UK Prime Minister Liz Truss resignation: what happened in 45 days
Truss is the shortest-serving prime minister in Britain's history, and the third Conservative Party prime minister pushed out of office in as many years.
UK PM Liz Truss pressured to resign over financial crisis, government chaos
Prime Minister Liz Truss continues to face backlash for her fumbled economic package that triggered an economic crisis in the U.K., as many politicians urge her to resign from her post.
Facebook parent Meta to sell Giphy, giving up battle with UK regulators
Facebook owner Meta is throwing in the towel after a lengthy battle with a U.K. watchdog, agreeing to sell Giphy at the behest of the foreign regulator.
UK's Liz Truss abandons tax cuts, axes finance chief
British Prime Minister Liz Truss axed her finance minister and reversed course on major parts of her economic plan amid economic and political turmoil.
What is LDI? Liability-Driven Investment strategy explained
Defined benefit pensions have to make sure that their assets, such as stocks and bonds, can generate enough cash to meet liabilities - the monthly payouts guaranteed to pensioners.
UK warns of three-hour winter blackouts if gas supplies fall short
The U.K. national power operator has warned that citizens should brace for up to three-hour energy blackouts this winter in the 'unlikely' event gas supplies dwindle.
UK's Truss stands by 'disruption' agenda despite Tory doubts
UK Prime Minister Liz Truss has defended her economic plans as she tries to convince her Conservative Party the pain unleashed by tax-cutting is worth it.
Britain continues to face turbulence as economic and political turmoil continues
Less than one month on the job, some Britons are questioning whether new Prime Minister Liz Truss is up to the task of leading the country through a deepening economic crisis.
UK’s central banker struggles with inflation, a financial crisis and his own government
Andrew Bailey, the Governor of the Bank of England, stemmed a bond crisis last week by purchasing government debt, calming the markets but increasing inflationary pressure.
UK government drops plans for tax cut on wealthy that prompted turmoil on financial markets
In a stunning reversal, Britain's Conservative government dropped a key part of the tax cuts package that sparked outrage, market turmoil and sent the pound plunging.
Christian nurse sues UK's NHS for 'forcing racist ideology' on students
A Christian nurse in the United Kingdom is suing an NHS trust, claiming the trust forces student to learn critical race theory and discriminates against her race.
Phil Collins and Genesis band members sell music rights in $300+ million deal
Phil Collins and Genesis bandmates Tony Banks and Mike Rutherford have sold a bundle of music rights to catalogue, including 1980's pop hits, to Concord Music Group for $300 million.
Bank of England to buy UK bonds to avert financial risk
The Bank of England has moved to halt a slide in British government bonds that posed a “material risk” after plans to slash taxes spooked investors.
Bank of England 'will not hesitate' to act as it monitors market turmoil
The Bank of England said on Monday it would not hesitate to raise rates and is monitoring markets in response to the new government's financial plans.
Nostradamus book sales skyrocket after prediction of Queen Elizabeth II's death
A book interpreting the prophecies of Nostradamus is selling out after correctly predicting the death of Queen Elizabeth II. The book claims Charles III will abdicate.
UK slashes personal, corporate taxes in bid to spur growth
Inspired by Margaret Thatcher’s free market economics, Liz Truss has insisted that growing the economy and tax cuts for businesses will benefit everyone.
McDonald’s to close all its UK restaurants Monday to honor the Queen’s funeral
McDonald's announced that it will close all UK restaurants on Monday, September 19 as a mark of respect to Queen Elizabeth II on the day of her funeral.
Heinz ketchup, Lanson champagne, other favorites of the Queen may have to change branding
More than 600 companies that received a Royal Warrant from the Queen to display the royal coat of arms on their products including Heinz will have to reapply.
King Charles III: How the new British monarch can impact an economy on the brink of crisis
The King has limited practical power, but he has private weekly meetings with the prime minister during which he can express views and provide guidance on current issues.
Business during Queen Elizabeth mourning period may continue, UK says
The United Kingdom's Cabinet Office released guidance for businesses and private organizations' conduct during the national mourning period for Queen Elizabeth II.