INSIDER
Britain's Treasury chief vows to run the economy with 'iron discipline' amid demands for pay raises
Read full article: Britain's Treasury chief vows to run the economy with 'iron discipline' amid demands for pay raisesBritain’s new Treasury chief says she will run the economy with “iron discipline.”.
UK's new government announces legislation for 'national renewal' as Parliament opens with royal pomp
Read full article: UK's new government announces legislation for 'national renewal' as Parliament opens with royal pompBritain’s new Labour Party government has set out its plans for “national renewal,” saying it will calm the country’s febrile politics and ease its cost-of-living crisis.
What we learned from the UK's general election that will shape politics over the coming years
Read full article: What we learned from the UK's general election that will shape politics over the coming yearsThe U.K. has its first change in government in 14 years after the Labour Party won a resounding victory in a general election.
Britain's Rishi Sunak struggles with missteps while trying to lift Conservatives ahead of elections
Read full article: Britain's Rishi Sunak struggles with missteps while trying to lift Conservatives ahead of electionsBritish Prime Minister Rishi Sunak has portrayed himself as thorough and evidence-led throughout his relatively brief political career but there’s always been a nagging question over the keenness of his politcal antenna.
UK Labour leader Keir Starmer says he'll end the era of 'gestures and gimmicks' if he wins power
Read full article: UK Labour leader Keir Starmer says he'll end the era of 'gestures and gimmicks' if he wins powerThe left-of-center politician aiming to become Britain’s prime minister in three weeks’ time is promising to lead a government that’s both “pro-business and pro-worker” and restore stability after years of economic and political turmoil.
UK's glum Conservatives try to shift the mood with a promise of tax cuts as polling day nears
Read full article: UK's glum Conservatives try to shift the mood with a promise of tax cuts as polling day nearsBritish Prime Minister Rishi Sunak has urged voters to throw him a lifeline in the U.K.'s July 4 election, promising to cut taxes and reduce immigration if his Conservative Party is reelected.
UK politicians kick off a 6-week election campaign with incumbent Sunak playing the underdog
Read full article: UK politicians kick off a 6-week election campaign with incumbent Sunak playing the underdogBritain’s political party leaders are crisscrossing the country on the first day of a six-week election campaign.
Britain's Conservative government pushes tax cuts in hopes of bolstering electoral chances
Read full article: Britain's Conservative government pushes tax cuts in hopes of bolstering electoral chancesBritain’s Conservative government has sought to regain the political initiative with a series of tax cuts for businesses and individuals that it hopes will boost its chances in a national election next year that opinion polls suggest it will lose.
Former British Prime Minister Liz Truss has a book coming out next spring
Read full article: Former British Prime Minister Liz Truss has a book coming out next springFormer British Prime Minister Liz Truss has a book coming out next spring, in which she will reflect on her years in government, offer advice for future leaders and recall lessons she learned while often being “the only conservative in the room.”.
The UK's governing Conservatives are braced for a drubbing from voters in 3 special elections
Read full article: The UK's governing Conservatives are braced for a drubbing from voters in 3 special electionsVoters are going to the polls in three electoral districts of England, with the governing Conservative Party braced for a drubbing over a cost-of-living crisis and a morale-sapping string of political scandals.
Former British Prime Minister Liz Truss warns of China threats during Taiwan visit
Read full article: Former British Prime Minister Liz Truss warns of China threats during Taiwan visitFormer British Prime Minister Liz Truss has warned of economic and political threats posed to the West by China during a visit to Taiwan.
UK local elections: Conservatives battered as Labour surges
Read full article: UK local elections: Conservatives battered as Labour surgesBritain’s Conservative Party endured a drubbing in local elections that delivered a warning to Prime Minister Rishi Sunak’s government, and a boost to the opposition, as a national election approaches.
UK holds local elections amid storm over new voter ID rules
Read full article: UK holds local elections amid storm over new voter ID rulesMillions of people in England are voting Thursday in local elections, the first test of electoral opinion since Prime Minister Rishi Sunak took over a fractious and exhausted Conservative Party six months ago.
Ex-UK leader Truss to urge tougher China stance in Tokyo
Read full article: Ex-UK leader Truss to urge tougher China stance in TokyoFormer British Prime Minister Liz Truss will join the former leaders of Australia and Belgium at a conference in Tokyo later this month to call for a tougher international approach to China.
UK voters warm to new leader Sunak, but not to his party
Read full article: UK voters warm to new leader Sunak, but not to his partyIn his first month as Britain's prime minister, Rishi Sunak has stabilized the economy, reassured allies from Washington to Kyiv and even soothed the European Union after years of sparring between Britain and the bloc.
Relief meets fear as UK budget calms economy but brings pain
Read full article: Relief meets fear as UK budget calms economy but brings painBritain’s Conservative government is defending its decision to hike taxes for millions of working people in the “squeezed middle” class as it tries to shore up an economy battered by double-digit inflation.
