Brexit Britain trapped in the middle as US and EU go to war on trade – POLITICO

Press play to listen to this article Voiced by artificial intelligence. LONDON — Three years after leaving the EU to chart its own course, Britain finds itself caught between two economic behemoths in a brewing transatlantic trade war. In one corner sits the United States, whose Congress in August passed the Biden administration’s much-vaunted $369 … Read more

NATO’s looming fault line: China – POLITICO

Press play to listen to this article Voiced by artificial intelligence. NATO allies finally agreed earlier this year that China is a “challenge.” What that means is anyone’s guess. That’s the task now facing officials from NATO’s 30-member sprawl since they settled on the label in June: Turning an endlessly malleable term into an actual … Read more

NATO’s looming fault line: China – POLITICO

Press play to listen to this article Voiced by artificial intelligence. NATO allies finally agreed earlier this year that China is a “challenge.” What that means is anyone’s guess. That’s the task now facing officials from NATO’s 30-member sprawl since they settled on the label in June: Turning an endlessly malleable term into an actual … Read more

The UK is starting to get real about Europe – POLITICO

Paul Taylor is a contributing editor at POLITICO. After six years of chaos and recrimination since Britons voted to leave the European Union, there are signs the country is showing an unexpected outbreak of common sense in its approach to the bloc. In his first weeks in office, Prime Minister Rishi Sunak — a Brexiteer … Read more

EU diplomats see ‘London talking to London’ as Westminster debates Swiss-style pact with Brussels – POLITICO

British politics might be abuzz with talk of a “Swiss-style” relationship with the European Union — but the mood on the Continent is one of polite bemusement. UK Prime Minister Rishi Sunak was this week forced to push back at a report in the Sunday Times that “senior government figures” in his fledgling administration are … Read more

EU diplomats see ‘London talking to London’ as Westminster debates Swiss-style pact with Brussels – POLITICO

British politics might be abuzz with talk of a “Swiss-style” relationship with the European Union — but the mood on the Continent is one of polite bemusement. UK Prime Minister Rishi Sunak was this week forced to push back at a report in the Sunday Times that “senior government figures” in his fledgling administration are … Read more

UK lags OECD average with pandemic GDP recovery

LONDON — UK growth has lagged the world’s biggest economies since the Covid-19 pandemic and is substantially below the OECD average, according to a new report from the influential Paris-based group. UK gross domestic product has contracted by 0.4% between the fourth quarter of 2019 and the third quarter of 2022, versus cumulative 3.7% growth … Read more

UK budget: Britain is bringing back austerity. Here’s why

London CNN Business — The last time a British finance minister revealed tax and spending plans, markets went haywire and the country’s prime minister ultimately lost her job. The new government is not looking for a repeat performance. On Thursday, Chancellor Jeremy Hunt is due to unveil a budget that will aim to restore confidence … Read more

What a long-term weak pound means for the UK economy

A British one pound coin sits in this arranged photograph in London, UK Bloomberg | Bloomberg | Getty Images LONDON — The British pound’s exchange rate against the US dollars has been on a rollercoaster ride in recent months. After a year of steady decline, it plunged to an all-time low below $1.10 after the … Read more

What a long-term weak pound means for the UK economy

A British one pound coin sits in this arranged photograph in London, UK Bloomberg | Bloomberg | Getty Images LONDON — The British pound’s exchange rate against the US dollars has been on a rollercoaster ride in recent months. After a year of steady decline, it plunged to an all-time low below $1.10 after the … Read more