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Tom Rees

Stay informed with Tom Rees’s coverage and analysis.

U.K. borrows billions more than expected as debt costs surge
Politics
U.K. borrows billions more than expected as debt costs surge
By Tom Rees and BloombergJuly 22, 2025
BOE’s Bailey urges closer EU trade to reverse Brexit damage
Politics
BOE’s Bailey urges closer EU trade to reverse Brexit damage
By Philip Aldrick, Tom Rees, Irina Anghel, Francine Lacqua and BloombergMay 30, 2025
Bank of England votes to hold rates as doves turn cautious
Finance
Bank of England votes to hold rates as doves turn cautious
By Tom Rees and BloombergMarch 20, 2025
U.K. economy shrinks in January in fresh setback for Starmer
Politics
U.K. economy shrinks in January in fresh setback for Starmer
By Tom Rees, Irina Anghel and BloombergMarch 14, 2025
U.K. is set to face more frequent recessions, economists warn
Finance
U.K. is set to face more frequent recessions, economists warn
By Tom Rees and BloombergJanuary 23, 2025
U.K. may need to tax the wealthy or target inheritances to close £20 billion deficit left by previous government
Politics
U.K. may need to tax the wealthy or target inheritances to close £20 billion deficit left by previous government
By Tom Rees, Philip Aldrick and BloombergSeptember 10, 2024
People walk across London Bridge from Canada in the evening sun on the hottest day of the year so far on the 30th of July 2024, London, United Kingdom. Many are office workers heading towards London Bridge Station and home after a long day at work in Canada. The Met Office announced the same day that it recorded 32°C at Kew Gardens and Heathrow in London, making it the country's so far warmest day of the year. (photo by Kristian Buus/In Pictures via Getty Images)
Finance
Surprise dip in U.K. unemployment combined with rising GDP signals strengthening economy—unlike the U.S.
By Tom Rees, Andrew Atkinson and BloombergAugust 13, 2024
Flags of Great Britain and European Union
Politics
EU would ‘be delighted’ to forge closer ties with the U.K.’s next government, according to Economy Commissioner
By Jorge Valero, Craig Stirling, Tom Rees and BloombergMay 27, 2024
Close up of Bank of England governor Andrew Bailey making a point
Finance
U.K. inflation drops to 2.3%, but interest rate cuts aren’t expected until November 
By Tom Rees, Philip Aldrick and BloombergMay 22, 2024
Britain's Prime Minister Rishi Sunak
Finance
U.K. bounces back from recession with fastest growth in nearly three years
By Tom Rees, Philip Aldrick and BloombergMay 10, 2024
River Kennet flowing past apartment housing in town center, view east from London Street Reading, Berkshire, England, UK.
Retail
Homes in England are more cramped than ones in New York City and offer the worst value for money in the developed world
By Tom Rees and BloombergMarch 25, 2024
A customer, center, tastes a sample of wine in the wine and spirits section of the newly refurbished Marks & Spencer Group Plc Food shop in London, U.K,
Finance
Food prices cool in the U.K. as inflation slips 3.4% in February, way below expectations
By Tom Rees and BloombergMarch 20, 2024
Olivier Blanchard
Finance
Top economist ‘very worried’ about America’s $34 trillion national debts: ‘There’s absolutely no attempt to decrease them in any way, shape or form’
By Tom Rees and BloombergFebruary 20, 2024
The amount Britain owes exceeds its GDP for the first time since 1961—and credit-rating agencies are watching
Europe
The amount Britain owes exceeds its GDP for the first time since 1961—and credit-rating agencies are watching
By Tom Rees, Alice Gledhill, Philip Aldrick and BloombergAugust 19, 2023
Lit porches of a terraced period houses and in the distance, the growing development at Nine Elms at Battersea, seen from Ruskin Park, a south London green space in Lambeth
Finance
U.K. inflation eases more than expected, offering hope of curbing wage-price spiral
By Tom Rees and BloombergJuly 19, 2023
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