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  • BREAKING NEWS

BREAKING NEWS

Former Supreme Court Justice David Souter, a Republican who became a liberal darling, has died

LIZ TRUSS


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Freak sell-off of ā€˜safe haven’ US bonds raises fear that confidence in America is fading

Read full article: Freak sell-off of ā€˜safe haven’ US bonds raises fear that confidence in America is fading

The upheaval in stocks has been grabbing all the headlines, but there is a bigger problem looming in another corner of the financial markets that rarely gets headlines: Investors are dumping U.S. government bonds.

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British lawmakers give initial approval to a bill to allow terminally ill adults to end their lives

Read full article: British lawmakers give initial approval to a bill to allow terminally ill adults to end their lives

British lawmakers have given initial approval to a bill that would help terminally ill adults end their lives in England and Wales.

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Bill to legalize assisted dying in England and Wales faces heated parliamentary debate

Read full article: Bill to legalize assisted dying in England and Wales faces heated parliamentary debate

British lawmakers are expected to vote on a law proposed to help terminally ill adults end their lives.

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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 raises

Britain’s new Treasury chief says she will run the economy with ā€œiron discipline.ā€.

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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 pomp

Britain’s new Labour Party government has set out its plans for ā€œnational renewal,ā€ saying it will calm the country’s febrile politics and ease its cost-of-living crisis.

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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 years

The U.K. has its first change in government in 14 years after the Labour Party won a resounding victory in a general election.

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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 elections

British 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.

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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 power

The left-of-center politician aiming to become Britain’s prime minister in three weeks’ time is promising to lead a government that’s both ā€œpro-business and pro-workerā€ and restore stability after years of economic and political turmoil.

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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 nears

British 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.

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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 underdog

Britain’s political party leaders are crisscrossing the country on the first day of a six-week election campaign.

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What we learned from local votes ahead of looming UK general election

Read full article: What we learned from local votes ahead of looming UK general election

Millions of voters in England have voted in local elections, the last big test before a looming U.K. general election.

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What is at stake in UK local voting ahead of a looming general election

Read full article: What is at stake in UK local voting ahead of a looming general election

Millions of voters in England and Wales have cast their ballots in an array of local elections.

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What does King Charles III actually do as Britain's head of state?

Read full article: What does King Charles III actually do as Britain's head of state?

The news of King Charles III’s cancer diagnosis has refocused attention on the responsibilities of Britain’s monarch.

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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 chances

Britain’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.

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UK Treasury chief signals tax cuts and a squeeze on welfare benefits are on the way

Read full article: UK Treasury chief signals tax cuts and a squeeze on welfare benefits are on the way

U.K. Treasury chief Jeremy Hunt says the government can afford to lower some taxes now that inflation is falling.

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Britain's Treasury chief raises the minimum wage but angers some colleagues by ruling out tax cuts

Read full article: Britain's Treasury chief raises the minimum wage but angers some colleagues by ruling out tax cuts

Britain’s Treasury chief is announcing a hike in the national minimum wage.

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Rishi Sunak needs to rally his flagging Conservatives. He hopes a dash of populism will do the trick

Read full article: Rishi Sunak needs to rally his flagging Conservatives. He hopes a dash of populism will do the trick

Britain's governing Conservative Party is gathering for its annual conference.

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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 spring

Former 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 ā€œthe only conservative in the room.ā€.

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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 elections

Voters 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.

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UK’s governing Conservatives face a reckoning with voters in 3 special elections

Read full article: UK’s governing Conservatives face a reckoning with voters in 3 special elections

British Prime Minister Rishi Sunak's Conservative Party faces a trio of unwanted verdicts from voters this week.

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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 visit

Former British Prime Minister Liz Truss has warned of economic and political threats posed to the West by China during a visit to Taiwan.

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UK local elections: Conservatives battered as Labour surges

Read full article: UK local elections: Conservatives battered as Labour surges

Britain’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.

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UK holds local elections amid storm over new voter ID rules

Read full article: UK holds local elections amid storm over new voter ID rules

Millions 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.

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UK, France mend ties, leaders agree to tackle Channel boats

Read full article: UK, France mend ties, leaders agree to tackle Channel boats

U.K. Prime Minister Rishi Sunak and French President Emmanuel Macron have agreed to step up efforts to tackle Channel migrant crossings.

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It wasn’t me: Ex-UK PM Truss blames 'system' for her failure

Read full article: It wasn’t me: Ex-UK PM Truss blames 'system' for her failure

Former British Prime Minister Liz Truss says her failure wasn’t her fault.

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Ex-UK leader Truss to urge tougher China stance in Tokyo

Read full article: Ex-UK leader Truss to urge tougher China stance in Tokyo

Former 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.

