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Trouble for Liz Truss? UK PM battles inflation as she faces possible sacking

With just over a month in the office, UK PM Liz Truss is finding it difficult to stay in power. Her proposed plans have failed to calm the inflation-stricken markets or assuage lawmakers’ concerns.

United kingdomTheresa mayPenny mordauntAnuja jhaJeremy huntKwasi kwartengDavid cameronBoris johnsonInternational monetary fundEuropean unionParty mpsConservative partyLiz trussRishi sunakMinister kwasi kwartengLiz truss news

British Finance Minister Races Back to London as Pressure Builds for Another Policy U-Turn

Prime Minister Liz Truss is under immense pressure to rethink her economic policies as opinion polls show support for her government has collapsed.

United kingdomUnited statesCity ofGreg handsKwasi kwartengInternational monetary fundOffice for budget responsibilityYuk internationalMinister liz trussMinister kwasi kwartengPrime minister liz trussDowning streetSky news fridayTrade minister greg handsBudget responsibilityInternational monetary

UK Cliff Edge Arrives as Bank of England Prepares to End Its Emergency Bond Buying

The central bank’s emergency program draws to a close Friday, but traders remain on edge as volatility in the U.K. gilt market looks set to continue.

United statesUnited kingdomCity ofAndrew baileyLuke bartholomewChris lupoliKwasi kwartengDaniel lacalleInternational monetary fundWhile the bankBank monetary policy committeeMinister kwasi kwartengWashington thursdayMonetary policy committeeChief economist huw pillMinister liz truss

European Markets Rise on UK Fiscal U-Turn Hopes; Stoxx 600 Up 1 5%

European markets climbed on Friday as speculation abounds that the U.K. government could be about to U-turn on its controversial fiscal policies.

United statesUnited kingdomElliot smithKwasi kwartengInternational monetary fundEuropean stoxxMinister kwasi kwartengWall streetVirgin money

European Markets Set to Jump on UK Fiscal U-Turn Hopes

European markets climbed on Friday as speculation abounds that the U.K. government could be about to U-turn on its controversial fiscal policies.

United kingdomUnited statesKwasi kwartengInternational monetary fundMinister kwasi kwartengWall street

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