UK stocks close higher as Rishi Sunak looks set to be next PM
Britain’s main equity indexes closed higher on Monday as Rishi Sunak looked set to become the next prime minister after other candidates quit the race, offering investors some relief ...
Rishi Sunak faces a very different economy to the one he left as chancellor
As the incoming UK prime minister, Rishi Sunak has the immediate advantage of perceived success in his two years as chancellor.
His tenure ended last July when he resigned due ...
Swift rise to PM, but some doubt Rishi Sunak can win UK elections
Elected for the first time to parliament in 2015, Rishi Sunak became Britain’s youngest prime minister in more than 200 years on Monday, tasked with steering the country through an economic ...
Sunak favourite to be UK PM after Johnson drops comeback bid
Rishi Sunak looked set to become Britain’s next prime minister after Boris Johnson withdrew from the contest on Sunday, saying that although he had enough support to make the ...
Deutsche Bank investment bank job cuts to include staff in Britain -source
The dozens of staff to be cut at Deutsche Bank’s (DBKGn.DE) investment bank include staff based in Britain, a person with knowledge of the matter said on Friday.
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Rishi Sunak: I am standing to be British prime minister
Britain’s former finance minister Rishi Sunak confirmed on Sunday he was standing to replace Liz Truss as prime minister.
“The United Kingdom is a great country but we face ...
Boris Johnson pulls out of UK Conservative leadership race
Former prime minister Boris Johnson pulled out of the contest to become Britain’s next leader on Sunday, saying he had the support of enough lawmakers to progress to the ...
Boris the menace: wipe-out or landslide
The Conservative party’s collective nervous breakdown began with Brexit
By Alper Ali Riza
Boris Johnson is the ultimate Come Back Kid. Hasta La Vista Baby indeed! Who would have ...
Boris Johnson arrives back in Britain to attempt rapid political comeback
Boris Johnson arrived back in Britain on Saturday as he considers an audacious attempt to win a second term as prime minister only weeks after he was forced to step ...
Race to be next UK PM begins as momentum grows behind Boris Johnson (Updated)
Four senior ministers on Friday threw their weight behind Boris Johnson to return as British prime minister, after Liz Truss’s resignation triggered a contest to quickly replace her as ...
Prescient or traitor? Rishi Sunak is the favourite to be next UK PM
To some Conservatives, Rishi Sunak is the minister who got Britain through the COVID pandemic, to others the traitor who knifed Boris Johnson or the rival to Liz Truss who ...
Russia says outgoing PM Truss was a ‘catastrophically illiterate’ disgrace
Russia’s foreign ministry on Thursday welcomed the departure of British Prime Minister Liz Truss, saying she was a disgrace of a leader who would be remembered for her “catastrophic ...
Truss resigns after six weeks as UK prime minister (Updated)
Liz Truss quit on Thursday after the shortest, most chaotic tenure of any British prime minister, forced out after her economic programme shattered the country’s reputation for financial stability ...
Child sex abuse in Britain is epidemic, inquiry says
Child sex abuse is epidemic in Britain, affecting millions of victims, and those who work with young people should be prosecuted if they fail to report it, a seven-year public ...
Women turn to sex work to survive UK cost-of-living crisis
Online sex worker Martha blames Britain’s cost-of-living crisis for her dwindling earnings – partly due to increased competition as soaring household bills push more women to sell sex.
“People are ...
UK PM Truss clings to power as chaos in Westminster deepens
British Prime Minister Liz Truss battled to retain her grip on power on Thursday, a day after a second top minister quit and rowing and jostling broke out among her ...
Morning Bid: Truss drama deepens
Britain’s political drama keeps getting more and more interesting.
The abrupt resignation of Britain’s interior minister Suella Braverman, who criticised Liz Truss, reflects the continued erosion of the ...
UK stocks fall as inflation returns to 40-year high; banks under pressure
UK stock indexes closed lower on Wednesday after data showed consumer prices returned to a 40-year high in September, while banking stocks were hit by reports of windfall taxes.
The ...
Braverman quits as UK interior minister with criticism of Truss
Britain’s interior minister quit on Wednesday with a thinly-veiled criticism of Prime Minister Liz Truss, who is battling to reassert her authority as lawmakers from her own party openly ...
Man United’s Greenwood granted bail after private hearing
Manchester United soccer player Mason Greenwood has been released on bail on Wednesday following a private hearing after he was charged with attempted rape, controlling behaviour and assault.
The 21-year-old ...
‘Fighter’ Truss mocked in parliament as PM defends her record
British Prime Minister Liz Truss’s insistence that she would not quit after sparking a financial crisis was met with howls of laughter, incredulity and shouts of “resign, resign” as ...
Glencore delivers Russian-origin aluminium into LME system
Commodity trader Glencore has delivered significant amounts of Russian-origin aluminium to London Metal Exchange registered warehouses in Gwangyang, South Korea, two sources with direct knowledge of the matter said on ...
UK summons Chinese envoy over protester beaten at consulate
Britain summoned China’s Charge d’Affaires on Tuesday to explain an incident in which a Hong Kong pro-democracy protester was seen being pulled into the grounds of the Chinese ...
Ryanair boss blames Brexit for UK economic ‘car crash’
Ryanair boss Michael O’Leary on Tuesday described the economic situation in Britain as a “car crash” caused by the country’s vote to leave the European Union in 2016.
“The ...