Just six weeks after stepping into power as the Prime Minister of the United...
British PM Truss Apologizes for Policy “Mistakes” but Vows to Remain in Office
British Prime Minister Liz Truss on Monday apologized for policy "mistakes" and pushing "too...
UK Economy Shrinks in August, Edging Closer to Recession
The UK economy unexpectedly contracted in August for the second time in three months,...
Bank of England Expands Emergency Program to Stabilize Bond Market
The Bank of England announced on Tuesday an expansion of its emergency bond buying...
British Sterling Heads for Best Week in Nearly 2 Years as Budget Worries Fade
The British pound was on track to have its best week since the year...
BoE Steps In to Calm Bond Market Rout
The Bank of England will step in to prevent bond selloff as the central...