Rishi Sunak campaign attacks rival’s approach to cost of living as ‘laughable were it not so serious’UK politics live: latest updates as Truss accused of U-turnLiz Truss has denied she is ruling...
The typical household is expected to spend the equivalent of £4,266 on energy each year from January. Prime Minister Boris Johnson's spokesperson said it would be up to his successor to make...
LONDON (AP) — As Britain swelters through a roasting summer, and braces for a cold financial reckoning in the fall, calls for the Conservative government to act are getting louder.But the...
Rishi Sunak warns ‘British people will not forgive us’ if vulnerable households do not get help in winterLiz Truss has said she rejects the “Gordon Brown economics” of helping people directly with...
PM makes unexpected intervention as Rishi Sunak criticises Liz Truss for refusal to commit to more handoutsBoris Johnson has waded into the Tory leadership row over energy costs by declaring he is...
The ‘red wall’ town plays host to Tory hustings amid worries over fuel bills and Labour ‘gloom’ over winning back controlRobin Blair has been behind his fruit and vegetable stall since he was...
Liz Truss has doubled down on her refusal to offer financial help to people struggling with the cost of living crisis, as energy bills were forecast to exceed £4,200 annually from January, and...
The Bank of England warned last week that the U.K. economy will enter its longest recession since the global financial crisis in the fourth quarter. The only factor missing from a characterization...
As Liz Truss and Rishi Sunak slug it out for PM, rightwing papers are waking up to the looming economic catastropheThe gloves are off and it’s bare-knuckle, below-the-belt slugging. Good. High...
With a national catastrophe looming, the Tory leadership candidates have adopted a muscular ‘anti-welfare’ stanceAs millions of families get ready to choose between starving and freezing, the...
By William Schomberg and Andy Bruce LONDON - The Bank of England will probably have to raise interest rates further from their current 14 year-high to tackle inflation pressures that are gaining...
Tory frontrunner says tax cuts and spending could cost £30bn, but analysis shows a much higher priceLiz Truss’s emergency tax and spending pledges could cost upwards of £50bn a year, with experts...
LONDON - The dollar fell on Monday, losing some of the gains it had made from Friday's U.S. jobs data, as currency markets pulled back on their initial reaction. Higher-than-expected U.S....
-Latest U.S. inflation numbers are in markets' sight, especially since Federal Reserve policymakers have come out in force to correct any misconception about their determination to slay...
Electricity Thefts Hit Record Levels In UK As Cost-Of-Living Crisis Worsens Authored by Chris Summers via The Epoch Times, A record number of people stole electricity in England and...
The former chancellor who started the race in the lead is now lagging badly against Liz Truss.
By Wayne Cole SYDNEY - Asian share markets made a stuttering start on Monday and the dollar held firm after a stunning U.S. payrolls report pushed back against talk of recession but also...
A look at the day ahead in markets from Alun John U.S. payrolls data day is dawning shortly and set to tell us whether markets should be more worried about inflation or a recession. As Rabobank...
By Noreen Burke Investing.com -- Wednesday’s July U.S. inflation data will be the main highlight in the week ahead after last Friday’s much stronger-than-anticipated jobs report quashed hopes that...
BEIJING - China's export growth unexpectedly picked up speed in July, offering an encouraging boost to the economy as its struggles to recover from a sharp, COVID-induced slump, though imports...
LONDON - Liz Truss, the front-runner to become Britain's next prime minister, plans to rush through tax cuts earlier than planned in an attempt to boost the country's flagging economy, the Sunday...
Faced with stagflation, the Conservative leadership candidates have precious little to offer• You can order your own copy of this cartoon Continue reading...
Conservative leadership frontrunner insists on tax cuts despite claims they will fuel inflationThe Conservative leadership frontrunner, Liz Truss, has rejected “handouts” as a way of helping...
Both Liz Truss and Rishi Sunak have pledged to cut the size of the state. Where better to start than with the home of institutionalized sleaze?
During a hustings in Eastbourne with Conservative party members, Rishi Sunak defended a clip shared by the New Statesman in which he said he took money from deprived urban areas to be...
Blain: "Deeply Concerned" ESG Has Become "Fundamentalist Quasi-Market Religion" Authored by Bill Blain via MonringPorridge.com, “You may think I’m a dreamer, but I’m not the only...
Breaking News - Talk of changes to the Bank of England's powers has revived a debate on whether central banks should be independent of governments and in what way. Central bankers are tasked with...
"It Only Hurts When I Laugh" By Michael Every of Rabobank It only hurts when I laugh Minister: Good morning. I'm sorry to have kept you waiting, but I'm afraid my walk has become...
Business secretary Kwasi Kwarteng says support will not be introduced until ministers return to workThe UK business secretary, Kwasi Kwarteng, has admitted it will be more than a month before...
The business secretary, Kwasi Kwarteng, has criticised the Bank of England’s control of inflation, saying 'clearly something's gone wrong' at the institution, as prices are predicted to rise by...