Rishi Sunak picks his way through budget minefield

Rishi Sunak picks his way through budget minefield

[ad_1] LONDON — “Better than the last guy” might not be quite the tagline every world leader hopes for. It could yet be Rishi Sunak’s winning formula. The British prime minister, swept into office late last year by wave after wave of Tory psychodrama, has cleared several major hurdles in the space of the past … Read more

Silicon Valley Bank collapse sets off scramble in London to shield UK tech sector

Silicon Valley Bank collapse sets off scramble in London to shield UK tech sector

[ad_1] Press play to listen to this article Voiced by artificial intelligence. LONDON — The U.K. government was scrambling on Sunday to limit the fallout for the British tech sector from the collapse of Silicon Valley Bank, a big U.S. lender to many startups and technology companies. The government is treating the potential reverberations as … Read more

Britain’s semiconductor plan goes AWOL as US and EU splash billions

Britain’s semiconductor plan goes AWOL as US and EU splash billions

[ad_1] Press play to listen to this article Voiced by artificial intelligence. LONDON — As nations around the world scramble to secure crucial semiconductor supply chains over fears about relations with China, the U.K. is falling behind. The COVID-19 pandemic exposed the world’s heavy reliance on Taiwan and China for the most advanced chips, which … Read more

The Great British Walkout: Rishi Sunak braces for biggest UK strike in 12 years

The Great British Walkout: Rishi Sunak braces for biggest UK strike in 12 years

[ad_1] LONDON — Public sector workers on strike, the cost-of-living climbing, and a government on the ropes. “It’s hard to miss the parallels” between the infamous ‘Winter of Discontent’ of 1978-79 and Britain in 2023, says Robert Saunders, historian of modern Britain at Queen Mary, University of London. Admittedly, the comparison only goes so far. … Read more