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  • BREAKING NEWS

BREAKING NEWS

Trump to speak about U.S. steel deal at West Mifflin plant in Pennsylvania

JEREMY HUNT


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Britain's Treasury chief vows to run the economy with 'iron discipline' amid demands for pay raises

Read full article: Britain's Treasury chief vows to run the economy with 'iron discipline' amid demands for pay raises

Britain’s new Treasury chief says she will run the economy with “iron discipline.”.

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UK inflation falls by more than expected in February, triggering talk of lower interest rates

Read full article: UK inflation falls by more than expected in February, triggering talk of lower interest rates

Price rises in the U.K. eased more than anticipated in February, raising expectations that the Bank of England may start cutting interest rates in the next few months.

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Britain's Conservative government announces tax cuts it hopes can lift its ailing election fortunes

Read full article: Britain's Conservative government announces tax cuts it hopes can lift its ailing election fortunes

British Treasury chief Jeremy Hunt is seeking to bolster spirits within his Conservative Party with a series of tax cuts that he hopes can turn the political tide ahead of a general election this year.

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UK fell into recession at the end of 2023 as economy takes center stage in runup to general election

Read full article: UK fell into recession at the end of 2023 as economy takes center stage in runup to general election

The British economy fell into recession at the end of 2023 as output shrank more than anticipated in the final three months of the year.

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Britain's Conservative government warned against tax cuts by IMF economist

Read full article: Britain's Conservative government warned against tax cuts by IMF economist

The International Monetary Fund’s chief economist has advised the U.K. government to avoid further tax cuts amid expectations Prime Minister Rishi Sunak’s battered administration will do just that to win over voters in an election year.

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Nissan will invest $1.4 billion to make EV versions of its best-selling cars at its UK factory

Read full article: Nissan will invest $1.4 billion to make EV versions of its best-selling cars at its UK factory

Nissan will invest $1.4 billion to update its factory in northeast England to make electric versions of its two best-selling cars.

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Britain's Conservative government pushes tax cuts in hopes of bolstering electoral chances

Read full article: Britain's Conservative government pushes tax cuts in hopes of bolstering electoral chances

Britain’s Conservative government has sought to regain the political initiative with a series of tax cuts for businesses and individuals that it hopes will boost its chances in a national election next year that opinion polls suggest it will lose.

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UK Treasury chief signals tax cuts and a squeeze on welfare benefits are on the way

Read full article: UK Treasury chief signals tax cuts and a squeeze on welfare benefits are on the way

U.K. Treasury chief Jeremy Hunt says the government can afford to lower some taxes now that inflation is falling.

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British economy flatlines in third quarter of the year, update shows ahead of budget statement

Read full article: British economy flatlines in third quarter of the year, update shows ahead of budget statement

The British economy flatlined in the third quarter of the year.

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Britain's Treasury chief raises the minimum wage but angers some colleagues by ruling out tax cuts

Read full article: Britain's Treasury chief raises the minimum wage but angers some colleagues by ruling out tax cuts

Britain’s Treasury chief has announced a hike in the national minimum wage.

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Around 3,000 jobs at risk at UK's biggest steelworks despite government-backed package of support

Read full article: Around 3,000 jobs at risk at UK's biggest steelworks despite government-backed package of support

Around 3,000 workers at Britain’s biggest steelworks face the prospect of losing their jobs as part of a government-backed package to make the plant “greener.”.

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UK's Treasury chief accepts that recession may be necessary to get inflation down

Read full article: UK's Treasury chief accepts that recession may be necessary to get inflation down

Britain’s Treasury chief says he would be prepared to see the British economy slip back into recession if further interest rate hikes are necessary to bring down inflation.

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Witnesses suspect drug deal led to shooting of man in downtown Jacksonville

Read full article: Witnesses suspect drug deal led to shooting of man in downtown Jacksonville

Multiple witnesses allege that the death of a man found shot behind a dumpster in Downtown Jacksonville was a result of a drug deal gone awry.

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UK Treasury chief predicts no recession in Britain this year

Read full article: UK Treasury chief predicts no recession in Britain this year

U.K. Treasury chief Jeremy Hunt has predicted the country will not enter technical recession this year.

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Government races to reassure US that banking system is safe

Read full article: Government races to reassure US that banking system is safe

Depositors withdrew savings, and investors broadly sold off bank shares as the federal government raced to reassure Americans that the banking system is secure following two bank failures.

