The return of bond vigilantes Published 14 May, 2026 05:59am Bond markets are beginning to sound like they have finally run out of patience. British long-dated gilt yields...
UK’s Reeves to test faith of investors and party with tax-heavy budget Published 26 Nov, 2025 11:30am Economists expect between 20-30 billion pounds of tax hikes when she addresses parliament at about 1230 GMT
Ex-prime minister Liz Truss loses seat at UK election Published 05 Jul, 2024 01:43pm LONDON: Liz Truss, Britain’s shortest-serving prime minister, suffered further political ignominy Friday when she...
Britons start voting in election expected to propel Labour to power Published 04 Jul, 2024 01:40pm LONDON: Britons began voting on Thursday in a parliamentary election that is expected to bring Keir Starmer’s Labour...
Sterling bulls take a breather, for now Published 27 Feb, 2024 12:22pm LONDON: Speculators have trimmed their bullish positions in the pound for the first time in eight weeks, suggesting...
Undeterred ex-PM Truss to launch new UK Tory grouping Published 06 Feb, 2024 01:04pm LONDON: Liz Truss may have flopped as UK prime minister, but she remains on the political stage, this week launching...
UK opposition Labour says power ‘within our grasp’ Published 10 Oct, 2023 06:19am LIVERPOOL: Britain’s main opposition Labour Party said at its annual conference on Monday that power was ...
UK’s Sunak eyes election as ruling Tories meet Published 28 Sep, 2023 11:30am LONDON: Britain’s ruling Conservatives gather this weekend for their annual conference, with Prime Minister Rishi...
Pound’s mini-budget dip made UK’s Brexit bill dearer Published 01 Aug, 2023 11:42am LONDON: Sterling’s drop at the time of former Prime Minister Liz Truss’s failed budget plans meant the British...
India, UK still far apart on free trade deal Published 19 May, 2023 11:05am NEW DELHI: India and Britain are struggling to make progress in free trade talks due to differences on some key...
UK’s Sunak faces first date with voters Published 04 May, 2023 11:33am LONDON: Prime Minister Rishi Sunak’s Conservatives are braced for heavy losses in their first major electoral test...
UK PM Sunak faces first test of comeback credentials in local polls Published 28 Apr, 2023 12:17pm SWINDON: Rishi Sunak faces his first big electoral test as British prime minister next week in local polls where the...
UK’s Hunt says his budget will get more people into work Published 12 Mar, 2023 04:24pm LONDON: British finance minister Jeremy Hunt said he would use this week’s budget plan to remove barriers, including...
Liz Truss blames economic ‘orthodoxy’ for downfall Published 06 Feb, 2023 06:36am LONDON: Former British prime minister Liz Truss blamed on Sunday the economic “orthodoxy” in the country’s...
UK's shortest-serving PM Liz Truss blames economic 'orthodoxy' for downfall Updated 05 Feb, 2023 05:35pm LONDON: Former British prime minister Liz Truss blamed on Sunday the economic “orthodoxy” in the country’s finance...
Strikes, ‘sleaze’, stability: Sunak marks 100 days as UK PM Published 31 Jan, 2023 06:01am On reaching 100 days in 10 Downing Street this week, Rishi Sunak will double the duration of Liz Truss’s brutally...
UK PM fires Conservative chairman after tax probe: govt Published 29 Jan, 2023 03:06pm LONDON: British Prime Minister Rishi Sunak on Sunday fired Conservative party chairman Nadhim Zahawi after an...
UK’s Hunt pledges to boost growth but won’t budge on tax hikes Published 27 Jan, 2023 02:09pm LONDON: British finance minister Jeremy Hunt will promise on Friday to tackle the country’s weak productivity with...
UK public finances worsen, as OECD warns on outlook Published 23 Nov, 2022 05:55am LONDON: UK state borrowing jumped last month, official data showed Tuesday, as the government cushions consumers ...
Britain warns tax hikes coming after Truss fiasco Published 14 Nov, 2022 07:01am LONDON: The UK government on Sunday warned of impending tax hikes, especially for the wealthy, as it bids to repair...
UK warns of budget pain to come this week Published 13 Nov, 2022 02:49pm LONDON: Britain’s government on Sunday warned of impending tax hikes, especially for the wealthy, as it bids to...
Britain’s ex-finance minister Kwarteng told Truss to ‘slow down’ tax cuts Published 11 Nov, 2022 11:01am LONDON: Britain’s former finance minister in Liz Truss’s short-lived government said in an interview Thursday he had...
UK's new PM touts migrant cooperation after Macron meet Published 07 Nov, 2022 10:50pm SHARM EL SHEIKH: Britain's new prime minister Rishi Sunak on Monday vowed imminent action on cross-Channel migrants...
‘Mini-budget’ fallout hits UK house prices in October Published 07 Nov, 2022 01:26pm LONDON: British house prices fell in October at the fastest monthly rate since February 2021, a fresh sign of...
UK's Johnson to attend COP27 summit in Egypt Published 01 Nov, 2022 11:21pm LONDON: Britain's former prime minister Boris Johnson on Tuesday said he will go to the upcoming UN climate change...
UK PM faces growing pressure over reappointed interior minister Published 30 Oct, 2022 04:12pm LONDON: British Prime Minister Rishi Sunak faced growing pressure Sunday after reappointing interior minister Suella...
Russia’s war on Ukraine latest news: Moscow pulls out of grain deal Published 30 Oct, 2022 01:24pm Russia pulled out of a key United Nations-brokered Black Sea grain deal, provoking international outrage and dealing...
Putin blasts West, says world faces most dangerous decade since WW2 Published 27 Oct, 2022 11:16pm LONDON: President Vladimir Putin said on Thursday that the world faced the most dangerous decade since World War Two...
UK’s crunch budget plan postponed till Nov 17: PM’s office Published 26 Oct, 2022 04:05pm LONDON: The UK’s eagerly-awaited budget plan has been postponed until November 17, the office of new Prime Minister...
Rishi Sunak appointed crisis-hit UK's first prime minister of colour Updated 25 Oct, 2022 07:44pm LONDON: Rishi Sunak on Tuesday became Britain’s third prime minister this year and the first person of colour to...