Goldman revised its 2023 UK economic output forecast to a 1% contraction from an earlier forecast for a 0.4% output drop, with core inflati...

But few were prepared for the scale of the sound and fury -- least of all Truss herself. In just six weeks, the prime minister's libertaria...

In a hurried news conference shortly after dismissing Kwarteng, Truss said the corporation tax rate would increase, abandoning her plan to ...

A chastened Truss addressed her first news conference as prime minister to admit she had gone "further and faster" than markets expected an...

Downing Street confirmed that Truss, in power for only 37 days, would hold a press conference later on Friday after Kwarteng was forced to ...

Market turmoil sparked by the September 23 budget has led to speculation that Truss and Chancellor Kwasi Kwarteng are set to announce a new...

Despite having warned that the chancellor's mini-budget will cause prices to rise, the International Monetary Fund (IMF) has intensified it...

“Prime Minister Liz Truss and Kwasi Kwarteng (the Chancellor of the Exchequer) are in deep trouble within their own party. The party confer...

Kwasi Kwarteng announced reductions in the top 45% rate of income tax, and national insurance, including a stamp duty discount for new home...

UK Chancellor Kwasi Kwarteng declared they would reverse the National Insurance hike from November to April. The tax cut will enable 28 mil...

The pound fell more than 1% against the dollar to 1.1351, its lowest since 1985, its fall accelerating once it passed through the then 37-y...

Speaking during her first session of prime minister's questions in the House of Commons, Truss rebuffed opposition calls for a new windfall...

Downing Street has refused to say where Prime Minister Boris Johnson is holidaying for a belated honeymoon with wife Carrie this week, but ...

The government in London said UK businesses supply 10 percent of Russia's imports in the services sector and that the UK has now sanctioned...

But ministers remain opposed to reintroducing any curbs, arguing the situation is still far better than earlier this year and the country i...

Wholesale gas prices have increased 400% this year in Europe, partly due to low stocks and strong demand from Asia, putting particular pres...

"I think our focus has to be to try and keep Britain safe, we want to work cooperatively as well with other countries but the main priority...