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The Economist
The Economist
28 Jan 2025


NextImg:What the rise of bubble tea says about British high streets
Britain | Students and retail

What the rise of bubble tea says about British high streets

A sugar rush from foreign students

|MIDDLESBROUGH

Qun and richard ferreira opened a bubble-tea shop in Middlesbrough, in north-east England, in 2022. “To my knowledge, it was the first one in Teesside,” says Mr Ferreira. Since then at least five other bubble-tea outfits have opened in the Tees valley, with mixed success. But the Ferreiras nabbed the best location: around the corner from Teesside University, on Linthorpe Road.

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Britain’s brokers are diversifying and becoming less British

London’s depleted stockmarket is forcing them to change


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What a buzzy startup reveals about Britain’s biotech sector

Lots of clever scientists, not enough business nous


Britain’s government lacks a clear Europe policy

It should be more ambitious over getting closer to the EU

The Rachel Reeves theory of growth

The chancellor says it’s her number-one priority. We ask her what that means for Britain