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Sunak marks 100 days as UK prime minister as problems mount

Read full article: Sunak marks 100 days as UK prime minister as problems mount

U.K. Prime Minister Rishi Sunak is marking 100 days in office.

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UK Treasury chief: Tax cuts must wait for inflation to fall

Read full article: UK Treasury chief: Tax cuts must wait for inflation to fall

Britain’s Treasury chief says taming inflation is more important than cutting taxes.

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UK leader Sunak makes first visit to Scotland as PM

Read full article: UK leader Sunak makes first visit to Scotland as PM

U.K. Prime Minister Rishi Sunak is expected to highlight the benefits of remaining in the U.K. when he meets with the Scottish leader during his first visit to Scotland since taking office.

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Eyeing power, UK Labour Party vows to abolish House of Lords

Read full article: Eyeing power, UK Labour Party vows to abolish House of Lords

Britain’s opposition Labour Party says it will replace Parliament’s unelected upper house with an elected chamber if it wins government.

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UK opposition wins special election in blow to Sunak's party

Read full article: UK opposition wins special election in blow to Sunak's party

Britain’s opposition Labour Party has handily won a special election for a northwest England seat in Parliament.

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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 party

In 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.

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Relief meets fear as UK budget calms economy but brings pain

Read full article: Relief meets fear as UK budget calms economy but brings pain

Britain’s Conservative government is defending its decision to hike taxes for millions of working people in the ā€œsqueezed middleā€ class as it tries to shore up an economy battered by double-digit inflation.

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UK push to restore finances means higher taxes, energy bills

Read full article: UK push to restore finances means higher taxes, energy bills

Millions of British people face higher taxes and steeper energy bills after the government announced an emergency budget aimed at restoring the government’s economic credibility and shoring up the battered public finances.

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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.

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Britain's vulnerable await PM's spending plans with anxiety

Read full article: Britain's vulnerable await PM's spending plans with anxiety

Millions 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.

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G-20 to condemn Russia's Ukraine invasion, urge an end

Read full article: G-20 to condemn Russia's Ukraine invasion, urge an end

Leaders of the world's largest economies appear ready to send a strong message to Russia condemning its invasion of Ukraine.

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UK’s self-billed 'Scrooge' promises tax rises, spending cuts

Read full article: UK’s self-billed 'Scrooge' promises tax rises, spending cuts

Britain’s Treasury chief, Jeremy Hunt, has warned that a spending crunch and tax increases are on their way as he bids to fill the ā€œblack holeā€ in the country’s finances.

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UK economy shrinks as economists warn of more pain to come

Read full article: UK economy shrinks as economists warn of more pain to come

Statistics show that Britain’s economy shrank in the three months to September, and forecasters are warning of many months of contraction to come.

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Rishi Sunak seeks thawed relations at UK-Ireland summit

Read full article: Rishi Sunak seeks thawed relations at UK-Ireland summit

Prime Minister Rishi Sunak is aiming to repair frayed relations with Britain’s European Union neighbors and with skeptical leaders in Scotland and Wales.

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Senior member of UK PM resigns amid bullying allegations

Read full article: Senior member of UK PM resigns amid bullying allegations

A senior member of British Prime Minister Rishi Sunak’s government has resigned after mounting allegations that he bullied colleagues.

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At global summits, Biden aims to assert America's leadership

Read full article: At global summits, Biden aims to assert America's leadership

President Joe Biden will aim to assert America’s global leadership during his upcoming visit to Southeast Asia for meetings with world leaders.

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Prison-like center puts focus on UK's response to migrants

Read full article: Prison-like center puts focus on UK's response to migrants

Behind wire fences in southeast England, children wave their arms and chant ā€œfreedomā€ to grab the attention of people on the other side.

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Bank of England makes biggest interest rate hike in 30 years

Read full article: Bank of England makes biggest interest rate hike in 30 years

The 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 ā€œprolongedā€ recession.

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UK govt under fire for 'wretched' migrant center conditions

Read full article: UK govt under fire for 'wretched' migrant center conditions

Britain’s interior minister is defending the government’s treatment of newly arrived migrants after critics blamed her for the ā€œwretchedā€ conditions endured by thousands of people at an overcrowded center for asylum-seekers.

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UK politicians demand probe into Liz Truss phone hack claim

Read full article: UK politicians demand probe into Liz Truss phone hack claim

The British government insisted Sunday it has robust cybersecurity for government officials.

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UK says new PM Rishi Sunak won't go to UN climate conference

Read full article: UK says new PM Rishi Sunak won't go to UN climate conference

The British government says new Prime Minister Rishi Sunak will not attend the major United Nations climate conference next month.

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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 Ukraine

Russian 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.

