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Sunak marks 100 days as UK prime minister as problems mountIt's a daunting situation for Sunak, who on Thursday marks 100 days in office, more than twice the number of his ill-fated predecessor, Liz...- UK PM Liz Truss 'sorry' for economic 'mistakes' but vows to stay on"I do want to accept responsibility and say sorry for the mistakes that have been made... we went too far and too fast," Liz Truss told the...
- UK axes 'almost all' budget tax cuts in humiliation for Prime Minister Liz TrussTax reductions financed via huge borrowing were the centrepiece of last month's ill-fated budget. Truss had already staged two embarrassing...
- UK brings forward fiscal measures after budget turmoilMonday's measures "will support fiscal sustainability", the Treasury added, after last month's notorious mini-budget had sent bond yields s...
- Experiments stumble in UK economy that recently fell below India'sMany economists, including at the International Monetary Fund, have condemned the government’s plans as misguided at a time of high inflati...
- Economic storm tests UK's new leader, alarms ConservativesThe Bank of England stepped in to buy up government bonds in an attempt to stabilise the cost of borrowing after the government said last w...
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