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Liz Truss
Global Economy
Sunak urges UK Tory unity in face of 'existential threat'
Sunak now faces a daunting task to try to bring that unity to a party that has been through months of upheaval
October 24, 2022
Global Economy
Rishi Sunak announces bid to be UK’s next prime minister
The only other candidate so far is Leader of the Commons, Penny Mordaunt.
October 23, 2022
Global Economy
British PM Liz Truss resigns after tax-cut plan backfires
Her departure leaves the ruling Conservative Party badly damaged, languishing more than 30 points behind Labour in the polls.
October 20, 2022
Global Economy
The rise and fall and rise of Jeremy Hunt
Hunt is a head boy: a dutiful and responsible lad who gets on with the teachers and tries to bring order to the school.
October 20, 2022
Global Economy
UK recession looms after Truss's growth programme backfires
Britain will be paying the price of Truss’s economic experiment for some time.
October 18, 2022
Global Economy
Truss faces whim of markets and mutinous UK MPs in key week
"You no longer hold the confidence of the country or the parliamentary party."
October 17, 2022
Global Economy
Truss must follow Kwarteng out to calm bond markets, Citigroup analysts say
Yields had climbed even after Kwarteng departed and Truss scrapped her plan to freeze corporation tax next year.
October 15, 2022
Global Economy
Truss brings in rival who could steady the ship, or take her job
Under-pressure UK Prime Minister Liz Truss appointed Jeremy Hunt as her new Chancellor of the Exchequer.
October 15, 2022
Global Economy
Truss dumps UK corporation tax freeze plan after firing ally
The humiliating reversal follows three weeks of market turmoil since Sept 23.
October 14, 2022
Global Economy
Kwarteng says Truss asked him to step down as UK chancellor
The news comes after weeks of market turmoil triggered by the massive package of unfunded tax cuts he announced last month.
October 14, 2022