Lucy White

London

UK Economics Reporter at Bloomberg News

UK politics/economics correspondent @business covering trade and migration. Formerly Chief City Reporter @DailyMailUK

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Articles

UK Farmers Plan Legal Challenge Over Canceled Subsidies

1 week ago | bloomberg.com | Lucy White

A farmer operates a combine harvester during a wheat harvest near Chipping Ongar, UK. (Bloomberg) -- British farmers are planning to mount a legal challenge against the government for its unexpected decision to shutter a grant program for farms, in the latest sign of growing tensions between the ruling Labour Party and rural communities.
UK Urged to Give Companies Incentives to Hire the Long-Term Sick

2 weeks ago | bloomberg.com | Lucy White

The UK government needs to consider more perks for businesses and employees if it’s serious about getting the long-term sick back into the country’s workforce, two think-tanks said. Chancellor of the Exchequer Rachel Reeves should give firms a “holiday” on certain payroll taxes when they hire employees who are on long-term sickness or disability benefits, the Good Growth Foundation said.
UK Will Now Find Out If Brexit Helps or Hurts in US Trade Talks

3 weeks ago | bloomberg.com | Philip Aldrick |Lucy White

Brexit spared the UK from the worst of President Donald Trump’s latest barrage of tariffs. Britain will now find out whether being small, open and alone helps to weather a trade war between its two biggest economic partners. Trump’s decision to limit the tariffs on British imports to his minimum global rate of 10% — half the level slapped on European goods — was touted as “a good result, relatively,” by UK Trade Secretary Jonathan Reynolds.
Trump Tariffs: UK Refrains From Retaliation After US Announces 10% Levy

3 weeks ago | bloomberg.com | Lucy White

The UK refrained from retaliation and said it would maintain its push for a US trade deal after President Donald Trump slapped tariffs of 10% on all imports from Britain as part of a wider global package which he dubbed “Liberation Day” for his country. “Our approach is to remain calm and committed to doing this deal, which we hope will mitigate the impact of what has been announced today,” Business and Trade Secretary Jonathan Reynolds said late Wednesday in a statement.
Britons More Restrictive Toward Illegal Migrants Than EU Peers

3 weeks ago | bloomberg.com | Lucy White

Britons are more skeptical about giving migrants who have entered the country illegally a path to legal status than other Europeans, according to a study of five nations. UK respondents to the survey of 20,000 people displayed the most ambivalent or restrictive views toward so-called irregular migrants, the research from the European University Institute in Italy and the University of Uppsala in Sweden showed. People in Poland, Sweden, Austria and Italy were also surveyed.
Farage Tries to Sell Trumpism Without Trump to British Voters

3 weeks ago | bloomberg.com | Lucy White

Donald Trump still appears in the ascendancy as he reshapes the global trading system and rips up the norms of American diplomacy. In Britain, however, the US president’s rise is complicating the electoral path for his biggest cheerleader, Nigel Farage. The Brexit-campaigner’s populist Reform UK party held a Trump-style arena rally in Birmingham on Friday to launch campaigning ahead of local elections on May 1.
British Steel Owner Prepares to Close UK’s Last Blast Furnaces

4 weeks ago | bloomberg.com | Lucy White |Mark Burton

Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For Customers Bloomberg Anywhere Remote Login Software Updates Manage Products and Account Information Support Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Company About Careers Inclusion at Bloomberg Tech at Bloomberg Philanthropy Sustainability Bloomberg London...
British Steel Owner Jingye Rejects £500m UK Government Rescue Package

4 weeks ago | bloomberg.com | Lucy White

Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For Customers Bloomberg Anywhere Remote Login Software Updates Manage Products and Account Information Support Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Company About Careers Inclusion at Bloomberg Tech at Bloomberg Philanthropy Sustainability Bloomberg London...
UK Welfare Reforms to Drive 250,000 More People Into Poverty

4 weeks ago | bloomberg.com | Ailbhe Rea |Lucy White

A quarter of a million people, including 50,000 children, will be pushed into relative poverty in the UK by 2030 as a result of Chancellor of the Exchequer Rachel Reeves’ planned cuts to the country’s benefits system, according to a government assessment of the policy that risks stoking a rebellion within the governing Labour Party.
Ousted Reform UK MP Harassed Female Staff, Party Probe Finds

1 month ago | bloomberg.com | Lucy White

There is “credible evidence” that ousted Reform UK Lawmaker Rupert Lowe and male members of his team unlawfully harassed two women, according to a probe by an independent lawyer commissioned by the party.