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Kwasi Kwarteng
Popular Conservatism Launch Overshadowed by High-Profile Departures and Calls for Party Unity
Nigel Farage labels the group a 'small minority' within the Tories as Liz Truss advocates for a return to core conservative values amid internal party disputes.
February 7, 2024
BY
Joseph Robertson
UK House Prices Stabilised in January, Halifax Figures Show
House prices in the UK stabilised in January following a series of monthly falls last year, according to ...
February 7, 2023
BY
Alexander Zhang
Former Prime Minister Truss Says She Was Not Given ‘Realistic Chance’ to Enact Tax-Cutting Policy
Former British Prime Minister Liz Truss has blamed the “very powerful economic establishment” for her failure to realise ...
February 5, 2023
BY
Alexander Zhang
Everyone Should Reduce Energy Consumption Amid Crisis, UK Chancellor Says
UK Chancellor Jeremy Hunt has urged people to reduce their energy consumption so that Britain is not susceptible ...
November 24, 2022
BY
Alexander Zhang
UK Government Borrowing Rises as Energy Support Scheme Begins
The UK’s government borrowing increased in October as the energy support scheme for households and businesses got under ...
November 22, 2022
BY
Alexander Zhang
Everyone Will Need to Pay ‘A Bit More Tax,’ UK Chancellor Says
Everyone in the UK will need to pay “a bit more tax” as the country seeks to balance ...
November 13, 2022
BY
Alexander Zhang
Ex-Chancellor Kwarteng Says He Warned Truss Over Pace of UK Economic Reforms
Former Chancellor Kwasi Kwarteng has said he told former Prime Minister Liz Truss to “slow down” her ambitious ...
November 11, 2022
BY
Alexander Zhang
Pound Rebounds, UK Borrowing Costs Drop as Sunak Becomes Prime Minister
The value of the pound has rallied back to its highest levels since before last month’s crash and ...
October 25, 2022
BY
Alexander Zhang
Truss Fights for Survival as Prime Minister After Her Economic Plan Ends in Ruins
UK Prime Minister Liz Truss is fighting for her political survival as MPs from her own party turn ...
October 19, 2022
BY
Alexander Zhang
Truss Apologises for ‘Mistakes’ in Tax Plan, Seeks to Cling on as Prime Minister
UK Prime Minister Liz Truss has apologised for the “mistakes” she made over the ill-fated tax-cutting plan, but ...
October 18, 2022
BY
Alexander Zhang
UK House Prices Reach New High in October Despite Economic Turmoil
House prices in the UK hit a new record high in October despite the continuing uncertainties in interest ...
October 17, 2022
BY
Alexander Zhang
UK Reverses Tax Cuts, Scales Back Energy Help to Calm Markets
The UK’s new chancellor of the exchequer, Jeremy Hunt, has reversed the tax cuts promised by his predecessor ...
October 17, 2022
BY
Alexander Zhang
UK Conservative MPs Warned Against Trying to Oust Truss as Prime Minister
The UK’s new Chancellor of the Exchequer, Jeremy Hunt, has warned his Conservative colleagues against trying to oust ...
October 16, 2022
BY
Alexander Zhang
UK’s New Chancellor Jeremy Hunt Signals Tax Rises and Spending Cuts
The UK's Treasury department will make some "very difficult decisions ahead," new Chancellor of the Exchequer Jeremy Hunt ...
October 15, 2022
BY
Lily Zhou
Liz Truss Performs U-Turn on Corporation Tax and Promises to Lead UK ‘Through the Storm’
Prime Minister Liz Truss has scrapped a key part of the mini-budget Kwasi Kwarteng produced last month—reversing the ...
October 14, 2022
BY
Chris Summers
UK Prime Minister Sacks Treasury Chief Hours After He Arrives From US
Prime Minister Liz Truss has fired the Chancellor of the Exchequer Kwasi Kwarteng and replaced him with Jeremy ...
October 14, 2022
BY
Chris Summers
UK Needs £60 Billion Public Spending Cuts, IFS Says
The UK government will need to cut at least £60 billion ($66.7 billion) in spending to keep debt ...
October 11, 2022
BY
Lily Zhou
UK Chancellor Brings Forward Debt-Cutting Plan to Oct. 31
The UK government's plan to reduce debt will be published on Oct. 31, more than three weeks before ...
October 10, 2022
BY
Lily Zhou
Cutting Taxes ‘Right Thing to Do Morally and Economically’: UK Prime Minister
UK Prime Minister Liz Truss has defended her tax-cutting plan as “morally and economically” right but sought to ...
October 5, 2022
BY
Alexander Zhang
Pound Recovers to Levels Before Mini-Budget Announcement
Sterling continued to rally on Tuesday after bouncing back to levels before the UK Chancellor Kwasi Kwarteng's mini-budget ...
October 4, 2022
BY
Lily Zhou
Chinese Firm Blocked From Accessing Key Information About UK’s Power Grid
The UK government has blocked a Chinese firm from accessing sensitive information about Britain’s power grid, as concerns ...
October 3, 2022
BY
Alexander Zhang
Truss, Kwarteng Defend Mini Budget, Promise ‘Credible’ Fiscal Plan
The UK's Prime Minister Liz Truss and Chancellor of the Exchequer Kwasi Kwarteng appear to be undeterred by ...
October 1, 2022
BY
Lily Zhou
UK Train Services Face Fresh Disruptions Amid Biggest Rail Strike of the Year
Britain’s rail network will face severe disruptions on Saturday amid the biggest strike so far this year. Only ...
September 30, 2022
BY
Alexander Zhang
UK Leaders Say They Value Fiscal Scrutiny After Tax Plan Sparked Market Turmoil
UK Prime Minister Liz Truss and Chancellor Kwasi Kwarteng have said they value the scrutiny from an independent ...
September 30, 2022
BY
Alexander Zhang
UK Tax Cuts the Right Medicine for Productivity: Economist
As UK Prime Minister Liz Truss' tax cuts come under fire from financial institutions and media outlets, one ...
September 29, 2022
BY
Daniel Y. Teng
Royal Mail Workers to Launch 48-hour Strike as Pay Dispute Escalates
Union members at Royal Mail will launch a 48-hour strike on Friday in an escalating dispute over pay. ...
September 29, 2022
BY
Alexander Zhang
A Slip of the Tongue
Commentary A member of the British parliament called Rupa Huq was once a university teacher of sociology and ...
September 29, 2022
BY
Theodore Dalrymple
TOP NEWS
Here’s Who Won Key House Primaries in Arizona
NEW
By
Nathan Worcester
FDA Investigates New Cyclospora Outbreak as Cases on Rise Across Midwest
3hr
By
Kimberly Hayek
Trump Denounces Communism, Touts Trump Accounts for Children in Georgia Speech
4hr
By
Travis Gillmore
124 Swiss Lawmakers Condemn Beijing’s Transnational Repression of Falun Gong
4hr
By
Arthur Zhang
Live From Capitol Hill: ‘Unbroken’ Panel Discussion on Artistic Freedom
4hr
By
Epoch Video
The New Cholesterol Pill Isn’t for Everyone. Here’s How to Tell.
5hr
By
Sheramy Tsai
Senate Panel Advances Bill to Make Hospitals Compete on Price
6hr
By
Lawrence Wilson
House Adopts Budget Blueprint for $95 Billion Reconciliation Package
6hr
By
Jackson Richman
House Passes Congressional Stock Trading Ban
6hr
By
Jackson Richman
and
Nathan Worcester
US Signs Nuclear Cooperation Deal With Saudi Arabia
6hr
By
Emel Akan