Central bank stops short of emergency rate hike and instead says it will make full assessment in November Markets warn interest rates could triple by next year Q&A: what does the pound’s slump mean for the UK? Ministers have been struggling to prevent a full-scale loss of financial market confidence […]
Year: 2022
Royal Mail also announces four stamps featuring portraits of the late Queen to be released in her memory The King’s new monogram has been revealed ahead of the official period of royal mourning for the death of his mother, Queen Elizabeth II, coming to an end. Charles’s cypher will appear […]
Leader will promise ‘fresh start’ for UK after turbulence of successive Conservative governments in keynote address to conference Keir Starmer will attempt to take on the mantle of Tony Blair on Tuesday by describing Labour as the “political wing of the British people” as he accuses the Tories of losing […]
Bid to change asteroid’s course marks ‘new era of humankind’ as agency seeks to protect Earth from future disaster A multimillion-dollar spacecraft collided head-on with an asteroid the size of a football stadium on Monday in an unprecedented test of Nasa’s capacity to defend Earth from a doomsday scenario. Nasa’s […]
Analysis also challenges argument that the scheme attracts wealthy people who would otherwise leave the country Super-rich overseas people in the UK registered as having non-domicile status are being legally allowed to avoid paying more than £3.2bn of tax on at least £10.9bn of offshore income a year, according to […]
Odds of sterling hitting parity with dollar jump, as analysts say UK bond market ‘getting smoked’ by giveaway The pound has hit an all-time low after the bonanza of tax cuts and spending measures in Kwasi Kwarteng’s mini-budget threatened to undermine confidence in the UK. The pound plunged nearly 5% […]
Exclusive: Labour to argue investing in NHS, schools and childcare is only way to build foundations of a strong economy Keir Starmer is seeking to draw new battle lines with Liz Truss by vowing to reinstate the top rate of income tax and ploughing the ensuing billions into the NHS […]
The leader of the Brothers of Italy party appears set to become country’s first female PM Giorgia Meloni has claimed victory in Italy’s elections and promised to govern for all Italians, after exit polls gave her right-wing coalition a clear majority, putting her on course to create the most rightwing […]
Exclusive: Senior Conservatives warn ‘quid pro quo’ arrangement with Mark Fullbrook spells ‘electoral doom’ Mark Fullbrook is understood to have been promised by Liz Truss that his company would run the Tories’ next general election campaign if he joined her No 10 operation as chief of staff. Sources claimed the […]
Dozens assembled to call for an end to the Islamic republic, some of whom became involved in altercations with officers and one another Twelve people have been arrested during protests in London calling for an end to Iran’s Islamic republic, including outside the country’s UK embassy, after the death of […]