Ex-British Treasury chief Rishi Sunak leads UK leader race; Johnson yet to declare – National | Globalnews.ca
Former British Treasury chief Rishi Sunak was frontrunner Sunday in the Conservative Party’s race to replace Liz Truss as prime minister, as he garnered the public support of over 100 Tory lawmakers to forge ahead of his two main rivals — ousted former Prime Minister Boris Johnson and ex-Cabinet minister Penny Mordaunt. But widespread uncertainty […]
U.K. reverses tax cut for wealthy after market turmoil – National | Globalnews.ca
British Prime Minister Liz Truss was forced on Monday into a humiliating U-turn after less than a month in power, reversing a cut to the highest rate of income tax that helped spark turmoil in financial markets and a rebellion in her party. Finance minister Kwasi Kwarteng said the decision to scrap the top rate […]
U.K. PM Liz Truss faces busy week as politics returns to stage after queen’s funeral – National | Globalnews.ca
British politics returns to centre stage on Tuesday after the funeral of Queen Elizabeth, with Prime Minister Liz Truss signalling her priorities by flying to her first major summit and rushing out measures to try to avert an economic slump. Since the queen’s death on Sept. 8, politics — or at least the discussion of […]
New U.K. Prime Minister Liz Truss says year in B.C. ‘changed my outlook on life’ | Globalnews.ca
The United Kingdom has a new prime minister, and it turns out she has a few roots in British Columbia. Liz Truss was officially sworn in as the U.K.’s new prime minister after meeting with Queen Elizabeth Tuesday, following her victory in the Conservative Party leadership race to replace Boris Johnson. Read more: Liz Truss […]
Boris Johnson bids farewell to dramatic term as U.K. PM: ‘This is it, folks’ – National | Globalnews.ca
Boris Johnson’s term as British leader was a mix of high drama and low disgrace. But he left office Tuesday with a casual shrug of a farewell: “Well, this is it, folks.” The prime minister’s final speech outside 10 Downing Street, delivered before he offered his resignation to Queen Elizabeth II, was vintage Johnson — a […]