Britain

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 ...

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. ...

Scores of suspected German football fans attacked customers at a London pub ahead of England’s 3-3 Nations League draw with Germany on Monday, injuring several people, three seriously, police ...

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 ...

Anne Bailey, University of Oxford On Friday, September 16 2022, the day the queue to see Queen Elizabeth II lying in state in Westminster Hall first reached its ten-mile capacity and had ...

Asking prices for British homes advertised rose solidly this month and last week’s cut to property purchase tax announced by finance minister Kwasi Kwarteng could fuel demand further, property ...

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 ...

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 ...

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 ...

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 ...

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 ...

Low-income Britons will see few benefits from the historic tax cuts announced by the country’s new finance minister on Friday, union leaders and anti-poverty campaigners said, warning that the ...

Britain’s main opposition Labour Party criticised the Conservative government’s economic plans on Friday, describing the new prime minister and finance minister as “two desperate gamblers in a casino” ...

Hilary Mantel, the best-selling British author of the award-winning “Wolf Hall” Tudor trilogy, died peacefully on Thursday at the age of 70, her publisher said on Friday. “Wolf Hall”, published in 2009, ...

Britain’s new finance minister Kwasi Kwarteng unleashed historic tax cuts and huge increases in borrowing on Friday in an economic agenda that floored financial markets, with sterling and British ...

Britain wants to reach an agreement with the European Union to solve post-Brexit trade to Northern Ireland issues quickly, foreign minister James Cleverly said on Thursday, suggesting a softer approach ...

A total of 2,198 football-related arrests were made in the 2021-22 season in England and Wales, the highest number since the 2013-14 season, a report by the Home Office said on ...

The Bank of England raised its key interest rate to 2.25% from 1.75% on Thursday and said it would continue to “respond forcefully, as necessary” to inflation, despite the economy probably already ...