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Philip Aldrick
The U.K. economy has been hamstrung by the worst cost-of-living crisis in generations, as well as interest rate increases.
BUSINESS / Economy
Feb 16, 2024
U.K. recession deals fresh blow to Rishi Sunak’s economic promises
Statistics showing the GDP contraction emerged at a particularly bad time for the U.K. prime minister, with two by-elections taking place in England.
Chinese leader Xi Jinping is seen on a screen during a video address for the Global Trade in Services Summit, at the media center for the China International Fair for Trade in Services in Beijing on Saturday.
BUSINESS / Economy
Sep 2, 2023
The U.S., allies see opportunity and risk in slowing China economy
The U.S. and other G7 nations increasingly see evidence of deep-seated structural problems that ultimately will strengthen the West’s hand.
Japan Times
WORLD / FOCUS
Jun 12, 2023
Britain’s post-Brexit policy drift alarms world’s executives
The British economy has been the slowest to recover from COVID-19 of all Group of Seven nations and is the only one with a smaller workforce than before the pandemic.
Japan Times
BUSINESS / Economy
Mar 13, 2023
A lost decade worse than Japan’s threatens to change U.K. forever
U.K. faces handicaps including soaring inflation that make it a very different economic environment to 1990s Japan.
Japan Times
BUSINESS / Economy
Jan 17, 2023
Business chiefs and economists brace for recession as Davos begins
A separate survey of chief economists, released by the World Economic Forum, found two-thirds expect a worldwide recession in 2023 as businesses cut costs.
Japan Times
BUSINESS
Sep 29, 2022
The U.K.’s fast-paced crisis of financial confidence was years in the making
Friday's mini-budget has become a flash point for not just investors' short-term concerns, but has given sharp focus to their long-held fears about the country.
Japan Times
WORLD / Politics
Sep 24, 2022
Liz Truss’ historic gamble with the U.K. economy is already unraveling
The market's verdict on the u00a3220 billion (u00a534.2 trillion) policy blitz set out by finance chief Kwasi Kwarteng was swift and devastating.
Japan Times
BUSINESS / Economy
Jul 6, 2022
Wall Street says a recession is coming. Consumers say it's already here.
Prices are soaring worldwide, particularly for essential foods and fuels, eroding the spending power of families.
Japan Times
BUSINESS / Economy
Apr 26, 2022
Brexit caused a ‘major shock’ to U.K. trade patterns, study says
However, the researchers stressed that the results may 'reflect temporary changes,” since the study captures only the first year of Brexit and didn't asses trade in services.

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Yasuyuki Yoshida stirs a brew in a fermentation tank at his brewery in Hakusan.
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