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2 mins read

Britain's finance minister becomes first UK politician to enter 'Rich List' with estimated household wealth of £730 million

The majority of Rishi Sunak's household's wealth comes from his wife, Akshata Murthy, and her £690 …

Henry Dyer   


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2 mins read

Rishi Sunak wins whirlwind race to be UK's next prime minister after Liz Truss's economic plans left Britain in chaos

Former Chancellor Rishi Sunak became the UK's presumptive next prime minister after his competitor,…

Mia Jankowicz   


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4 mins read

Rishi Sunak is worth almost $850 million, making him Britain's richest prime minister. Here's why that could be a big problem.

The new British PM's net worth is so large that he and his wife entered this year's Sunday Times Ri…

Ryan Hogg,Beatrice Nolan   


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3 mins read

Britain’s new FM Rishi Sunak is a ‘first generation immigrant’ with family ties to Narayana Murthy, a doyen of Indian IT

The 39-year old Indian-origin leader — who was one of the early supporters of Johnson — joined p…

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1 min read

Joe Biden says Liz Truss's plan to cut taxes for Britain's 'super-wealthy' was a 'mistake' as the UK prime minister battles to stay in power

The US president said the decision to abandon $50 billion of unfunded tax cuts aimed at the UK's hi…

Ryan Hogg   


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The UK says it's ready to regulate stablecoins for payments — and cryptocurrencies like bitcoin are next on its list

The Economic Secretary to the Treasury said the UK government sees significant potential in crypto …

Hamza Fareed Malik   


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2 mins read

Rishi Sunak says he would rather lose than win on a false promise

Britain's prime ministerial candidate Rishi Sunak has insisted that he would rather lose the Conser…

PTI   


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3 mins read

Queen Elizabeth II, Britain's longest-serving monarch, dies aged 96

Her death brings to an end the longest reign in the history of the United Kingdom, and one of th…

PTI   


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1 min read

A cutoff of Russian energy could push the UK into a recession, says Britain's fiscal watchdog

The UK could enter a recession of Russia cuts off energy flows. The Office for Budget Responsibilit…

Brian Evans   


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5 mins read

Britain's high earners could see taxes rising this year – here's how they can invest wisely, according to financial advisers

All eyes are on the November Budget, where chancellor Rishi Sunak will set out the government's pla…

Marc Shoffman   


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2 mins read

Britain's Royal Mint is creating an NFT, ready for launch this summer

Finance Minister Rishi Sunak asked the Royal Mint to start developing the non-fungible token, as th…

Hamza Fareed Malik   


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2 mins read

Carla Mozée   


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4 mins read

Britain's Parliament has a problem with sexual harassment. Meet the team trying to change that.

MP Rob Roberts was found to have sexually harassed a female intern - but he's still in his job more…

Bethany Dawson,Henry Dyer   


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2 mins read

UK unemployment hits highest level in 5 years, but government support limits pain during new COVID lockdowns

UK unemployment touched its highest level in 5 years in the three months to November. But the gover…

Harry Robertson   


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4 mins read

A look at Giorgia Meloni's ascent to power as a far-right leader set to become Italy's next prime minister

Meloni led the Brothers of Italy party to victory after co-founding the party in 2012 and becoming …

Natalie Musumeci   


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Britain faces a £25 billion 'deterioration' in its public finances

The shortfall "is mostly down to lower economic growth, which more than outweighs the cut to spendi…

Ben Moshinsky   


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2 mins read

The pound jumps to a 6-week high and UK bond yields fall as new Prime Minister Rishi Sunak pledges to 'fix mistakes' by the Truss administration

The pound climbed near $1.15 for the first time since mid-September. Sunak said the UK is facing a …

Carla Mozée   


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4 mins read

The rand is plunging amid speculation that South Africa's finance minister will be fired

Gordhan said on Tuesday that he was still finance minister. On Wednesday, he said he would "open a …

Reuters,Akin Oyedele   


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The UK government's COVID-19 pandemic support reaches $568 billion after Rishi Sunak pledges an additional $90 billion in fiscal spending

Sunak said his immediate priorities would be to support those hardest hit, by extending the furloug…

Shalini Nagarajan   


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4 mins read

Britain enters the 'Greek fallacy' phase of Brexit

LONDON - Prime Minister Theresa May is expected to put her Brexit deal to parliament at the start o…

Jim Edwards