• Thu. Jun 13th, 2024

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  • Chancellor dashes home early from US amid tax U-turn chaos

Chancellor dashes home early from US amid tax U-turn chaos

Kwarteng has dramatically cut short his visit to the International Monetary Fund, flying home early from Washington in response to the mounting political crisis over his tax-cutting budget. Adding to…

More than 100,000 people have signed a government petition calling for an immediate general election

More than 100,000 people have signed a government petition calling for an immediate general election “to end the chaos of the current government”. The number of signatures means the threshold…

U.S. wants to persuade Liz Truss to abandon tax cuts

The Biden administration is alarmed over the market turmoil triggered by the new UK government’s economic program and is seeking ways to encourage Prime Minister Liz Truss’s team to dial…

Liz Truss justifies the chancellor’s risky moves amid likely crisis

The Labour leader, Sir Keir Starmer, has called for the recall of parliament to address the financial crisis. He urged the government to abandon the mini-budget measures which triggered the…