Energy partnership between U.S., Britain aims to ramp up LNG supplies
Rishi Sunak and Joe Biden photographed on the sidelines of the G20 Summit in Indonesia on Nov. 16, 2022. Saul Loeb | AFP | Getty Images LONDON — The U.K.…
UK PM Sunak delays highly anticipated spending plan to mid-November
The U.K.’s annual budget announcement will be delayed after the new Prime Minister Rishi Sunak took office Monday. Hannah Mckay | Reuters LONDON — The U.K.’s fiscal statement will be…
UK PM Truss faces serious pressure to resign after failed budget
Truss sacked Finance Minister Kwasi Kwarteng after he delivered a mini-budget that plunged the UK economy into crisis. Wpa Pool | Getty Images News | Getty Images LONDON — U.K.…
IMF gives damning verdict on Britain’s tax cuts
The new economic measures laid out by the U.K. government “will likely increase inequality”, according to a spokesperson from the International Monetary Fund. Yuri Gripas | Reuters LONDON — The…
British PM Liz Truss announces a cap on energy bills
LONDON — U.K. Prime Minister Liz Truss on Thursday announced a broad stimulus package to help Brits with soaring energy bills and attract investment into the energy sector. Truss announced…
UK’s Liz Truss will unleash billions of pounds to help with energy bills
The U.K.’s newly elected prime minister Liz Truss is expected to announce a multi-billion-pound stimulus package to help people with soaring energy prices. Carl Court / Staff / Getty Images…
Liz Truss promises action on soaring energy bills in first speech as UK PM
LONDON — Britain’s new prime minister, Liz Truss, made her first speech Tuesday, promising to tackle rising energy bills and the cost-of-living crisis in the next couple of days. “I…
Britain’s next prime minister to be announced
Former Finance Minister Rishi Sunak or current Foreign Secretary Liz Truss will be announced as the U.K’s new prime minister later Monday. Dan Kitwood / Staff / Stringer / Getty…