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 ...
UK shares end higher for third straight day after Hunt’s policy U-turn
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 ...
It’s Britannia unhinged not Britannia Unchained
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 ...
UK’s Truss tries to reassure on economic plan
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 ...
British borrowing costs surge, sterling plunges after new economic plan
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 ...
ANALYSIS-UK tax cuts seen as cold comfort for poorest Britons
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 ...