September 26,2025
At home and abroad, Britain’s economy is in trouble. Inflation remains high, debt and deficit levels are elevated, and productivity growth is sluggish. Yields on long-term government debt are higher than in any other major advanced economy. Four in five Britons think the government is mismanaging the economy; hedge fund manager Ray Dalio says the country is trapped in a “doom loop of debt”. Infrastructure and housing projects, which were supposed to be engines of growth, have delivered disappointing results, as we report.
Donald Trump hates being mocked; so his allies used a flimsy pretext to drive Jimmy Kimmel off late-night TV. The president is fed up with criticism when he should be celebrated, so his lawyers have sued The New York Times for $15 billion . He sees everything as a fight, so his team wants wealthy allies to buy control of TikTok’s U.S. operations from its Chinese parent. These worrying skirmishes are part of a war on the American media. Yet Trump has scored almost no major victories. Mr. Kimmel is back on air; a federal judge mocked the lawsuit from the bench and who knows how compliant those billionaires will be.
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