UK push to restore finances means higher taxes, energy bills
Read full article: UK push to restore finances means higher taxes, energy billsMillions of people across Britain are facing higher taxes and energy bills after the government announced an emergency budget focused on restoring the country’s financial credibility and bolstering an economy battered by soaring inflation.
UK inflation accelerates to 41-year high of 11.1%
Read full article: UK inflation accelerates to 41-year high of 11.1%Britain’s inflation rate rose to a 41-year high in October, fueling demands for the government to do more to ease the nation’s cost-of-living crisis when it releases new tax and spending plans Thursday.
Britain's vulnerable await PM's spending plans with anxiety
Read full article: Britain's vulnerable await PM's spending plans with anxietyMillions are hoping British Prime Minister Rishi Sunak finds money to help them survive a cost-of-living crisis when the government releases its spending plans Thursday.
UK’s self-billed 'Scrooge' promises tax rises, spending cuts
Read full article: UK’s self-billed 'Scrooge' promises tax rises, spending cutsBritain’s Treasury chief, Jeremy Hunt, has warned that a spending crunch and tax increases are on their way as he bids to fill the “black hole” in the country’s finances.
Bank of England makes biggest interest rate hike in 30 years
Read full article: Bank of England makes biggest interest rate hike in 30 yearsThe Bank of England has rolled out its biggest interest rate increase in three decades, saying the move is needed to beat back stubbornly high inflation that's eroding living standards and is likely to trigger a “prolonged” recession.
UK govt under fire for 'wretched' migrant center conditions
Read full article: UK govt under fire for 'wretched' migrant center conditionsBritain’s interior minister is defending the government’s treatment of newly arrived migrants after critics blamed her for the “wretched” conditions endured by thousands of people at an overcrowded center for asylum-seekers.
Russia's Putin says he won't use nuclear weapons in Ukraine
Read full article: Russia's Putin says he won't use nuclear weapons in UkraineRussian President Vladimir Putin has denied having any intentions of using nuclear weapons in Ukraine but described the conflict there as part of alleged efforts by the West to secure its global domination.
British minister tells gay World Cup fans to 'be respectful'
Read full article: British minister tells gay World Cup fans to 'be respectful'British Foreign Secretary James Cleverly is facing criticism after telling gay soccer fans heading to the World Cup in Qatar that they should show some “compromise” and "be respectful of the host nation.”.
Sunak makes Parliament debut as PM, axes more Truss policies
Read full article: Sunak makes Parliament debut as PM, axes more Truss policiesRishi Sunak has faced the opposition in Parliament for the first time as Britain's prime minister, promising to restore economic stability after his predecessor’s tax plans triggered market tumult.
2 images of Britain, taken 7 weeks apart, that speak volumes
Read full article: 2 images of Britain, taken 7 weeks apart, that speak volumesThey are two photos taken exactly seven weeks apart, capturing the traditional and ceremonial rites of the monarch meeting the British prime minister-in-waiting to ask them to form a new government.
EXPLAINER: Why the British public is not choosing its leader
Read full article: EXPLAINER: Why the British public is not choosing its leaderObservers of British politics can be forgiven for scratching their heads in recent weeks as they watch the country reel through a succession of prime ministers without holding an election.
Boris Johnson ends comeback bid — but promises another
Read full article: Boris Johnson ends comeback bid — but promises anotherIn the end, all of Boris Johnson’s bluster couldn’t hide the facts: He didn’t have the votes to win the Conservative Party leadership contest and stage a political comeback just weeks after being forced out as prime minister.
Inflation protests across Europe threaten political turmoil
Read full article: Inflation protests across Europe threaten political turmoilAcross Europe, soaring inflation is behind a wave of protests and strikes that underscores growing discontent with the spiraling cost of living and threatens to unleash political turmoil.
Trailer for new season of ‘The Crown’ is out and we have a lot of feelings
Read full article: Trailer for new season of ‘The Crown’ is out and we have a lot of feelingsOn the same day as British Prime Minister Liz Truss resigned from office after serving for only six weeks, Netflix decided to choose chaos and drop the trailer for the new season of “The Crown.”
EXPLAINER: Why was Truss' tenure so short -- and now what?
Read full article: EXPLAINER: Why was Truss' tenure so short -- and now what?British Prime Minister Liz Truss took office last month with hopes and promises of reinvigorating the British economy and putting it on the path to long-term success.
Sunak, Mordaunt, Johnson? Contenders who could replace Truss
Read full article: Sunak, Mordaunt, Johnson? Contenders who could replace TrussLiz Truss’ resignation as British Prime Minister has triggered another leadership race — the second in just four months — for the U.K.’s fractured and demoralized Conservative Party.
Britain's political turmoil shatters its pragmatic image
Read full article: Britain's political turmoil shatters its pragmatic imageWhen the United Kingdom walked out of the European Union two years ago, Brexit supporters believed that British pragmatism and common sense would not only see them through but would allow their country to flourish as it stood alone.
