UK

The United Kingdom is in a recession. That told Treasury Secretary Jeremy Hunt on Thursday when he presented his budget. According to the economic outlook, the British economy will shrink by 1.4 percent in 2023. However, according…
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Former British Health Secretary Matt Hancock surfaced these suddenly on the reality show I'm a Celebrity… Get Me Out of Here!' But the participation of the minister, who resigned for violating Covid rules and was also accused of emotional…
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Amazon is said to have violated British competition law and thus cost consumers. The case was brought by a group of lawyers and is led by Julie Hunter, a consumer rights activist. Hunter argues that the products sold on…
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Britain's King Charles asked Rishi Sunak to form a new government on Tuesday afternoon. The Conservative politician accepted his commission and was subsequently appointed Prime Minister. After Liz Truss announced her resignation…
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British Prime Minister Liz Truss was confronted for the first time with difficult questions in parliament on Wednesday after the chaos of recent days. “I'm a fighter, not a quitter,” she snapped. “I have made it clear that I am…
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The Bank of England will likely further delay the planned sale of billions of British government bonds. The central bank wants to ensure more stability in the bond markets after the turmoil caused by the failed budget plans of the new Prime…
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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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