UBS has overhauled compensation for top executives, and the British government looks for ways to cut the overall cost of the bailout.

In a classic example of a futile government intervention, British Leyland went through billions in taxpayer money before going out of business.

As Britain confronts the highest rate of unemployment in over a decade, the country’s financial center is suffering not just from a loss of jobs but of prestige, too.

Britain’s small businesses are demanding cheaper credit and tax breaks after a multibillion-pound government bank bailout failed to immediately free up credit.

Britain has provoked anger by using an antiterrorism law to freeze British assets in a failing Icelandic bank.

Britain has provoked anger by using an antiterrorism law to freeze British assets in a failing Icelandic bank.

Britons are coming down from their huge spending spree, and alarm about the future is coursing through the nation like an electric current.

A move to stem panic earns the Old World some self-respect.

After devising a bank rescue plan that has now been endorsed by European and American officials, Gordon Brown is seeing a revival to his political career.

Britain overreached imperially. The U.S. has been doing it financially.