UK tax cut

Ditching the growth plan may not save PM Truss

British tabloids are having a field day due to the UK's tumultuous politics.

Liz Truss vs the Bank of England

Unless Truss reverses more of the tax cuts or introduces policies to protect pensioners and mortgage borrowers, turmoil in the UK market will not end soon.

Britain sends investors fleeing with historic tax cuts, borrowing

Britain's new finance minister Kwasi Kwarteng unleashed historic tax cuts and huge increases in borrowing on Friday in an economic agenda that floored financial markets, sending sterling and British government bonds into freefall.

October 19, 2022
October 19, 2022

Ditching the growth plan may not save PM Truss

British tabloids are having a field day due to the UK's tumultuous politics.

October 10, 2022
October 10, 2022

Liz Truss vs the Bank of England

Unless Truss reverses more of the tax cuts or introduces policies to protect pensioners and mortgage borrowers, turmoil in the UK market will not end soon.

September 24, 2022
September 24, 2022

Britain sends investors fleeing with historic tax cuts, borrowing

Britain's new finance minister Kwasi Kwarteng unleashed historic tax cuts and huge increases in borrowing on Friday in an economic agenda that floored financial markets, sending sterling and British government bonds into freefall.