UK’s Truss sacrifices her finance minister LONDON: British Prime Minister Liz Truss fired her finance minister Kwasi Kwarteng on Friday and scrapped parts of... Updated 15 Oct, 2022 09:41am
World UK PM Liz Truss's news conference after finance minister sacked LONDON: British Prime Minister Liz Truss fired her finance minister Kwasi Kwarteng on Friday and scrapped parts of... Updated 14 Oct, 2022 08:16pm
World UK’s Truss has fired Kwarteng LONDON: British Prime Minister Liz Truss fired her finance minister Kwasi Kwarteng on Friday, the BBC reported,... Published 14 Oct, 2022 05:44pm
Business & Finance UK borrowing costs hit 20-year high as BoE sticks by bond deadline LONDON: British government borrowing costs surged again on Wednesday after Bank of England Governor Andrew Bailey... Published 13 Oct, 2022 05:59am
Business & Finance Dollar gains as US stocks drop NEW YORK: The dollar rebounded across the board on Wednesday as recent risk-on sentiment reversed and US stocks... Published 06 Oct, 2022 05:59am
Markets UK PM Truss says it is right for BoE to set interest rates independently BIRMINGHAM: British Prime Minister Liz Truss said on Wednesday it was right for the Bank of England to set interest... Published 05 Oct, 2022 03:39pm
World UK’s Truss forced into U-turn on tax after week of market turmoil BIRMINGHAM, (England): British Prime Minister Liz Truss was forced on Monday into a humiliating U-turn after less... Published 04 Oct, 2022 05:55am
Business & Finance UK drops tax cut for top earners in budget U-turn LONDON: Britain on Monday scrapped plans to axe its top income tax rate just 10 days after a debt-driven budget... Published 03 Oct, 2022 12:15pm
World UK’s Truss tries to reassure on economic plan BIRMINGHAM: British Prime Minister Liz Truss tried to reassure her party and the public on Sunday by saying she... Published 03 Oct, 2022 07:35am
Print King Charles won’t attend COP27 after Truss ‘objected’ LONDON: King Charles III will not travel to next month’s United Nations climate summit in Egypt, Buckingham Palace... Published 03 Oct, 2022 05:52am
World UK's Kwarteng favours outsider to run finance ministry, newspapers say LONDON: New British finance minister Kwasi Kwarteng plans to name a civil servant who is a Treasury outsider to run... Published 02 Oct, 2022 11:14pm
World British PM Truss tells allies to stand firm on Ukraine LONDON: British Prime Minister Liz Truss said allies should stand firm on Ukraine and ignore Russian President... Published 25 Sep, 2022 08:46pm
Opinion Britain’s new vision leaves onlookers with nightmares Britain’s new economic agenda represents the biggest gamble for growth in a major Western democracy in at least 40... Updated 25 Sep, 2022 06:47am
Business & Finance Britain unveils anti-inflation budget as recession looms LONDON: The UK’s new government unveils Friday multibillion-pound measures aimed at supporting households and... Published 23 Sep, 2022 09:58am
World UK’s new PM veers away from Biden’s economic script at UN UNITED NATIONS: Britain’s new Prime Minister Liz Truss was Wednesday to outline an economic rescue programme... Published 21 Sep, 2022 03:19pm
World UK’s new PM vows billions in Ukraine aid, admits US trade talks off LONDON: Britain’s new Prime Minister Liz Truss on Tuesday vowed billions more in financial and military aid to... Published 21 Sep, 2022 05:57am
World Queen Elizabeth's coffin lowered into vault ahead of private burial WINDSOR: Queen Elizabeth’s coffin was lowered into a vault at Windsor Castle, her final resting place, on Monday... Updated 20 Sep, 2022 12:31am
World Timeline of Queen Elizabeth II’s death LONDON: Here is a timeline of Queen Elizabeth II’s death, including her final days and the aftermath of her passing... Published 19 Sep, 2022 11:02am
World British PM Truss won’t meet Biden in Downing Street on Sunday LONDON: British Prime Minister Liz Truss will hold a full bilateral meeting with Joe Biden at the United Nations... Published 17 Sep, 2022 08:52pm
Print Bankers wary of backlash if Britain ditches bonus cap to cut EU ties LONDON: Scrapping a cap on banker bonuses would be the strongest signal yet that Britain’s new Prime Minister ... Published 16 Sep, 2022 06:04am
Business & Finance UK public inflation expectations at record high for coming year LONDON: The British public expect inflation over the coming year to be 4.9%, up from 4.6% in May and the highest... Published 15 Sep, 2022 01:54pm
World UK PM mourns 'second Elizabethan age' after queen's death LONDON: UK Prime Minister Liz Truss, only two days into the job, addressed the nation Thursday from the steps of 10... Published 09 Sep, 2022 12:33am
World Queen Elizabeth’s health: Reaction from politicians and officials Family members rushed to be by the side of Queen Elizabeth on Thursday after doctors said they were concerned about... Published 08 Sep, 2022 07:12pm
Markets UK’s FTSE 100 falls as weak oil drags on commodity-linked stocks Energy and mining stocks fall Rio Tinto to face US lawsuit Published 08 Sep, 2022 05:43am
Business & Finance Sterling plunges to weakest vs the dollar since 1985 LONDON: Britain’s battered pound fell to its lowest level against the US dollar since 1985 on Wednesday, lurching... Published 08 Sep, 2022 05:43am
World New UK leader Liz Truss finalizes huge power subsidy plan LONDON: Britain's new Prime Minister Liz Truss on Wednesday readied the final details of a plan to tackle soaring... Published 07 Sep, 2022 11:55pm
World Putin says Truss election as British leader ‘far from democratic’ VLADIVOSTOK: Russian President Vladimir Putin said on Wednesday that the way Britain chooses its leaders was “far... Published 07 Sep, 2022 02:02pm
World UK’s Truss, Biden agree need to protect N.Irish peace in 1st call LONDON: UK Prime Minister Liz Truss and US President Joe Biden “agreed on the importance of protecting” peace in... Published 07 Sep, 2022 08:34am
World New UK PM vows to ride out economic storm with new-look top team LONDON: Liz Truss on Tuesday unveiled her new top team as she formally took over from Boris Johnson as UK prime... Published 07 Sep, 2022 04:13am
Business & Finance Sterling shows signs of life LONDON: Sterling lifted on Tuesday as media reports offered new details on how incoming Prime Minister Liz Truss is... Published 07 Sep, 2022 04:13am