FundsJeremy Hunt: New UK finance minister Jeremy Hunt warns some taxes will rise in sign of new U-turnOctober 15, 2022152Britain's new finance minister Jeremy Hunt said on Saturday that some taxes will have to go up, signalling another abrupt...
EconomyUK leader Truss under pressure to ditch economic planOctober 13, 2022126LONDON -- A senior member of the U.K. government on Thursday rejected suggestions that Prime Minister Liz Truss should step...
MortgagesWhy a housing crash scares Britain like nothing else – POLITICOSeptember 28, 2022126“I can't think of anything worse for Conservative economic competence than to be responsible for everybody's mortgage bills going up...
CurrenciesWhen was the last time the pound crashed? A brief historySeptember 27, 202232The last time the British pound flirted with dollar parity, Margaret Thatcher was prime minister.Over the past four decades, the...
CurrenciesBritish pound crashes to record low — in 6 charts – POLITICOSeptember 26, 2022112The currency markets reacted to new U.K. Chancellor Kwasi Kwarteng's mini-budget on Friday with a rapid sell-off of sterling, leading...
CurrenciesThe British pound has taken a tumble. What’s the impact?September 26, 2022111LONDON (AP) — The pound is taking a pounding. The British currency has taken a plunge, sliding against the U.S....