LIZ TRUSS

The UK prime minister needs to deliver far more than a competent speech to win support from her party and the public.

British Prime Minister Liz Truss on Wednesday that cutting taxes was "the right thing to do morally and economically," doubling down on a series of debt-funded economic reforms that have sparked in-party fighting and market turmoil.

U.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.

Truss is speaking at the annual Conservative Party conference and seeing to shore up her authority after precipitating a financial panic with her new policies.

Britain’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.

Liz Truss should be celebrating her first month as Britain’s prime minister.

Comparisons between the ideology of Liz Truss, who became U.K. prime minister earlier this month, and Ronald Reagan have come thick and fast.

The Conservative Party has always been the party of homeowners. They have reason to be less loyal these days.

The Conservative Party has always been the party of homeowners. They have reason to be less loyal these days.

Investors need to see signs of prudence from the UK’s new government. Reversing a misguided tax plan is a good start.

The PM is facing opposition from some Tory MPs over how the government will pay for its growth plans.

U.K. Treasury Secretary Kwasi Kwarteng abandoned plans to cut the 45% rate of income tax paid on earnings above $167,000 a year.

The U.K. government's reversal on scrapping the top rate of income tax is down to political optics and will not reassure market skittishness, analysts told CNBC Monday.

The tax cut was part of a package of unfunded cuts unveiled only days ago that sent the pound to record lows and was widely seen as politically toxic.

Britain 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.

The British government has dropped plans to cut income tax for top earners.

Growing concerns within the Conservative Party over the PM's tax plans dominate Monday's papers.

Buckingham Palace said that Charles will not appear at next month's conference after reaching an "agreement" with Prime Minister Liz Truss.

Prime Minister Liz Truss made claims on growth, borrowing costs and mortgage rises.

King 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.

British Prime Minister Liz Truss has acknowledged she could have done a better job “laying the ground” for her package of unfunded tax cuts.

Political parties need an ideological compass of sorts, but they must show flexibility in the face of the facts.

U.K. Prime Minister Liz Truss has hit a rocky opening few weeks in the role, with a new economic storm and plummeting poll numbers after an economic pivot.

Trains 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.

Volatile U.S. financial markets are particularly vulnerable right now to foreign shocks.

Federal 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.

Germany on Thursday announced an up to $194 billion program to tackle rising energy prices. But Europe’s response to the crisis has been divided.

At the party's annual conference, its co-leaders will say a new levy would raise around £70bn a year.

Britain’s independent budget watchdog says it would deliver an initial analysis of the government’s economic plan to Treasury officials on Oct. 7.

British Prime Minister Liz Truss and her Finance Minister Kwasi Kwarteng are set to meet the U.K.'s independent monetary watchdog for talks on Friday.

The British government’s economic stimulus plan is designed to help people and businesses by cutting taxes and growing the economy.

Asian 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.

Wall Street closed out a miserable September with a loss of 9.3%, the worst monthly decline since March 2020.

The PM's reaction was keenly awaited after a dramatic week which saw a mini-budget and the pound slump.

The prime minister was asked about her plans during a series of BBC local radio interviews.

Erdogan doubled down on his controversial monetary plan on Thursday, saying that he told central bank decision-makers to continue lowering rates.

Truss said her widely-criticized policies, which caused chaos in U.K. markets, would grow the economy while supporting households with higher bills.

British Prime Minister Liz Truss has defended her economic plan that roiled financial markets, saying she’s willing to make “difficult decisions” to get the economy growing.

The UK’s new prime minister wanted to make a fresh start for the country’s economy — and then hit the ground face first.

This is a self-inflicted crisis at heart, but the scale of the turmoil also makes London look like a canary in the coal mine.

MPs aren’t just worried by the basic conceit at the heart of Kwasi Kwarteng’s mini-budget, but also by the inept way it’s been handled.

Within weeks of entering new prime minister Liz Truss’s government, one economic expert appears to have tanked the British economy.

Prime Minister Liz Truss, who is just three weeks into the job, is trying to change the British economy with bold — some would say risky — actions that have spooked investors.

Britain's spend-and-don't-tax plan has sent the pound into a tailspin, with one noted economist calling it "utterly irresponsible."

The pound hit its lowest level against the dollar since shoulder pads were in fashion. That’s very bad news for clothing stores.

All things considered, it would be better to let markets set prices, but good solutions are hard to find.

Former U.S. Treasury Secretary Larry Summers said there were "hallmark" signs that the U.K.'s credibility had been lost.

The British pound has stabilized as U.K. authorities tried to ease investor concerns after the biggest tax cuts in 50 years sent the currency tumbling to a record low.

Bloomberg Opinion columnists discuss the pound’s slide, and what the Bank of England can do about it.

If Liz Truss’s government is serious about growth and fiscal sustainability, Friday’s “budget” was an odd way of showing it.

Financial markets reacted with alarm to new U.K. Prime Minister Liz Truss' emergency budget measures.

The pound fell as low as $1.0373 Monday, before rallying to above $1.07 in early London trading.

Sterling fell as much as 4.8% to trade below $1.04 in the early hours of Monday morning, extending losses from late last week.

The British currency has taken a plunge, sliding against the U.S. dollar to touch an all-time low.

The debate over the UK’s budget proposal could use fewer adjectives and more numbers.

The ex-England star says "I love what I do" and he doesn't need political office to support Labour.

Britain’s most radical package of tax cuts since 1972, combined with plans for large-scale borrowing, have taken financial markets by surprise and triggered a slump in the pound to a record low. The unorthodox measures are designed to kick-start economic growth. Yet the mini-budget unveiled on Sept. 23 raised fears that it could exacerbate inflation, undermine state finances and even cause a full-scale run on the currency, putting pressure on the central bank to step in.

