Britain

The British Broadcasting Corporation (BBC) has announced a plan to relieve 382 of its workers from their jobs, as plans to broaden global digital operations grow. The UK’s media giant, …

Sterling tumbled against the dollar on Wednesday before paring some losses after the Bank of England (BOE) said it would step in to prop up the gilt market, and the …

Rock-bottom investor confidence in Britain will only recover with a U-turn of the economic plan announced last week by finance minister Kwasi Kwarteng, US economist Larry Summers and J.P. Morgan …

Britain’s pound plunged to an all-time low early on Monday as international investors reacted to plans laid out by the country’s new prime minister and finance minister to slash taxes …

Sterling slumped to a record low on Monday, prompting speculation of an emergency response from the Bank of England, as confidence evaporated in Britain’s plan to borrow its way out …

Britain’s bond market suffered its biggest daily fall in decades on Friday and is expected to slump further, as investors choked on the prospect of hundreds of billions of pounds …

British Prime Minister Liz Truss is set to launch a major review of the country’s visa system in a move to tackle acute labour shortages in key industries, the Financial …

Britain’s main opposition party leader Keir Starmer said on Sunday he would reintroduce the top rate of income tax to 45% after the government abolished the rate in a mini-budget. …

Britain’s deputy finance minister on Saturday played down a historic collapse in the pound and government bonds in response to the country’s new economic growth plan, which sent international investors …

British government bond yields surged by the most in a day in over three decades on Friday, the pound slid to a fresh 37-year trough against the dollar and stocks …