In a career spanning more than 30 years, John Pettigrew has seen big changes in the electricity industry. He started out in 1991, working to introduce natural gas-fired power plants to the grid, gradually replacing […]
Tag: Great Britain
Bond Market Sell-Off Prompts Bank of England to Make Unusual Move
The Bank of England ditched its plan to sell some of its holdings of long-term bonds next week, after U.S. Treasuries led a rout in the global government bond market. Stock markets have taken a […]
U.S. Bond Sell-Off Is Another Worrisome Echo of the Liz Truss Fiasco
The parallels between President Trump and Liz Truss, Britain’s shortest-serving prime minister, are growing starker. Ms. Truss triggered market turmoil in 2022 after she proposed sweeping tax cuts that she proposed to pay for with […]
Britain Tried Everything, Including a Royal Invite. It Got a 10% Tariff.
After all that — the chummy Oval Office meeting, the extraordinary royal invitation, the paeans to the “special relationship” — Britain and its solicitous prime minister, Keir Starmer, still got swept into President Trump’s tariffs, […]
