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 […]
After Liz Truss’ resignation, the British public won’t choose new PM. Here’s why – National | Globalnews.ca
Observers of Britain’s governing structure can be forgiven for scratching their heads in recent weeks as they watch the country reel through a succession of prime ministers without holding an election. While the opposition Labour Party is demanding an election, the governing conservatives are pushing on with choosing another prime minister from within their own […]
India deal may not have everything on services: UK trade minister Kemi Badenoch
A trade deal between Britain and India might not contain everything that the services sector wants, UK trade minister Kemi Badenoch said on Tuesday as a deadline to complete the deal approaches. Before stepping down, former prime minister Boris Johnson set a target with Indian leader Narendra Modi to complete a free trade agreement (FTA) […]
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 […]
Queen Elizabeth II’s death upended the debut of new U.K. PM Liz Truss. Here’s why – National | Globalnews.ca
British Prime Minister Liz Truss took office less than two weeks ago, impatient to set her stamp on government and facing an overflowing inbox of crises: soaring inflation, a plummeting national currency and skyrocketing energy bills. Then the death of 96-year-old Queen Elizabeth II ripped up Truss’s carefully laid plans. The epochal event has been […]
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 […]
Liz Truss set to become Britain’s next prime minister amid soaring energy prices – National | Globalnews.ca
Britain’s Conservative Party has chosen Foreign Secretary Liz Truss as the party’s new leader, putting her in line to be confirmed as prime minister. Truss’s selection was announced Monday in London after a leadership election in which only the 180,000 dues-paying members of the Conservative Party were allowed to vote. Truss beat rival Rishi Sunak, […]