UK economy
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,...
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...
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...
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...
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...
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...