liz truss

LONDON: UK Prime Minister Liz Trusshas vowed to lead Britain's Conservatives into the next election -- due within two years -- but after a disastrous six weeks in Downing Street many doubt she will remain leader long. Here are the main…

LONDON: British prime minister Liz Trusson Tuesday battled to stabilise her position after an economic crash forced her into humiliating U-turns on tax reforms, putting her future as leader in doubt. "It's hard to conceive of a more…

LONDON: Embattled UK Prime Minister Liz Trusson Monday apologised for going "too far too fast" with reforms that triggered economic turmoil, but vowed to remain leader despite a series of humiliating climbdowns. "I do want to accept…

LONDON: UK treasury chief Jeremy Hunt on Monday reversed most of an economic package announced by the government just weeks ago, including a planned cut to income tax. In a bid to soothe turbulent financial markets, Hunt said he was…

LONDON: Britain's Prime Minister Liz Trussinsisted on her devotion to "sound" economics heading into crisis talks Sunday with her all-powerful new finance minister, and a tense week of plotting by Conservative critics. With even US…

PORTLAND: United States President Joe Biden on Saturday criticized British Prime Minister Liz Truss's original economic plan as a mistake and said he was not concerned about the strength of the soaring U.S. dollar. Truss on Friday fired…

LONDON: Britain's new finance minister Jeremy Hunt said on Saturday some taxes would go up and tough spending decisions were needed, saying Prime Minister Liz Trusshad made mistakes as she battles to keep her job just over a month into…

LONDON: Britain's new finance minister on Saturday warned of looming tax hikes as he admitted to "mistakes" made in a disastrous budget that still threatens to bring down Prime Minister Liz Truss. "Truss fights for survival," The Times…

LONDON: British Prime Minister Liz Trusshas abandoned a planned cut to corporation tax, scrapping a key part of an economic plan that sparked weeks of market and political turmoil. Truss said at a hastily arranged news conference Friday…

LONDON: UK Prime Minister Liz Trusshas appointed former Cabinet minister Jeremy Hunt as new Treasury chief, replacing sacked Kwasi Kwarteng. Hunt is a government veteran who has served as former foreign secretary and health secretary,…