Eshe Nelson
Eshe Nelson is a reporter for The New York Times based in London, where she covers economics and business news. She focuses on the British economy and the European Central Bank, reporting on government economic policies and the Bank of England's decisions. Eshe has covered European economics, markets, and business news for over a decade. Before joining The Times, she completed the Knight-Bagehot Fellowship in Economics and Business Journalism at Columbia University's Business and Journalism schools. Eshe grew up in Reading, UK, and moved to London for university. She always identifies herself as a reporter for The Times when reporting and maintains a wide range of sources for expert commentary.
Biography:
https://www.nytimes.com/by/eshe-nelson
84%
The Daily's Verdict
This author has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on the author's reporting.
Bias
90%
Examples:
- The author occasionally includes personal opinions or interpretations in the reporting.
Conflicts of Interest
90%
Examples:
- The author sometimes fails to disclose potential conflicts of interest, such as access to market-sensitive information.
Contradictions
84%
Examples:
- There are instances where the author reports conflicting information without acknowledging the contradiction.
Deceptions
74%
Examples:
- The author occasionally uses misleading or deceptive tactics, such as exaggerating the severity of the UK's economic recession.
Recent Articles
New Chancellor Rachel Reeves Announces Controversial Spending Cuts to Address Public Finances Crisis
Broke On: Monday, 29 July 2024New Chancellor Rachel Reeves announces spending cuts and axes projects to address a reported 22-billion-pound shortfall in public finances, including scrapping winter fuel payments for pensioners. Controversial decisions spark criticism, particularly regarding the impact on vulnerable populations. 
New Chancellor Reeves Announces Plans for Economic Stability, Housing Revitalization, and Business-Friendly Environment
Broke On: Friday, 05 July 2024Newly appointed UK Chancellor Rachel Reeves unveils plans to revitalize the economy, focusing on housing and productivity growth. She aims to reform planning policies, restore mandatory housing targets, and create a £7.3bn National Wealth Fund. The Labour government intends to cut red tape, defeat Nimbys at a national level, and appoint 1,400 new planning officers. 
New Labour Prime Minister Starmer's Cabinet: Reeves as Chancellor, Timpson as Prisons Minister, and Key Appointments
Broke On: Saturday, 06 July 2024Keir Starmer is sworn in as the UK's new prime minister, appointing Rachel Reeves as Chancellor of the Exchequer and James Timpson as Prisons Minister. The Labour Party focuses on increasing NHS appointments, pursuing modern supply-side economics, reducing reoffending rates, and addressing prison overcrowding. :max_bytes(150000):strip_icc():focal(749x0:751x2)/taylor-swift-eras-tour-london-72-06222023-d4d0d9ca1b9c4cee936c0dbe22d0ebf8.jpg)
Taylor Swift's Eras Tour Kicks Off in London: A Cultural Phenomenon and Economic Boost
Broke On: Friday, 21 June 2024Taylor Swift's Eras Tour kicks off in London with star-studded performances and economic impact. The sell-out event at Wembley Stadium brought revenue to Europe, estimated at €20m for Portugal alone (Yahoo News). Swift's musical journey through her career, featuring 40 songs from her eleven albums (New Statesman), has already generated over $1bn in ticket sales worldwide. Her romantic connections with British citizens, including Harry Styles and Joe Alwyn, have added to the cultural phenomenon. 
Taylor Swift's London Eras Tour Kicks Off with Star-Studded Performances and Economic Impact: A Look at the Significant Three-Night Stop at Wembley Stadium
Broke On: Friday, 21 June 2024Taylor Swift's London Eras Tour kicks off with star-studded performances and significant economic impact at Wembley Stadium, leaving fans in awe and boosting the city's economy. 
Bank of England Maintains Interest Rates at 5.25% as Inflation Drops to Target
Broke On: Wednesday, 19 June 2024The Bank of England kept interest rates at 5.25% in June, despite inflation dropping to the target rate of 2%, as some members pushed for a cut amid cooling core inflation and easing by the ECB. The decision provides relief from rising mortgage rates and taxes but may not signal an imminent rate reduction due to underlying price pressures. 
ECB Cuts Interest Rates for First Time in 5 Years as Inflation Cooling Signals End to Aggressive Monetary Policy
Broke On: Thursday, 06 June 2024The European Central Bank (ECB) lowered interest rates for the first time in nearly five years, reducing the benchmark deposit rate to 3.75% from 4%. This marks the highest rate in the bank's history and a response to improved inflation outlook. The move comes as inflation cools in the eurozone, with central banks in Switzerland and Sweden also cutting rates recently. Despite this, investors remain cautious about further rate cuts by the Federal Reserve due to persistently high inflation. 
ECB Set to Cut Rates: Implications for Euro, Inflation, and Global Markets
Broke On: Wednesday, 05 June 2024The European Central Bank (ECB) is set to cut borrowing costs for the first time since 2019, ending record-fast hikes amid falling Eurozone inflation and a weak economy. ECB President Christine Lagarde will address the governing council meeting on April 11, 2024. Despite some analyst skepticism about recent inflation figures, the ECB is expected to lower its key interest rate from 4% to 3.75%, weakening the euro while US rates continue tightening. UK Economy Rebounds with 0.6% Growth in Q1 2024: Services Sector Expands, Unemployment Rises Modestly
Broke On: Friday, 10 May 2024The UK economy grew by 0.6% in Q1 2024, marking the fastest growth rate in two years after two quarters of contraction. Services sector expanded, GDP per person grew for the first time in seven quarters, and unemployment rose modestly to 4.2%. Despite high interest rates and business bankruptcies, labor market resilience fueled by wage growth and consumer spending drove the recovery. However, some sectors struggled while others thrived, with a sluggish medium-term outlook expected. PM Rishi Sunak expressed optimism about the economic recovery, highlighting tax cuts and falling energy prices. 
Raising Income Tax: The Possibility of Scrapping National Insurance
Broke On: Thursday, 07 March 2024Jeremy Hunt suggests raising income tax if national insurance is abolished. The government's eventual goal is to scrap NI entirely, but this would require a significant increase in revenue. Some Tory MPs criticized the decision to cut NI rather than income tax and believe it affects pensioners who do not pay NI.
