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UK MINI BUDGET
The jinx of No. 10: Why so many British PMs got the boot too soonBritain’s political system has seen repeated early exits of prime ministers over the past decade, with six leaders from David Cameron to Ke...- Britain's revolving door: The fall of six prime ministers in a decade of political upheavalBritain braces for its seventh prime minister in a decade as Keir Starmer resigns, marking another turbulent chapter. Since the 2016 Brexit...
- Governments worldwide shield households from rising energy costsNations globally are taking action to protect citizens from rising energy prices. Countries are introducing subsidies, tax cuts and fuel co...
- Rare scotch prices jump as investors seek havenThe increase in auction sales was mainly driven by bottles priced between £100 and £1,000, with that category seeing values rising 40% and ...
- Pound, gilts pare gains after UK’s Truss confirms resignationSterling traded around 0.3% higher on the day at $1.1252, after rallying by as much as 0.8%. 10-year UK bond yields were 3 basis points low...
- GBP/USD, EUR/GBP, EUR/USD look forward to statement of new UK chancellor. Details hereEUR/GBP continues to trade along the 55-day simple moving average (SMA) at £0.8649 as traders await the statement of new UK's chancellor of...
- UK Chancellor of Exchequer Jeremy Hunt to make emergency statement at House of Commons to stabilize marketThe pound has rallied against the dollar ahead of an emergency statement by newly appointed Chancellor of the Exchequer in the UK Jeremy Hu...
- What did UK's mini-budget include and what has changed?UK's mini-budget has been in the news for a few weeks. Here's the nitty-gritty of the Britain's mini-budget.
- Conservative Party planning to replace UK PM Liz Truss with Rishi Sunak? Here's what reports sayReports suggest rebels want Rishi Sunak to replace Liz Truss as the crisis in the UK grows. A poll suggests that around half of the Conserv...
- UK Foreign Secretary James Cleverly says 'changing PM would be 'a disastrously bad idea', defends Liz TrussPrime Minister Liz Truss faces increasing pressure from her party to abandon sections of her economic strategy. James Cleverly said the PM ...
- Kwasi Kwarteng brings forward UK debt-cutting plan to October 31On Monday morning, the Treasury confirmed that it would be in the public domain on October 31. The publications of OBR forecasts will also ...
- Executives look to raise prices as UK's inflation crisis continuesInflation in the UK continues to rise, with mortgage rates breaching records of 10-14 years. Chancellor Kwarteng is scheduled to meet with ...
- Market will continue to be very nervous of Liz Truss government: Alistair Newton“Prime Minister Liz Truss and Kwasi Kwarteng (the Chancellor of the Exchequer) are in deep trouble within their own party. The party confer...
- Labour Party surges ahead of Tories, PM Liz Truss continues to defend UK mini-budgetThe Labour Party maintained its highest lead since 1998 in all weekly polls. While PM Liz Truss defended the mini-budget, the opposition an...
- Where is Liz Truss? PM is 'missing' as UK descends into chaos after mini-budget, claim Conservative Party MPsSeveral Conservative MPs have openly criticized the new UK Prime Minister Liz Truss for "remaining hidden" during a crisis. Some Tories hav...
- UK unveils 'new era' of tax cuts with mini-budgetThe much-anticipated fiscal event, which had been delayed over the course of the state mourning period for the late Queen Elizabeth II, was...
- Huge boost for self employed as major Tax reform announced by Kwasi Kwarteng in mini Budget. Details hereChancellor of the Exchequer Kwasi Kwarteng has reversed the decision to increase the National Insurance rate by 1.25 per cent and also slas...
- UK government is cutting taxes. Details hereA number of tax cuts have been announced by Chancellor Kwasi Kwarteng, including a 1 per cent drop in the basic income tax rate from 20 per...
- What is the summary of UK mini-Budget 2022? Details hereThe mini-budget looks like it was 'mini' just for the name. There have been cuts in income tax, bankers' bonus cap, stamp duty, and tax on ...
- UK PM Liz Truss plans to cut down stamp duty in mini budgetUK Prime Minister Liz Truss is aiming to cut down stamp duty, which she feels is the rabbit in the mini-budget. The PM is currently in New ...
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