Politics
The specter of Liz Truss still haunts Britain
[ad_1] LONDON — A year is a long time in politics — but the reverberations of the surreal fall of 2022 are still being felt…
Tag: Kwasi Kwarteng
Politics
So Rishi Sunak is the UK’s next prime minister. What happens now?
[ad_1] LONDON — It took one bruising campaign defeat and six weeks of exile — but on Tuesday, Rishi Sunak will finally become U.K.…
Politics
The Brexit cult that blew up Britain
[ad_1] Press play to listen to this article LONDON — It was a revolution 11 long years in the making. For a small but…
Politics
‘Beaten by a lettuce’: 44 glorious days of Liz Truss
[ad_1] Press play to listen to this article LONDON — Westminster is in turmoil, the U.K. economy is floundering, and Tory MPs are about…
Business
Family Offices Could Teach UK Banks A Thing Or Two About Uncapped Bonuses
[ad_1] The move was proposed by former chancellor Kwasi Kwarteng in a bid to make London more attractive … [+] for global banks and…
Politics
Liz Truss apologizes to UK as she tries to keep troubled premiership on track
[ad_1] LONDON — Is it too late now to say sorry? After weeks of market turmoil and countless U-turns, British Prime Minister Liz Truss…
Politics
Liz Truss’ new chancellor signals he could junk more of her economic plan
[ad_1] LONDON — Jeremy Hunt, the man brought in to save Liz Truss’ floundering premiership and calm spooked markets, is “not taking anything off…
Politics
Joe Biden brands Liz Truss’ shelved tax-cut plan a ‘mistake’
[ad_1] U.S. President Joe Biden laid into beleaguered U.K. Prime Minister Liz Truss’ tax-cutting agenda Saturday, calling it a “mistake” and warning that a…
Politics
Furious Tories conclude that Liz Truss is finished
[ad_1] Press play to listen to this article LONDON — In six short weeks, Liz Truss has succeeded in angering all wings of her…
Politics
UK’s Liz Truss fires Chancellor Kwasi Kwarteng in a bid to save her premiership
[ad_1] Press play to listen to this article LONDON — British Prime Minister Liz Truss has fired her finance minister, Kwasi Kwarteng, as she…
Politics
Truss’ jittery Tories blame Bank chief over market meltdown
[ad_1] Press play to listen to this article As Britain’s central bank boss, tasked with managing inflation and setting interest rates, Andrew Bailey likes…
Politics
Liz Truss panics as markets keep plunging
[ad_1] Press play to listen to this article LONDON — Try as she might, Liz Truss just can’t calm the markets. Despite reversing her…
Politics
Liz Truss has U-turned. Will it be enough?
[ad_1] BIRMINGHAM, England — So in the end, Liz Truss was for turning. But the damage to her faltering administration may already have been…
US News
UK Scraps Tax Cut For Wealthy That Sparked Market Turmoil
[ad_1] BIRMINGHAM, England (AP) — The British government on Monday dropped plans to cut income tax for top earners, part of a package of…