Trends - Liz Truss - Business Recorder

Markets

UK’s Reeves to test faith of investors and party with tax-heavy budget

Economists expect between 20-30 billion pounds of tax hikes when she addresses parliament at about 1230 GMT

Published 26 Nov, 2025 11:30am

World

Ex-prime minister Liz Truss loses seat at UK election

LONDON: Liz Truss, Britain’s shortest-serving prime minister, suffered further political ignominy Friday when she...

Published 05 Jul, 2024 01:43pm

World

Britons start voting in election expected to propel Labour to power

LONDON: Britons began voting on Thursday in a parliamentary election that is expected to bring Keir Starmer’s Labour...

Published 04 Jul, 2024 01:40pm

Markets

Sterling bulls take a breather, for now

LONDON: Speculators have trimmed their bullish positions in the pound for the first time in eight weeks, suggesting...

Published 27 Feb, 2024 12:22pm

World

Undeterred ex-PM Truss to launch new UK Tory grouping

LONDON: Liz Truss may have flopped as UK prime minister, but she remains on the political stage, this week launching...

Published 06 Feb, 2024 01:04pm

Print

UK opposition Labour says power ‘within our grasp’

LIVERPOOL: Britain’s main opposition Labour Party said at its annual conference on Monday that power was ...

Published 10 Oct, 2023 06:19am

World

UK’s Sunak eyes election as ruling Tories meet

LONDON: Britain’s ruling Conservatives gather this weekend for their annual conference, with Prime Minister Rishi...

Published 28 Sep, 2023 11:30am

Markets

Pound’s mini-budget dip made UK’s Brexit bill dearer

LONDON: Sterling’s drop at the time of former Prime Minister Liz Truss’s failed budget plans meant the British...

Published 01 Aug, 2023 11:42am

Business & Finance

India, UK still far apart on free trade deal

NEW DELHI: India and Britain are struggling to make progress in free trade talks due to differences on some key...

Published 19 May, 2023 11:05am

World

UK’s Sunak faces first date with voters

LONDON: Prime Minister Rishi Sunak’s Conservatives are braced for heavy losses in their first major electoral test...

Published 04 May, 2023 11:33am

World

UK PM Sunak faces first test of comeback credentials in local polls

SWINDON: Rishi Sunak faces his first big electoral test as British prime minister next week in local polls where the...

Published 28 Apr, 2023 12:17pm

World

UK’s Hunt says his budget will get more people into work

LONDON: British finance minister Jeremy Hunt said he would use this week’s budget plan to remove barriers, including...

Published 12 Mar, 2023 04:24pm

Print

Liz Truss blames economic ‘orthodoxy’ for downfall

LONDON: Former British prime minister Liz Truss blamed on Sunday the economic “orthodoxy” in the country’s...

Published 06 Feb, 2023 06:36am

World

UK's shortest-serving PM Liz Truss blames economic 'orthodoxy' for downfall

LONDON: Former British prime minister Liz Truss blamed on Sunday the economic “orthodoxy” in the country’s finance...

Updated 05 Feb, 2023 05:35pm

Print

Strikes, ‘sleaze’, stability: Sunak marks 100 days as UK PM

On reaching 100 days in 10 Downing Street this week, Rishi Sunak will double the duration of Liz Truss’s brutally...

Published 31 Jan, 2023 06:01am

World

UK PM fires Conservative chairman after tax probe: govt

LONDON: British Prime Minister Rishi Sunak on Sunday fired Conservative party chairman Nadhim Zahawi after an...

Published 29 Jan, 2023 03:06pm

World

UK’s Hunt pledges to boost growth but won’t budge on tax hikes

LONDON: British finance minister Jeremy Hunt will promise on Friday to tackle the country’s weak productivity with...

Published 27 Jan, 2023 02:09pm

Print

UK public finances worsen, as OECD warns on outlook

LONDON: UK state borrowing jumped last month, official data showed Tuesday, as the government cushions consumers ...

Published 23 Nov, 2022 05:55am

Business & Finance

Britain warns tax hikes coming after Truss fiasco

LONDON: The UK government on Sunday warned of impending tax hikes, especially for the wealthy, as it bids to repair...

Published 14 Nov, 2022 07:01am

Business & Finance

UK warns of budget pain to come this week

LONDON: Britain’s government on Sunday warned of impending tax hikes, especially for the wealthy, as it bids to...

Published 13 Nov, 2022 02:49pm

World

Britain’s ex-finance minister Kwarteng told Truss to ‘slow down’ tax cuts

LONDON: Britain’s former finance minister in Liz Truss’s short-lived government said in an interview Thursday he had...

Published 11 Nov, 2022 11:01am

World

UK's new PM touts migrant cooperation after Macron meet

SHARM EL SHEIKH: Britain's new prime minister Rishi Sunak on Monday vowed imminent action on cross-Channel migrants...

Published 07 Nov, 2022 10:50pm

Business & Finance

‘Mini-budget’ fallout hits UK house prices in October

LONDON: British house prices fell in October at the fastest monthly rate since February 2021, a fresh sign of...

Published 07 Nov, 2022 01:26pm

World

UK's Johnson to attend COP27 summit in Egypt

LONDON: Britain's former prime minister Boris Johnson on Tuesday said he will go to the upcoming UN climate change...

Published 01 Nov, 2022 11:21pm

World

UK PM faces growing pressure over reappointed interior minister

LONDON: British Prime Minister Rishi Sunak faced growing pressure Sunday after reappointing interior minister Suella...

Published 30 Oct, 2022 04:12pm

World

Russia’s war on Ukraine latest news: Moscow pulls out of grain deal

Russia pulled out of a key United Nations-brokered Black Sea grain deal, provoking international outrage and dealing...

Published 30 Oct, 2022 01:24pm

World

Putin blasts West, says world faces most dangerous decade since WW2

LONDON: President Vladimir Putin said on Thursday that the world faced the most dangerous decade since World War Two...

Published 27 Oct, 2022 11:16pm

World

UK’s crunch budget plan postponed till Nov 17: PM’s office

LONDON: The UK’s eagerly-awaited budget plan has been postponed until November 17, the office of new Prime Minister...

Published 26 Oct, 2022 04:05pm

World

Rishi Sunak appointed crisis-hit UK's first prime minister of colour

LONDON: Rishi Sunak on Tuesday became Britain’s third prime minister this year and the first person of colour to...

Updated 25 Oct, 2022 07:44pm

Markets

Sterling rises as Sunak victory in PM race offsets economic gloom

LONDON: The pound rose broadly on Tuesday, boosted by a degree of investor relief after Rishi Sunak won the race to...

Published 25 Oct, 2022 01:47pm