Holly Ellyatt
Holly Ellyatt covers how political shocks and security crises in Europe move through economies and markets. At CNBC she focuses on the Russia-Ukraine war, European politics and policy, and the impact of those developments on investors, households and businesses. Her reporting often ties frontline events and leadership decisions to market reactions, sanctions regimes and shifts in energy, inflation and growth.
Russia-Ukraine war and its wider fallout
Ellyatt is a regular byline on coverage of the Russia-Ukraine conflict, tracking battlefield developments alongside diplomatic moves and security debates. She reports on territorial gains and setbacks, mobilization efforts, cease-fire talks and nuclear rhetoric, and then sets those events in the context of NATO strategy and Western support. Her pieces frequently examine sanctions on Russia, the effects on energy and commodities, and how those measures feed back into price pressures and supply disruptions across Europe. She highlights statements from political leaders, defense officials and analysts, and she brings together what they say with confirmed developments on the ground to give a clear view of the state of the war and its likely next steps. Beyond daily developments, she writes on how the conflict is reshaping Europe’s security order, highlighting new defense commitments, alliance tensions and debates over long-term support for Ukraine.
European economies under pressure
A large part of Ellyatt’s work looks at how political and security shocks translate into economic stress in Europe. She covers inflation surges, energy price spikes and growth downgrades in major European economies, often tying them directly to war-related supply shocks or policy choices. Her stories examine how governments respond through fiscal support packages, price caps or subsidies, and how central banks balance inflation risks against recession fears. She highlights impacts on consumers and businesses, from rising household energy bills to industrial output cuts, while also tracking market indicators such as currency moves and bond yields to show how investors are reading the outlook. She often uses economists’ and strategists’ commentary to explain why particular policy choices might steady markets, unsettle them or simply buy time.
UK politics, policy and market reaction
Ellyatt follows UK political developments closely, especially when they collide with market confidence. In coverage of Conservative Party leadership contests and changes in government, she focuses on how candidates’ fiscal and economic plans land with investors and ratings agencies. In her reporting on Britain’s prospective next prime minister seeking to calm bond markets after a sharp sell-off, she explains why gilts had fallen, what reassurances investors were looking for and how specific policy signals affected yields and currency moves. She regularly ties Westminster debates on tax, spending and regulation to broader questions about the UK’s growth prospects, debt sustainability and credibility with international markets. Her stories in this area tend to move quickly from political narrative to the direct implications for borrowing costs, business investment and living standards.
Live coverage, explainers and analytical updates
Ellyatt works across formats, with a particular emphasis on live blogs and fast-turn explainers. In live coverage of the Russia-Ukraine war and European political events, she curates rolling updates that mix verified on-the-ground reports, official statements, market moves and expert reaction. Her explainers break down complex developments such as new sanctions packages, defense commitments or emergency economic measures into clear, step-by-step pieces that show who is affected, how and on what timeline. She writes in straightforward language and uses data points, charts and quoted analysis to anchor her stories in observable facts. Across topics, her work is distinguished by its consistent effort to connect geopolitics and policy decisions to concrete economic outcomes and market responses, giving decision-makers and investors a joined-up view of events.
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Adam McCulloch
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Aidan Fortune
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Albert Toth
Albert Toth stands out for business coverage that tracks how boardroom and industrial decisions disrupt everyday life. He reports for The Independent, focusing on the intersection of workplace disputes, transport networks and the wider economy. His business beat centres on the real-world impact of strikes, industrial action and other developments that might otherwise feel abstract. He explains how these stories translate into costs, choices and disruption for the public, using clear, practical language. A core part of his work is service-led reporting on strikes and transport disruption, including guides to upcoming tube walkouts. He organises information around what readers need to plan: dates, routes, affected services and the scale and phases of expected disruption.
Alberto Nardelli
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