clean up the “London laundromat”

by Stephen Beard
Mar 4, 2022
Despite billions' worth of assets in London owned by Russian oligarchs, only a handful have been formally sanctioned by the U.K.
Roman Abramovich, owner of the Chelsea soccer club and one of London's most well-known Russian oligarchs, has not yet been sanctioned by the United Kingdom.
Paul Gilham/Getty Images
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Trump-era export tariffs are still rattling British steelmakers

by Stephen Beard
Jan 19, 2022
President Biden lifted a 25% tariff from European Union steel, but British steelmakers complain that they’re being unfairly penalized.
Then-President Donald Trump poses with the 2018 steel import proclamation, which added a 25% tariff on imported steel. President Joe Biden has lifted the tariff for countries in the European Union but not for the United Kingdom.
Chip Somodevilla/Getty Images
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