Skip to content
ReportWire

Breaking News & Top Current Stories – Latest US News and News from Around the World

Tag: Kwasi Kwarteng

The specter of Liz Truss still haunts Britain

The specter of Liz Truss still haunts Britain

September 6, 2023September 6, 2023 · Politics

LONDON — A year is a long time in politics — but the reverberations of the surreal fall of 2022 are still being felt across the U.K. Wednesday marks…

Read more The specter of Liz Truss still haunts Britain
So Rishi Sunak is the UK’s next prime minister. What happens now?

So Rishi Sunak is the UK’s next prime minister. What happens now?

October 24, 2022October 24, 2022 · Politics

LONDON — It took one bruising campaign defeat and six weeks of exile — but on Tuesday, Rishi Sunak will finally become U.K. prime minister. He faces the…

Read more So Rishi Sunak is the UK’s next prime minister. What happens now?
The Brexit cult that blew up Britain

The Brexit cult that blew up Britain

October 20, 2022October 21, 2022 · Politics

Press play to listen to this article LONDON — It was a revolution 11 long years in the making. For a small but vocal band of right-wing libertarians,…

Read more The Brexit cult that blew up Britain
‘Beaten by a lettuce’: 44 glorious days of Liz Truss

‘Beaten by a lettuce’: 44 glorious days of Liz Truss

October 20, 2022October 24, 2022 · Politics

Press play to listen to this article LONDON — Westminster is in turmoil, the U.K. economy is floundering, and Tory MPs are about to pick their fifth prime…

Read more ‘Beaten by a lettuce’: 44 glorious days of Liz Truss
Family Offices Could Teach UK Banks A Thing Or Two About Uncapped Bonuses

Family Offices Could Teach UK Banks A Thing Or Two About Uncapped Bonuses

October 18, 2022October 18, 2022 · Business

The move was proposed by former chancellor Kwasi Kwarteng in a bid to make London more attractive … [+] for global banks and for workers amid what is…

Read more Family Offices Could Teach UK Banks A Thing Or Two About Uncapped Bonuses
Liz Truss apologizes to UK as she tries to keep troubled premiership on track

Liz Truss apologizes to UK as she tries to keep troubled premiership on track

October 17, 2022October 17, 2022 · Politics

LONDON — Is it too late now to say sorry? After weeks of market turmoil and countless U-turns, British Prime Minister Liz Truss apologized late Monday for what…

Read more Liz Truss apologizes to UK as she tries to keep troubled premiership on track
Liz Truss’ new chancellor signals he could junk more of her economic plan

Liz Truss’ new chancellor signals he could junk more of her economic plan

October 16, 2022October 16, 2022 · Politics

LONDON — Jeremy Hunt, the man brought in to save Liz Truss’ floundering premiership and calm spooked markets, is “not taking anything off the table” when it comes…

Read more Liz Truss’ new chancellor signals he could junk more of her economic plan
Joe Biden brands Liz Truss’ shelved tax-cut plan a ‘mistake’

Joe Biden brands Liz Truss’ shelved tax-cut plan a ‘mistake’

October 16, 2022October 16, 2022 · Politics

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 lack of “sound policy in…

Read more Joe Biden brands Liz Truss’ shelved tax-cut plan a ‘mistake’
Furious Tories conclude that Liz Truss is finished

Furious Tories conclude that Liz Truss is finished

October 14, 2022October 14, 2022 · Politics

Press play to listen to this article LONDON — In six short weeks, Liz Truss has succeeded in angering all wings of her party. Most now agree she…

Read more Furious Tories conclude that Liz Truss is finished
UK’s Liz Truss fires Chancellor Kwasi Kwarteng in a bid to save her premiership

UK’s Liz Truss fires Chancellor Kwasi Kwarteng in a bid to save her premiership

October 14, 2022October 14, 2022 · Politics

Press play to listen to this article LONDON — British Prime Minister Liz Truss has fired her finance minister, Kwasi Kwarteng, as she fights to hang on as…

Read more UK’s Liz Truss fires Chancellor Kwasi Kwarteng in a bid to save her premiership
Truss’ jittery Tories blame Bank chief over market meltdown

Truss’ jittery Tories blame Bank chief over market meltdown

October 12, 2022October 13, 2022 · Politics

Press play to listen to this article As Britain’s central bank boss, tasked with managing inflation and setting interest rates, Andrew Bailey likes targets. Now he is one.…

Read more Truss’ jittery Tories blame Bank chief over market meltdown
Liz Truss panics as markets keep plunging

Liz Truss panics as markets keep plunging

October 11, 2022October 12, 2022 · Politics

Press play to listen to this article LONDON — Try as she might, Liz Truss just can’t calm the markets. Despite reversing her plan to cut tax for…

Read more Liz Truss panics as markets keep plunging
Liz Truss has U-turned. Will it be enough?

Liz Truss has U-turned. Will it be enough?

October 3, 2022October 3, 2022 · Politics

BIRMINGHAM, England — So in the end, Liz Truss was for turning. But the damage to her faltering administration may already have been done. On Monday, Truss’ Chancellor…

Read more Liz Truss has U-turned. Will it be enough?
UK Scraps Tax Cut For Wealthy That Sparked Market Turmoil

UK Scraps Tax Cut For Wealthy That Sparked Market Turmoil

October 3, 2022October 3, 2022 · US News

BIRMINGHAM, England (AP) — The British government on Monday dropped plans to cut income tax for top earners, part of a package of unfunded cuts unveiled only days…

Read more UK Scraps Tax Cut For Wealthy That Sparked Market Turmoil
© 2026 . All rights reserved.