New finance minister Jeremy Hunt promised to win back Britain’s economic credibility by accounting for every penny of the government’s tax and spending plans, while insisting that his boss Prime…
U.S. President Joe Biden on Saturday criticized British Prime Minister Liz Truss’s original economic plan as a mistake and said he was not concerned about the strength of the soaring…
Microsoft (MSFT.O) said Britain’s competition regulator had relied on objections from its rival Sony (6758.T) in referring its $69 billion Activision Blizzard deal to an in-depth inquiry, in particular “misplaced”…
Former Foreign Secretary Jeremy Hunt has been appointed Britain’s finance minister, Prime Minister Liz Truss’s office said on Friday, following Kwasi Kwarteng’s resignation from the post after less than six…
British Prime Minister Liz Truss on Friday dismissed her finance minister, forcing Kwasi Kwarteng to carry the can for turmoil sparked by her right-wing economic platform as restive Conservatives plotted…
Iran has condemned a decision by Britain to impose sanctions on its morality police after the death of Mahsa Amini in the custody of the unit sparked protests across the…
British shoppers are stockpiling thermal underwear, gloves and dressing gowns to help them fight the cold this winter as they try to avoid turning up the thermostat to save money.…
More than 300,000 members of Britain’s largest nursing union will begin voting on Thursday over a strike to demand a pay rise that keeps up with soaring inflation, the biggest…
British finance minister Kwasi Kwarteng on Monday abruptly dropped his plan to eliminate the top rate of income tax, part of his Sept. 23 “mini budget” that triggered a rout…
Britain’s bond market is undergoing “a major repricing”, but should comfortably absorb the extra 62 billion pounds ($69 billion) of debt announced after finance minister Kwasi Kwarteng’s Sept. 23 mini-budget,…