UK

The new UK Chancellor of the Exchequer, Jeremy Hunt, has said more taxes are going up, and UK government spending won't rise as much as some people want. With this, Hunt tries to reassure the financial markets about the budget…
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UK Chancellor of the Exchequer Kwasi Kwarteng has interrupted his visit to Washington to return to London amid turmoil over UK tax plans. The pressure on Prime Minister Liz Truss's new government to abolish the announced tax cuts, which…
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Britain's waiting list for routine surgeries has set a new record with seven million patients. This is evident from figures from the British national health service NHS on Thursday. However, according to the British public…
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For the critical Schiphol user easyJet, finding another airport to replace the chaos-plagued Dutch airport is not an option. So CEO Johan Lundgren says he is putting a lot of pressure on the Schiphol board to counteract new capacity…
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The United Kingdom has been facing significant inflation since the year began. Even now, prices continue to rise, with energy and fuel becoming 42% more expensive in July. Overall, the cost of living has been climbing, but it is projected…
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Claims by British Prime Minister Liz Truss and Chancellor of the Exchequer Kwasi Karteng are wrong. That says the Bank of England in a letter to the British House of Commons. The Truss administration claimed that a downturn in UK…
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British Prime Minister Liz Truss and Chancellor of the Exchequer Kwasi Kwarteng will meet with the independent British budget watchdog on Friday. The UK government is committed to reassuring financial markets after days of chaos…
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The central bank of the United Kingdom intervenes in the bond market to bring down the sharply increased yields on British government bonds. It has rapidly become more expensive for the British government to borrow amid concerns…
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