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Ukraine tensions flare at G-20 finance meetings in India

Read full article: Ukraine tensions flare at G-20 finance meetings in India

Tensions over Russia's war on Ukraine have flared at meetings of finance ministers and central bank chiefs in India.

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UK Treasury chief: Tax cuts must wait for inflation to fall

Read full article: UK Treasury chief: Tax cuts must wait for inflation to fall

Britain’s Treasury chief says taming inflation is more important than cutting taxes.

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UK to ease financial regulations in post-Brexit shakeup

Read full article: UK to ease financial regulations in post-Brexit shakeup

Britain is easing banking rules brought in after the 2008 global financial crisis in a bid to attract investment and secure London’s status as Europe’s leading finance center.

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As British voters cool on Brexit, UK softens tone towards EU

Read full article: As British voters cool on Brexit, UK softens tone towards EU

The British government is denying a report that it is seeking a “Swiss-style” relationship with the European Union that would remove many of the economic barriers erected by Brexit.

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Relief meets fear as UK budget calms economy but brings pain

Read full article: Relief meets fear as UK budget calms economy but brings pain

Britain’s Conservative government is defending its decision to hike taxes for millions of working people in the “squeezed middle” class as it tries to shore up an economy battered by double-digit inflation.

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UK push to restore finances means higher taxes, energy bills

Read full article: UK push to restore finances means higher taxes, energy bills

Millions of British people face higher taxes and steeper energy bills after the government announced an emergency budget aimed at restoring the government’s economic credibility and shoring up the battered public finances.

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UK inflation accelerates to 41-year high of 11.1%

Read full article: UK inflation accelerates to 41-year high of 11.1%

Britain’s inflation rate rose to a 41-year high in October, fueling demands for the government to do more to ease the nation’s cost-of-living crisis when it releases new tax and spending plans Thursday.

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Britain's vulnerable await PM's spending plans with anxiety

Read full article: Britain's vulnerable await PM's spending plans with anxiety

Millions are hoping British Prime Minister Rishi Sunak finds money to help them survive a cost-of-living crisis when the government releases its spending plans Thursday.

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UK’s self-billed 'Scrooge' promises tax rises, spending cuts

Read full article: UK’s self-billed 'Scrooge' promises tax rises, spending cuts

Britain’s Treasury chief, Jeremy Hunt, has warned that a spending crunch and tax increases are on their way as he bids to fill the “black hole” in the country’s finances.

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UK economy shrinks as economists warn of more pain to come

Read full article: UK economy shrinks as economists warn of more pain to come

Statistics show that Britain’s economy shrank in the three months to September, and forecasters are warning of many months of contraction to come.

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UK Treasury chief delays detailing new economic plans

Read full article: UK Treasury chief delays detailing new economic plans

UK Treasury Chief Jeremy Hunt has delayed his much-anticipated economic statement until Nov. 17.

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Sunak makes Parliament debut as PM, axes more Truss policies

Read full article: Sunak makes Parliament debut as PM, axes more Truss policies

Rishi Sunak has faced the opposition in Parliament for the first time as Britain's prime minister, promising to restore economic stability after his predecessor’s tax plans triggered market tumult.

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Sunak takes over as UK prime minister amid economic crisis

Read full article: Sunak takes over as UK prime minister amid economic crisis

Rishi Sunak has become Britain’s third prime minister this year.

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New UK leader to face highest government debt in 60 years

Read full article: New UK leader to face highest government debt in 60 years

British government debt rose to the highest level in almost 60 years last month and retail sales slumped.

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EXPLAINER: Why was Truss' tenure so short — and now what?

Read full article: EXPLAINER: Why was Truss' tenure so short — and now what?

British Prime Minister Liz Truss took office last month with hopes and promises of reinvigorating the British economy and putting it on the path to long-term success.

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Sunak, Mordaunt, Johnson? Contenders who could replace Truss

Read full article: Sunak, Mordaunt, Johnson? Contenders who could replace Truss

Liz Truss’ resignation as British Prime Minister has triggered another leadership race — the second in just four months — for the U.K.’s fractured and demoralized Conservative Party.

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Truss quits, but UK's political and economic turmoil persist

Read full article: Truss quits, but UK's political and economic turmoil persist

British Prime Minister Liz Truss quit Thursday after a tumultuous and historically brief term in which her economic policies roiled financial markets and a rebellion in her political party obliterated her authority.

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UK PM Truss vows to stay, but is on brink as minister quits

Read full article: UK PM Truss vows to stay, but is on brink as minister quits

The government of British Prime Minister Liz Truss is teetering on the verge of collapse, just hours after she vowed to keep governing.

