TAG: Cost of living
2023: The year in figures and charts
2023 was marked by crisis, transition and conflict.As the war in Ukraine dragged into its second yea...
8 months ago
UK considers probe of Chinese EV subsidies
LONDON — Britain is considering whether to investigate Chinese state subsidies for electric vehicle (EV) makers, two people familiar with the nascent plans told POLITICO.A U.K. investigation would follow the launch of a similar probe by the EU last Octobe...
6 months ago
Nigel Farage’s new party wants net zero to be center stage at UK general election
LONDON — Nigel Farage has made immigration a central issue at numerous U.K. elections. This year he hopes to repeat the trick with climate change policy.Farage’s right-leaning Reform UK party plans to make scrapping Britain's ambitious climate targets cen...
6 months ago
Sack Andrew Bailey as Bank of England boss, says Liz Truss
LONDON ― Andrew Bailey should be sacked as governor of the Bank of England and a politician should be put in charge of setting monetary policy instead, former U.K. Prime Minister Liz Truss argued.Interest-rate setting is a “political decision” and “should...
6 months ago
Starmer’s ‘quiet’ climate radicalism sets up battle with Farage
LONDON — Early last year, U.K. Labour leader Keir Starmer’s top green lieutenant traveled to Berlin. He was there to take notes on a German government full of climate vim. Starmer’s man Ed Miliband — then in opposition, now the U.K. energy secretary — enc...
2 months ago
Nobody even noticed the Tories’ biggest legacy
LONDON — When she needed a break from the Brexit wars, Theresa May would head for the hills. Far from the pressure-cooker of Westminster, May spent every summer between 2016 and 2019 — her three years as U.K. prime minister — walking in the mountains of S...
2 months ago
Why your coffee got so damn expensive
Life used to be so simple. And cheap.Remember the good old days when you could pop into your local café for an espresso for just €1? Italians do. In Rome or Milan or Naples, the morning ritual would see workers hurry into their neighborhood bar and gulp d...
2 months ago
How Ed Miliband became Britain’s most divisive government minister
LONDON — Six weeks on from Labour’s resounding election victory, no one in Keir Starmer’s Cabinet has moved quite as quickly as Ed Miliband. A former (failed) Labour leader, who critics deemed too left-wing and awkward to win over the British public, Mil...
2 months ago
The EU’s plan to make housing more affordable
BRUSSELS — The European Commission wants to make housing more affordable by squeezing more cash out of European Union funding programs and revising rules, according to a draft policy document seen by POLITICO.Commission President Ursula von der Leyen has...
1 week ago