Britain Is Neither an Emerging Market Nor a Cheap Place to Invest

Britain is no emerging market, but that doesn’t mean it is ripe for investment. In her keynote speech at the annual Conservative Party conference Wednesday, embattled UK Prime Minister Liz Truss argued that the economic benefits of her tax-cutting policies will outweigh the market turmoil caused by them last week. Many analysts pointed to the … Read more

Liz Truss news latest: PM vows to defeat ‘enemies of enterprise’ as speech is disrupted by Greenpeace protesters – The Telegraph

Liz Truss news latest: PM vows to defeat ‘enemies of enterprise’ as speech is disrupted by Greenpeace protestersThe Telegraph Liz Truss Tory conference speech disrupted by Greenpeace protesters; PM claims cutting taxes ‘right morally and economically’ – liveThe Guardian Conservative Party Conference lockdown mystery as police refuse to say what caused dramaBirmingham Live Jacob Rees-Mogg … Read more

Suella Braverman says Channel migrants will be banned from claiming asylum in the UK

M immigrants crossing the Channel will face a ban from claiming asylum in Britain under plans announced by the Home Secretary. At the Conservative Party conference, Suella Braverman used her first major speech since taking on the role to set out the proposals. The new laws – which go further than the Nationality and Borders … Read more

Tory Party conference latest LIVE: Liz Truss ally accuses fellow MPs of ‘coup’ over tax rebellion

A key ally of Liz Truss has accused fellow Tory MPs of a ‘coup’ against the new Prime Minister after a backbench rebellion over plans to ax the top income tax rate. The Prime Minister and her chancellor were forced into a humiliating U-turn on Monday and it has caused significant waves at the Conservative … Read more

UK Leader Liz Truss Faces Political Backlash After Sparking Market Turmoil

LONDON—Less than a month into her tenure as UK prime minister, Liz Truss is seeing her political authority rapidly erode as her bold experiment in British Reaganomics spins out of her control. After presenting the biggest tax cuts in a generation to try to jolt the UK economy into higher growth, Ms. Truss is locked … Read more

FTA with India won’t be ‘free-for-all deal’: UK minister

The free trade agreement (FTA) being negotiated with India won’t be a “free for all deal” but something that is good for both countries and not a particular sector, the UK government cautioned on Tuesday as a Diwali deadline set at the prime ministerial level for the pact approaches. UK Secretary of State for International … Read more

Liz Truss news live: Penny Mordaunt tells PM benefits should rise with inflation

Damian Green, the former work and pensions secretary, said Liz Truss has “probably not” got the support in the House of Commons to prevent an inflation-linked rise to benefits. He told BBC Radio 4’s Today programme: “If people are already struggling, and many of these people will be, then making them struggle more is not … Read more

UK Market Woes Threaten Economic and Political Crisis

The UK continued to try to stave off a financial and economic crisis on Wednesday as the country’s central bank carried out emergency buying of government bonds to stabilize a spiraling debt market, adding pressure on the government of new Prime Minister Liz Truss. The central bank’s surprise move to spend 1 billion pounds buying … Read more

Truss and Kwarteng: counting the cost of chaos – podcast | News

On Friday 23 September, the new chancellor, Kwasi Kwarteng, got to his feet in the House of Commons to deliver what he called a “fiscal event”. It was an attempt to present himself to the country and show the financial markets that with the arrival of himself and Liz Truss, Britain was under new management. … Read more