The immediate antecedents to the multiple crises now gripping the United Kingdom go back years—to the 2008-09 financial crisis, the weakening of the pound sterling, austerity budgets, Brexit, the pa…
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The immediate antecedents to the multiple crises now gripping the United Kingdom go back years—to the 2008-09 financial crisis, the weakening of the pound sterling, austerity budgets, Brexit, the pa…
While Britons get used to their pounds only being worth slightly more than $US1, Australians are enjoying the best exchange rate on the currency since Brexit in 2016.While you might pay more for a big…
Sterling three-month implied volatility surged to 20% on Monday, its highest since just after the Brexit referendum in 2016, signalling markets expect more turbulence.It had plunged as much as 4.85% t…
Finance minister Kwasi Kwarteng, who unveiled a mini-budget on Friday full of tax cuts and very few details on how the government would fund them, doubled down at the weekend on his pledge to cut taxe…
But she has also been in dispute with some traditional allies, especially in Europe and the United States, over post-Brexit trading arrangements with the European Union.Truss said she still wanted a n…
Isabella Tree, who runs the Knepp Estate in Sussex, was supposed to operate one of the government’s flagship landscape recovery schemes.Instead, Department for Environment, Food and Rural Affairs (D…
Liz Truss argued that the eu-inherited Solvency II rules, which specify how much capital insurers must earmark to ensure they can meet future liabilities, are ripe for reform.The Association of Britis…
— Reuters pic Friday, 23 Sep 2022 4:53 AM MYT LONDON, Sept 23 — Britain wants to reach an agreement with the European Union to solve post-Brexit vend to Northern Ireland issues quickly, foreign mi…
On Wednesday, Truss hopes the trip to New York will reinvigorate the so-named exclusive relationship with the United States after ties soured over post-Brexit sell.In a meeting with her Japanese count…
US warns trade deal at hazard over protocol change The UK and EU remain in dispute over the trading arrangements between Great Britain and Northern Ireland, with the UK insisting physical checks on fa…
Liz Truss’s first enormous diplomatic meeting with Biden postponedRead moreA controversial bill proposing to introduce laws that would enable the UK to tear up part of the protocol was tabled by Tru…
British Prime Minister Liz Truss inherits a country reeling from high power prices, inflation, a weakening pound, Brexit’s effects and more.
While there are signs of severe stress in developing economies across the world, developed economies are no safe haven.
UK investors pulled nearly £2bn from equity funds in August surpassing post-Brexit vote record withdrawalsThe previous outflow records were set in mid-2016 following the Brexit voteInfrastructure and…