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...
UK economy
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...
People and power before and after Brexit
By Andonis Vassiliades ‘The flaw in the pluralist heaven is that the heavenly chorus sings with a strong upper-class accent’ (Elmer Eric Schattschneider, The Semisovereign...
Breaking with Conservative past, May proffers her new vision for Britain
Prime Minister Theresa May laid out her vision for post-Brexit Britain on Wednesday, calling for a new approach to government that serves working-class people who...
Sterling falls below $1.27 for first time since 1985
Britain’s pound dipped below $1.27 for the first time since June 1985 on Wednesday, with fears of a ‘hard’ Brexit also pushing the currency to...
Sterling hits 31-year low, dollar strengthens broadly
Sterling slid to its weakest level in more than three decades against a dollar that was trading stronger across the board on Tuesday, hit by...
Brexit helps push central London house prices to biggest fall since 2009
Britain’s vote to quit the European Union helped push down house prices in London’s most expensive areas at their fastest rate in nearly seven years,...
UK economy picks up speed in Q2, helped surge in industrial output
Britain’s economy picked up during a second quarter that concluded with the vote to leave the European Union, helped by the biggest upturn in industrial...
Brexit rewrites UK budget rules as borrowing set for first big rise since 2010
Britain could borrow nearly 65 billion pounds ($85 billion) more than planned in the next couple of years as new finance minister Philip Hammond seeks...
May builds new-look Brexit cabinet to steer EU divorce
New Prime Minister Theresa May ruthlessly overhauled the British cabinet on Thursday, sacking a raft of ministers, promoting loyalists and putting supporters of Britain’s exit...
