Britain

London shares rose on Monday as new finance minister Jeremy Hunt reversed Prime Minister Liz Truss’s economic plan announced three weeks ago that slammed UK markets and dented investor ...

New chancellor Jeremy Hunt scrapped Prime Minister Liz Truss’s economic plan and scaled back her vast energy subsidy on Monday, launching one of the biggest fiscal policy U-turns in ...

British police are investigating the apparent assault on a protester who was videoed being beaten by several men after being dragged inside the grounds of the Chinese consulate in Manchester ...

British lawmakers will try to oust Prime Minister Liz Truss this week despite Downing Street’s warning that it could trigger a general election, the Daily Mail reported. More than 100 ...

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 ...

Britain’s new finance minister Jeremy Hunt said on Saturday some taxes would go up and tough spending decisions were needed, signalling further reversals from Prime Minister Liz Truss as ...

Two women have been charged with criminal damage after climate change protesters threw soup over Vincent van Gogh’s painting “Sunflowers” at London’s National Gallery, British police said on ...

Robbie Coltrane, the larger-than-life Scottish-born actor who played Hagrid in the Harry Potter films, has died at the age of 72, his agent said on Friday. Coltrane’s more than four-decade-long ...

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 ...

British Prime Minister Liz Truss fired her finance minister Kwasi Kwarteng on Friday and scrapped parts of their economic package in a desperate bid to stay in power and survive ...

Investors piled cash into sterling money-market funds at more than three times their usual rate during the recent turbulence in British bond markets, and pension funds likely made up the ...

Britain’s corporation tax will rise to 25 per cent this April, the Daily Telegraph reported on Friday, in a second humiliating government u-turn on economic policy and amid a report ...

British finance minister Kwasi Kwarteng cut short his trip to Washington for this week’s global finance minister meetings and has headed back to London amid reports Prime Minister Liz ...

Bank of England Governor Andrew Bailey has been unequivocal: the central bank will end emergency support for bonds on Friday. Yet with markets showing few signs of stabilising, the BoE ...

British Prime Minister Liz Truss faced growing pressure on Thursday from lawmakers in her own party to rethink tax-cut plans that sent markets into turmoil, with one ally saying it ...

Britain’s new government said on Wednesday it would not reverse its vast tax cuts or reduce public spending as it sought to stand firm in the face of yet ...

UK pension schemes are racing to raise hundreds of billions of pounds to shore up derivatives positions before the Bank of England calls time on support aimed at keeping them ...

Britain’s economy looks set to go into recession as data showed it unexpectedly shrank in August, underscoring the challenge for Prime Minister Liz Truss to make good on her ...

Britain’s economy shrank by 0.3 per cent in August, hit by weakness in manufacturing and maintenance work in North Sea oil and gas fields, according to official data which underscored ...

British businessman Graham Bonham-Carter was arrested on U.S. charges of conspiring to violate sanctions placed on Russian oligarch Oleg Deripaska, prosecutors said on Tuesday. Bonham-Carter was arrested in the ...

Britain’s King Charles III will be crowned at London’s Westminster Abbey next May in a ceremony set to follow the traditional pageantry used for anointing monarchs over the ...

British shoppers are stocking up on electric blankets, candles and energy-efficient slow cookers as surging gas bills and record food price inflation force millions of people to prepare for a ...

Britain would expect to see indicators that Russia was starting to consider deploying its nuclear arsenal in its war with Ukraine, Britain’s top cyber spy said on Tuesday, repeating ...

The Bank of England acted again on Tuesday to stem a sharp sell off in Britain’s 2.1 trillion-pound ($2.31 trillion) government bond market by announcing the purchase of inflation-linked debt until ...