Roblox stock sinks after November update shows slowing growth
A man photographs a Roblox banner displayed, to celebrate the company’s IPO, on the front facade of the New York Stock Exchange (NYSE) in New York, March 10, 2021. Brendan…
Despite chaos, UK stockpickers are rubbing their hands: Here’s what they’re buying
The U.K. has been beset by political and economic instability in recent months, but as the investment environment undergoes a fundamental transition, investors see opportunity. The makeup of the U.K.’s…
Bank of England raises rate by 75 basis points, biggest hike in 33 years
A passageway near the Bank of England (BOE) in the City of London, U.K., on Thursday, March 18, 2021. Hollie Adams | Bloomberg | Getty Images LONDON — The Bank…
UK Prime Minister Liz Truss resigns after failed budget and market turmoil
Prime Minister Liz Truss announces her resignation at 10 Downing Street on October 20, 2022 in London, England. Leon Neal | Getty Images LONDON — U.K. Prime Minister Liz Truss…
UK inflation moves back up to 40-year high as Brits battle cost-of-living crisis
The Office for National Statistics announced inflation figures Wednesday as the U.K. undergoes a historic cost-of-living crisis and political turmoil. Westend61 / Getty Images LONDON — The consumer price index…
UK’s new finance minister scraps almost all planned tax cuts in bid to appease markets
Jeremy Hunt is interviewed for Sophie Raworth’s ‘Sunday Morning’ at BBC Broadcasting House in London. Tejas Sandhu | Lightrocket | Getty Images LONDON — U.K. Finance Minister Jeremy Hunt used…
British pound rises as finance minister brings forward policy announcements
Jeremy Hunt arrives at his home in London after he was appointed Chancellor of the Exchequer following the resignation of Kwasi Kwarteng. Picture date: Friday October 14, 2022. Aaron Chown…
UK PM Liz Truss fires Finance Minister Kwasi Kwarteng
LONDON, ENGLAND – OCTOBER 14: Britain’s Prime Minister Liz Truss attends a press conference in the Downing Street Briefing Room on October 14, 2022 in London, England. After just five…
British pound jumps on reports UK government may reverse parts of its tax-cutting proposals
The British pound traded 1.5% higher at $1.1269 during afternoon deals in London, before paring gains on robust U.S. inflation data. Karol Serewis | Lightrocket | Getty Images LONDON —…
British pound whipsaws after mixed messages from the Bank of England
In this photo illustration, the British pound is seen displayed. Karol Serewis | Lightrocket | Getty Images The British pound on Wednesday morning recovered losses slightly following a Financial Times…