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UK inflation accelerates to 40-year high as food prices rise

Read full article: UK inflation accelerates to 40-year high as food prices rise

British food prices rose at the fastest pace since 1980 last month, driving inflation back to a 40-year high and heaping pressure on the embattled government to balance the books without gutting help for the nation’s poorest residents.

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UK Treasury chief in position of power as PM Truss struggles

Read full article: UK Treasury chief in position of power as PM Truss struggles

As British Prime Minister Liz Truss struggles to retain her authority, one man is seen to be in the real position of power to restore order and credibility to the Conservative government and limit the damage caused by Truss’ economic plans.

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UK leader in peril after Treasury chief axes 'Trussonomics'

Read full article: UK leader in peril after Treasury chief axes 'Trussonomics'

New U.K. Treasury chief Jeremy Hunt has reversed most of an economic package announced by the government just weeks ago, including a planned cut in income taxes.

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UK leader Liz Truss goes from triumph to trouble in 6 weeks

Read full article: UK leader Liz Truss goes from triumph to trouble in 6 weeks

British Prime Minister Liz Truss has only been in office for six weeks.

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New UK Treasury chief insists Truss retains control

Read full article: New UK Treasury chief insists Truss retains control

The new U.K. Treasury chief has insisted that Prime Minister Liz Truss retains control of her government despite having to roll back her signature economic policies weeks into her premiership.

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New UK Treasury chief: Mistakes were made, tax rises coming

Read full article: New UK Treasury chief: Mistakes were made, tax rises coming

Britain’s new Treasury chief has acknowledged mistakes made by his predecessor and suggested that he may reverse much of Conservative Prime Minister Liz Truss’ tax-cutting plans, in order to bring stability to the country after weeks of economic and political turbulence.

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UK's Truss drops tax cuts, axes Treasury chief amid turmoil

Read full article: UK's Truss drops tax cuts, axes Treasury chief amid turmoil

British Prime Minister Liz Truss has abandoned a planned cut to corporation tax, scrapping a key part of an economic plan that sparked weeks of market and political turmoil.

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Another contender ousted from race to replace UK PM Johnson

Read full article: Another contender ousted from race to replace UK PM Johnson

Conservative lawmakers in Britain have knocked another contender out of the contest to replace Prime Minister Boris Johnson.

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2 candidates knocked out of UK Conservative leadership race

Read full article: 2 candidates knocked out of UK Conservative leadership race

Two candidates have been knocked out of the race to replace British Prime Minister Boris Johnson.

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UK Conservative hopefuls strikingly diverse, firmly on right

Read full article: UK Conservative hopefuls strikingly diverse, firmly on right

The race to succeed Prime Minister Boris Johnson is being called Britain's most diverse political leadership campaign.

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Now there are 8: UK leader field slims as nominations close

Read full article: Now there are 8: UK leader field slims as nominations close

Nominations in the race to replace British Prime Minister Boris Johnson have closed, with eight Conservative lawmakers securing enough support from their colleagues to make the first ballot.

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UK Conservatives jostle in crowded, testy leadership race

Read full article: UK Conservatives jostle in crowded, testy leadership race

Candidates to replace Boris Johnson as Britain’s prime minister are scattering tax-cutting promises to woo their Conservative Party members.

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Successors to Johnson seek to stand out in crowded UK field

Read full article: Successors to Johnson seek to stand out in crowded UK field

Potential successors to British Prime Minister Boris Johnson are rushing to differentiate themselves from an increasingly crowded field.

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UK defense minister rules himself out of leadership race

Read full article: UK defense minister rules himself out of leadership race

A British Cabinet minister tipped to be a frontrunner in the Conservative Party’s leadership race has ruled himself out of the contest.

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Conservative contenders who could succeed Boris Johnson

Read full article: Conservative contenders who could succeed Boris Johnson

The contest to succeed British Prime Minister Boris Johnson has begun after he announced he is resigning as Conservative Party leader.

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EXPLAINER: How UK Conservatives can change their leader

Read full article: EXPLAINER: How UK Conservatives can change their leader

Britain’s beleaguered Prime Minister Boris Johnson is determined to cling to power despite an open revolt within his Conservative Party.

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Which Conservatives could succeed UK's Johnson if he falls?

Read full article: Which Conservatives could succeed UK's Johnson if he falls?

British Prime Minister Boris Johnson managed to narrowly win a no-confidence vote from his own Conservative Party, but the result dealt a heavy blow to his authority.