Truss quits, but UK's political and economic turmoil persist
Read full article: Truss quits, but UK's political and economic turmoil persistBritish Prime Minister Liz Truss quit Thursday after a tumultuous and historically brief term in which her economic policies roiled financial markets and a rebellion in her political party obliterated her authority.
UK inflation accelerates to 40-year high as food prices rise
Read full article: UK inflation accelerates to 40-year high as food prices riseBritish food prices rose at the fastest pace since 1980 last month, driving inflation back to a 40-year high and heaping pressure on the embattled government to balance the books without gutting help for the nation’s poorest residents.
UK Treasury chief in position of power as PM Truss struggles
Read full article: UK Treasury chief in position of power as PM Truss strugglesAs British Prime Minister Liz Truss struggles to retain her authority, one man is seen to be in the real position of power to restore order and credibility to the Conservative government and limit the damage caused by Truss’ economic plans.
New UK Treasury chief insists Truss retains control
Read full article: New UK Treasury chief insists Truss retains controlThe new U.K. Treasury chief has insisted that Prime Minister Liz Truss retains control of her government despite having to roll back her signature economic policies weeks into her premiership.
Biden: Truss plan a 'mistake' amid 'worldwide inflation'
Read full article: Biden: Truss plan a 'mistake' amid 'worldwide inflation'President Joe Biden is calling embattled British Prime Minister Liz Truss’ abandoned tax cut plan a “mistake,” saying he is worried that other nations’ fiscal policies may hurt the U_S_ amid what he calls “worldwide inflation.”.
New UK Treasury chief: Mistakes were made, tax rises coming
Read full article: New UK Treasury chief: Mistakes were made, tax rises comingBritain’s new Treasury chief has acknowledged mistakes made by his predecessor and suggested that he may reverse much of Conservative Prime Minister Liz Truss’ tax-cutting plans, in order to bring stability to the country after weeks of economic and political turbulence.
UK's Truss drops tax cuts, axes Treasury chief amid turmoil
Read full article: UK's Truss drops tax cuts, axes Treasury chief amid turmoilBritish Prime Minister Liz Truss has abandoned a planned cut to corporation tax, scrapping a key part of an economic plan that sparked weeks of market and political turmoil.
UK markets roiled after bank rules out extending help
Read full article: UK markets roiled after bank rules out extending helpBritain’s economy is facing new shocks after the Bank of England ruled out extending an emergency debt-buying plan designed to stabilize financial markets – and the government tried to blame the independent central bank for the U.K.’s economic turmoil.
UK Treasury chief to bring forward fiscal plan publication
Read full article: UK Treasury chief to bring forward fiscal plan publicationBritain’s Treasury chief says he will bring forward the publication of the government’s full fiscal statement after facing widespread criticism for not providing details about a multibillion-pound, tax-cutting stimulus package he announced last month.
UK's Truss stands by 'disruption' agenda despite Tory doubts
Read full article: UK's Truss stands by 'disruption' agenda despite Tory doubtsU.K. Prime Minister Liz Truss has defended her economic plans as she tries to convince her Conservative Party that the pain unleashed by her tax-cutting agenda will be worth it.
UK still backs Rwanda deportations despite legal challenge
Read full article: UK still backs Rwanda deportations despite legal challengeBritain’s immigration minister says people who arrive by unauthorized means should not be allowed to claim asylum in the U.K. Home Secretary Suella Braverman vowed to press on with a contentious plan to send some arriving asylum-seekers on a one-way trip to Rwanda.
UK says Royal Navy ship in North Sea for pipeline protection
Read full article: UK says Royal Navy ship in North Sea for pipeline protectionBritain has sent a Royal Navy ship to patrol the North Sea, as Western allies try to increase protection for undersea pipelines and cables after blasts ruptured two natural gas pipelines in the Baltic Sea.
King Charles III decides not to attend climate summit
Read full article: King Charles III decides not to attend climate summitKing Charles III has decided not to attend the international climate change summit in Egypt next month, fueling speculation that the new monarch will have to rein in his environmental activism now that he has ascended the throne.
UK train strikes and energy hikes add to a week of turmoil
Read full article: UK train strikes and energy hikes add to a week of turmoilTrains in Britain have all but ground to a halt coordinated strikes by rail workers added to a week of turmoil caused by soaring energy prices and unfunded tax cuts that roiled financial markets.
Brainard warns US rates to stay high, notes global impact
Read full article: Brainard warns US rates to stay high, notes global impactFederal Reserve Vice Chair Lael Brainard said Friday that U.S. interest rates will likely have to remain high for an extended period to combat inflation, capping a week of tough rhetoric by Fed officials.
Asian stocks sink on German inflation, British tax cuts
Read full article: Asian stocks sink on German inflation, British tax cutsAsian stocks have sunk again after German inflation spiked higher, British Prime Minister Liz Truss defended a tax-cut plan that rattled investors and Chinese manufacturing weakened.