Britain

British Home Secretary Suella Braverman will set out plans on Tuesday for new powers which would ban migrants who cross the English Channel from claiming asylum, a government source said. ...

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, the ...

Prime Minister Liz Truss had hoped her governing Conservative Party’s annual conference would be her crowning glory, but instead she was forced into a humiliating U-turn that has left ...

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 of ...

London’s Heathrow airport has told airlines it will lift a cap on passenger numbers at its terminals later this month, the Wall Street Journal reported on Monday, citing people ...

British Prime Minister Liz Truss was forced on Monday into a humiliating U-turn after less than a month in power, reversing a cut to the highest rate of income tax ...

Calls to the Bank of England saying some British pension funds were struggling to meet margin calls began on Monday. By Wednesday they were getting more urgent and coordinated. Wild ...

By Gwynne Dyer “The queen’s final act of service to the nation was to selflessly buy the economy one last fortnight,” said one tweet when all four wheels finally ...

Britain’s King Charles will not attend a world leaders’ climate change summit in Egypt next month, a royal source said on Sunday, as the new monarch steps back from ...

British Prime Minister Liz Truss tried to reassure her party and the public on Sunday by saying she should have done more to “lay the ground” for an economic plan ...

Britain’s opposition Labour Party has extended its lead over Prime Minister Liz Truss’s Conservative Party to 19 points, an opinion poll by market research company Opinium showed on Saturday, ...

British Prime Minister Liz Truss said she recognised there had been some financial market disruption following the government’s so-called mini budget and that it was important monetary and fiscal ...

Ratings agency Standard & Poor’s cut the outlook for its AA credit rating for British sovereign debt to “negative” on Friday from “stable,” citing rising fiscal risks and an ...

Crypto companies were undeterred by initial failure to obtain licences to operate in Britain and were submitting new applications, the Financial Conduct Authority said on Thursday. The FCA has been ...

Britain’s opposition Labour party has surged to a 33-point lead over the ruling Conservatives, according to a YouGov poll on Thursday, after days of chaos in financial markets triggered ...

Britain’s Queen Elizabeth died of old age, according to her death certificate, which was published by the National Records of Scotland on Thursday. Elizabeth, Britain’s longest-reigning monarch, died ...

A surge in borrowing costs and a likely slowdown in economic growth threaten to trigger a selloff in Britain’s housing market with consequences for personal wealth and the broader ...

Britain’s central bank resorted to buying bonds again on Wednesday in an emergency move to reduce the chaos in financial markets which was triggered last week by the tax ...

As new British Chancellor, Kwasi Kwarteng hoped to take down finance ministry groupthink that he and new Prime Minister Liz Truss saw as holding Britain back. Instead he’s seen ...

Prime Minister Liz Truss defended her economic plan that has roiled financial markets, saying on Thursday she was willing to take “controversial” steps to reignite growth and would not reverse ...

British health officials on Wednesday warned that increased circulation of flu and a resurgence in COVID-19 could lead to a difficult winter that increases pressure on the already stretched National ...

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 ...

Nervous financial markets propelled the safe-haven dollar to a fresh two-decade peak on Wednesday as rising global interest rates fed recession worries, while sterling languished near all-time lows on fears ...

Sterling’s slide to record lows leaves it staring at parity with the dollar. Whether or not it hits the symbolic level, investors say Britain’s new government has dealt ...