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Brexit crisis pushes N Ireland to brink of new election

Read full article: Brexit crisis pushes N Ireland to brink of new election

The Northern Ireland Assembly has failed to elect a speaker, setting the stage for an unwanted early election.

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Europe sees fastest pace of rate hikes since euro launched

Read full article: Europe sees fastest pace of rate hikes since euro launched

The European Central Bank has made another outsized interest rate hike aimed at squelching out-of-control inflation, moving at the fastest pace in the euro currency’s history.

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Is UK leader Rishi Sunak too rich to rule in tough times?

Read full article: Is UK leader Rishi Sunak too rich to rule in tough times?

As he makes tough decisions to stem Britain’s economic crisis, Prime Minister Rishi Sunak says he will ā€œalways protect the most vulnerable.ā€.

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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 ā€œcompromiseā€ and "be respectful of the host nation.ā€.

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UK Treasury chief delays detailing new economic plans

Read full article: UK Treasury chief delays detailing new economic plans

UK Treasury Chief Jeremy Hunt has delayed his much-anticipated economic statement until Nov. 17.

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Sunak makes Parliament debut as PM, axes more Truss policies

Read full article: Sunak makes Parliament debut as PM, axes more Truss policies

Rishi 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.

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2 images of Britain, taken 7 weeks apart, that speak volumes

Read full article: 2 images of Britain, taken 7 weeks apart, that speak volumes

They 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.

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Sunak takes over as UK prime minister amid economic crisis

Read full article: Sunak takes over as UK prime minister amid economic crisis

Rishi Sunak has become Britain’s third prime minister this year.

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EXPLAINER: Why the British public is not choosing its leader

Read full article: EXPLAINER: Why the British public is not choosing its leader

Observers 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.

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Boris Johnson ends comeback bid — but promises another

Read full article: Boris Johnson ends comeback bid — but promises another

In 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.

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Rishi Sunak: UK's ex-Treasury chief gets his shot at PM job

Read full article: Rishi Sunak: UK's ex-Treasury chief gets his shot at PM job

Rishi Sunak ran for Britain’s top job and lost.

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Rishi Sunak, UK's next PM, faces major economic problems

Read full article: Rishi Sunak, UK's next PM, faces major economic problems

Former Treasury chief Rishi Sunak is set to become Britain’s first prime minister of color after being chosen to lead the governing Conservative Party.

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Asian shares mostly higher, tracking Wall Street advance

Read full article: Asian shares mostly higher, tracking Wall Street advance

Shares are mostly higher in Asia after stocks shook off an early bout of unsettled trading and ended higher on Wall Street.

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Boris Johnson drops out of race to be next UK prime minister

Read full article: Boris Johnson drops out of race to be next UK prime minister

Former British Prime Minister Boris Johnson says he will not run to lead the Conservative Party, ending intense speculation about a comeback.

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Johnson returns to UK amid rumors he will run for leader

Read full article: Johnson returns to UK amid rumors he will run for leader

Former Prime Minister Boris Johnson has returned to Britain ahead of a possible tilt at reclaiming his former job.

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Inflation protests across Europe threaten political turmoil

Read full article: Inflation protests across Europe threaten political turmoil

Across 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.

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Trailer for new season of ā€˜The Crown’ is out and we have a lot of feelings

Read full article: Trailer for new season of ā€˜The Crown’ is out and we have a lot of feelings

On 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 ā€œThe Crown.ā€

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New UK leader to face highest government debt in 60 years

Read full article: New UK leader to face highest government debt in 60 years

British government debt rose to the highest level in almost 60 years last month and retail sales slumped.

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Boris Johnson, ousted by scandal, eyes comeback as UK leader

Read full article: Boris Johnson, ousted by scandal, eyes comeback as UK leader

Several British lawmakers are jockeying to become the country’s next leader following the implosion of Liz Truss’ historically short-lived government.

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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.

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Sunak, Mordaunt, Johnson? Contenders who could replace Truss

Read full article: Sunak, Mordaunt, Johnson? Contenders who could replace Truss

Liz 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.

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Britain's political turmoil shatters its pragmatic image

Read full article: Britain's political turmoil shatters its pragmatic image

When 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.

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Truss quits, but UK's political and economic turmoil persist

Read full article: Truss quits, but UK's political and economic turmoil persist

British 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.

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Asian shares mixed as investors keep eyes on inflation

Read full article: Asian shares mixed as investors keep eyes on inflation

Asian shares are mostly lower in muted trading as investors keep an eye on inflation.

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UK PM Truss vows to stay, but is on brink as minister quits

Read full article: UK PM Truss vows to stay, but is on brink as minister quits

The government of British Prime Minister Liz Truss is teetering on the verge of collapse, just hours after she vowed to keep governing.