Britain’s most radical package of tax cuts since 1972, combined with plans for large-scale borrowing, have taken financial markets by surprise and triggered a slump in the pound to a record low. The unorthodox measures are designed to kick-start economic growth. Yet the mini-budget unveiled on Sept. 23 raised fears that it could exacerbate inflation, undermine state finances and even cause a full-scale run on the currency, putting pressure on the central bank to step in.

The first fiscal policy announcement from new British Prime Minister Liz Truss's government has been met with one of the worst market reactions in modern history.

The British pound has fallen to an all-time low against the U.S. dollar after the government pledged a sweeping package of tax cuts that have fueled concerns about its economic policy.

Will taxpayer cash be channeled to hedge fund speculators? Will strings be attached? We don’t know yet.

United Kingdom Prime Minister Liz Truss has continued defending her government cutting taxes to help incentivize economic growth as a recession looms over Europe.

British Prime Minister Liz Truss is seeking a negotiated solution with the European Union to resolve tensions over the Northern Ireland protocol.

This year’s U.N. General Assembly meeting of world leaders comes on the heels of another event that reverberated internationally — the death of Britain’s Queen Elizabeth II

This year’s U.N. General Assembly meeting of world leaders comes on the heels of another event that reverberated internationally — the death of Britain’s Queen Elizabeth II.

The prime minister is following a well-trodden path by breaking with her predecessors. But the tide is already moving in Labour’s direction.

The prime minister is following a well-trodden path by breaking with her predecessors. But the tide is already moving in Labour’s direction.

For something that wasn't even technically a Budget, it was one heck of a statement of intent.

The British pound has went on its biggest one-day drop in 2 1/2 years after the U.K.’s new government outlined plans to cut taxes and boost spending.

Britain’s government has confirmed it is lifting a ban on fracking in England, arguing that the move will help boost the country’s energy security following Russia’s invasion of Ukraine.

The Bank of England has raised its key interest rate by another half-percentage point.

Pubs, restaurants, breweries, retailers and other businesses across the United Kingdom are being pushed to the brink by skyrocketing energy bills.

Now that he's monarch, King Charles III — one of Britain's most prominent environmental voices — will have to be more careful with his words.

British Prime Minister Liz Truss has accused Russian President Vladimir Putin of making “saber-rattling threats” to cover his failed invasion of Ukraine.

Britain’s government says it will cap wholesale energy bills for businesses this winter to ensure companies don’t go bust amid soaring energy prices.

President Joe Biden has declared that Russia has “shamelessly violated the core tenets” of the United Nations charter with its “brutal, needless war” in Ukraine.

British Prime Minister Liz Truss is at the UN on a mission to convince the world that she is a steely leader for tough times.

President Joe Biden is confronting difficult issues as he travels to New York this week for the annual gathering of world leaders at the U.N. General Assembly.

U.K. Prime Minister Liz Truss said Tuesday that she’s ready to make “unpopular decisions” such as boosting bonuses for wealthy bankers in order to get the U.K.’s sluggish economy growing.

British Prime Minister Liz Truss says the death of Queen Elizabeth II is a “very difficult moment” for the country," and dealing with it has been a challenge for her untested new government.

Prime Minister Liz Truss has kicked off her first visit to the United States as Britain’s leader with an admission that a U.

Britain and the world said farewell to Queen Elizabeth II with pomp and pageantry.

American presidents usually make a splash when they travel abroad, holding the spotlight and quickly becoming the center of attention.

U.S. President Joe Biden remembers the crumpets.

World leaders are gathering at the United Nations this week under the shadow of Europe’s first major conflict since World War II.

After two years of virtual and hybrid summits, the world will once again convene in New York this week for the U.N. General Assembly.

President Joe Biden heads to the United Kingdom to pay his respects to Queen Elizabeth II at a time of transition in US-UK relations, as both a new monarch and a new prime minister are settling in.

British Prime Minister Liz Truss took office less than two weeks ago, impatient to set her stamp on government.

Waiting in line to bid farewell to Queen Elizabeth II is a singular event — no matter who you are.

The death of Queen Elizabeth II has triggered a tightly choreographed series of ceremonial and constitutional steps, as Britain undergoes a national mourning and heralds the reign of King Charles III.

Australian Prime Minister Anthony Albanese says it would be “perfectly acceptable” for King Charles III to continue to advocate for climate change action in his new apolitical role as monarch.

Because she reigned and lived for so long, Queen Elizabeth II's death was a reminder that mortality and the march of time are inexorable.

Inflation in the United Kingdom slowed slightly in August as a drop in gasoline and diesel fuel prices gave consumers the first glimmer of hope that Britain’s cost-of-living crisis may be beginning to ease.

Since the death of Queen Elizabeth II, a handful of people in Britain have been detained by police for expressing anti-monarchy views.

Queen Elizabeth II has been likened to the invisible glue holding the United Kingdom together.

In his first visit to Britain’s Parliament as monarch, King Charles III spoke of feeling the “weight of history which surrounds us” and referenced his “medieval predecessors” as he pledged to follow in his late mother Queen Elizabeth II’s footsteps and uphold the principles of constitutional monarchy.

There have been moving and respectful tributes to Queen Elizabeth II as sports resumed in Britain following a nationwide shutdown Friday as a mark of respect for the monarch.

The death of Queen Elizabeth II has triggered a series of carefully structured ceremonial and constitutional steps, as Britain undergoes a period of national mourning and heralds the reign of King Charles III.

The death of Queen Elizabeth II has triggered a series of carefully structured ceremonial and constitutional steps, as Britain undergoes a period of national mourning and heralds the reign of King Charles III.

King Charles III says he feels “profound sorrow” over the death of his mother, Queen Elizabeth II, and vows to carry on her “lifelong service” to the nation.