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Georgia's senior congressman facing toughest race since 2010

Read full article: Georgia's senior congressman facing toughest race since 2010

Georgia's senior congressman is facing his toughest challenge from Republicans in more than a decade.

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UK's Johnson walks tightrope between politics, COVID surge

Read full article: UK's Johnson walks tightrope between politics, COVID surge

British Prime Minister Boris Johnson is walking a political tightrope as he faces increasing attacks from both friends and enemies amid a surge in COVID-19 infections.

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Report says UK's slow virus lockdown cost 1000s of lives

Read full article: Report says UK's slow virus lockdown cost 1000s of lives

A U.K. parliamentary report says Britain’s Conservative government waited too long to impose a lockdown early in the COVID-19 pandemic, a delay that cost thousands of lives.

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UK's vaccine assessor opts against COVID jabs for children

Read full article: UK's vaccine assessor opts against COVID jabs for children

The independent body advising the British government on the rollout of coronavirus vaccines says the direct health benefits of offering the jabs to all healthy 12-to-15-year-olds are marginal.

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Travelers fume at UK move to keep restrictions on France

Read full article: Travelers fume at UK move to keep restrictions on France

Tourists and the travel industry are venting frustration and anger after Britain's government reversed a plan to ease travel restrictions on France just two days after they were due to start.

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UK eyes traveler quarantine as virus toll passes 100,000

Read full article: UK eyes traveler quarantine as virus toll passes 100,000

Britain's Prime Minister Boris Johnson reacts while leading a virtual press conference on the Covid-19 pandemic, inside 10 Downing Street in central London Tuesday Jan. 26, 2021. The government said 100,162 people have died in the pandemic after testing positive for the virus, including 1,631 new deaths reported Tuesday. U.K. statistics agencies say that the number of deaths registered that mention COVID-19 on the death certificate is more than 108,000. British authorities are banking on a successful vaccination program to help the country suppress the outbreak and ease the lockdown. People arriving in the U.K. from abroad also must show they have tested negative for COVID-19.

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UK lawmakers set to quiz Johnson amid pressure to fire aide

Read full article: UK lawmakers set to quiz Johnson amid pressure to fire aide

Dominic Cummings, top aide to British Prime Minister Boris Johnson, leaves his home in north London, Wednesday, May 27, 2020. (Kirsty O'Connor/PA via AP)LONDON Senior British lawmakers are set to question Prime Minister Boris Johnson on Wednesday amid growing pressure to fire his closest adviser for allegedly flouting COVID-19 lockdown rules. Now, I think, is the time for us all to move on,'' Housing and Communities Secretary Robert Jenrick told the BBC. But Johnson appears determined to retain the aide seen as instrumental to his rise to power even if it erodes public trust in Britains response to the pandemic. One senior lawmaker on the panel, former Health Secretary Jeremy Hunt has already said Cummings broke the rules.

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Hong Kong protests spark diplomatic spat between UK and China

Read full article: Hong Kong protests spark diplomatic spat between UK and China

Protestors confront during police clearance after the Legislative Council building was damaged by demonstrators during a protest on July 2, 2019, in Hong Kong, China. (CNN) - A diplomatic spat between the UK and China deepened Wednesday after London summoned the Chinese ambassador over what it said were "unacceptable and inaccurate" comments made by Beijing regarding the UK's role in ongoing Hong Kong protests. China's ambassador to the UK, Liu Xiaoming, followed up with his own criticism, blasting London for its "interference" in Hong Kong and saying the UK-China relationship "has been damaged" because of it. "I think it's totally wrong for Jeremy Hunt to talk about the freedom (of Hong Kong protesters) ... this is not a matter about freedom it's a matter about breaking laws in Hong Kong," Liu said. "We all remember what Hong Kong was 22 years ago under British rule, there was no freedom (or) democracy."

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Hong Kong protesters urge world leaders to support them at G20 summit

Read full article: Hong Kong protesters urge world leaders to support them at G20 summit

(CNN) - Hong Kong protesters are appealing for foreign support in their fight for political freedom, calling on world leaders to act ahead of the summit of the Group of 20 major economies in Osaka, Japan, this week. Carrying signs reading "Liberate Hong Kong," activists at an evening assembly, many of them wearing black, sang protest anthems and called on G20 leaders to defend their rights. The Legislative Council -- Hong Kong's Parliament -- closed for a number of days in response to the protests. Although Hong Kong is part of China, it has different laws, a principle called one country, two systems. The protesters have also drawn support from Taiwanese President Tsai Ing-wen, who tweeted that the people of Hong Kong are "not alone."

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