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Liz Truss' waning power brings political plots, and jokes

Read full article: Liz Truss' waning power brings political plots, and jokes

This has not been a good week for Liz Truss.

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UK Treasury chief in position of power as PM Truss struggles

Read full article: UK Treasury chief in position of power as PM Truss struggles

As 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.

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UK leader in peril after Treasury chief axes 'Trussonomics'

Read full article: UK leader in peril after Treasury chief axes 'Trussonomics'

New U.K. Treasury chief Jeremy Hunt has reversed most of an economic package announced by the government just weeks ago, including a planned cut in income taxes.

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UK leader Liz Truss goes from triumph to trouble in 6 weeks

Read full article: UK leader Liz Truss goes from triumph to trouble in 6 weeks

British Prime Minister Liz Truss has only been in office for six weeks.

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New UK Treasury chief insists Truss retains control

Read full article: New UK Treasury chief insists Truss retains control

The 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.

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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 ā€œmistake,ā€ saying he is worried that other nations’ fiscal policies may hurt the U_S_ amid what he calls ā€œworldwide inflation.ā€.

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New UK Treasury chief: Mistakes were made, tax rises coming

Read full article: New UK Treasury chief: Mistakes were made, tax rises coming

Britain’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.

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UK's Truss drops tax cuts, axes Treasury chief amid turmoil

Read full article: UK's Truss drops tax cuts, axes Treasury chief amid turmoil

British 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.

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Despite turmoil, UK Treasury chief says economic plan stays

Read full article: Despite turmoil, UK Treasury chief says economic plan stays

Britain’s Treasury chief has rejected suggestions that the Conservative government would reverse course on economic plans that have roiled financial markets.

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EXPLAINER: What caused UK's economic crisis and what's next?

Read full article: EXPLAINER: What caused UK's economic crisis and what's next?

Prime Minister Liz Truss took office last month promising to rebuild the British economy and put the nation a path to ā€œlong-term success.ā€.

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UK markets roiled after bank rules out extending help

Read full article: UK markets roiled after bank rules out extending help

Britain’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.

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UK Treasury chief to publish forecasts sooner amid turmoil

Read full article: UK Treasury chief to publish forecasts sooner amid turmoil

Britain’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.

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Shaken UK Conservatives seek unity after Truss' rocky start

Read full article: Shaken UK Conservatives seek unity after Truss' rocky start

U.K. government ministers are imploring Conservative colleagues to rally behind Prime Minister Liz Truss after a disastrous start to her premiership.

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Liverpool to host 2023 Eurovision Song Contest for Ukraine

Read full article: Liverpool to host 2023 Eurovision Song Contest for Ukraine

The 2023 Eurovision Song Contest will be staged in the English city of Liverpool.

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UK, Ireland signal new hope of deal to end Brexit trade feud

Read full article: UK, Ireland signal new hope of deal to end Brexit trade feud

Britain and Ireland have hailed a new spirit of compromise in a grinding feud over post-Brexit trade rules.

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Macron at Europe's center stage with new summit initiative

Read full article: Macron at Europe's center stage with new summit initiative

French President Emmanuel Macron and over 40 European leaders have sought to show the unity of the continent faced with Russia’s invasion of Ukraine.

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With division at home, UK's Truss seeks to thaw EU relations

Read full article: With division at home, UK's Truss seeks to thaw EU relations

After an acrimonious divorce and years of bickering, Britain’s government looks like it wants to make up with the European Union.

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UK's Truss stands by 'disruption' agenda despite Tory doubts

Read full article: UK's Truss stands by 'disruption' agenda despite Tory doubts

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.

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UK still backs Rwanda deportations despite legal challenge

Read full article: UK still backs Rwanda deportations despite legal challenge

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.

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UK's Truss faces Conservative dissent amid policy U-turns

Read full article: UK's Truss faces Conservative dissent amid policy U-turns

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

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UK says Royal Navy ship in North Sea for pipeline protection

Read full article: UK says Royal Navy ship in North Sea for pipeline protection

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.

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UK scraps tax cut for wealthy that sparked market turmoil

Read full article: UK scraps tax cut for wealthy that sparked market turmoil

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

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King Charles III decides not to attend climate summit

Read full article: King Charles III decides not to attend climate summit

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.

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UK's Truss sticks by economic plan as her party worries

Read full article: UK's Truss sticks by economic plan as her party worries

British Prime Minister Liz Truss has acknowledged she could have done a better job ā€œlaying the groundā€ for her package of unfunded tax cuts.

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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 turmoil

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.

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Brainard warns US rates to stay high, notes global impact

Read full article: Brainard warns US rates to stay high, notes global impact

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.

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UK's budget watchdog promises initial analysis next week

Read full article: UK's budget watchdog promises initial analysis next week

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

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