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Boris Johnson has gained enough support to enter the U.K.’s prime minister race—again
EuropeBoris Johnson has gained enough support to enter the U.K.’s prime minister race—again
By Alex Wickham, Ellen Milligan and BloombergOctober 22, 2022
Liz Truss
EuropeLiz Truss can now claim $128,000 a year for life after serving as PM for just 44 days due to a special U.K. law — but it’s not a wage
By Sophie MellorOctober 21, 2022
The lettuce won: The internet is having a field day over Liz Truss’s resignation
PoliticsThe lettuce won: The internet is having a field day over Liz Truss’s resignation
By Chris MorrisOctober 20, 2022
The Guard of Honor of the Chinese People's Liberation Army escorts the Chinese national flag during a flag-raising ceremony in celebration of the 73rd anniversary of of the founding of the People's Republic of China at Tian'anmen Square on October 1, 2022 in Beijing, China.
EuropeFormer military pilots are being lured to China with big cash offers of up to $270K to train members of the army
By Chloe TaylorOctober 18, 2022
Chancellor of the Exchequer Kwasi Kwarteng (L) and Britain's Prime Minister Liz Truss
FinanceThe IMF to Liz Truss and Kwasi Kwarteng: You’re doing it all wrong
By Philip Aldrick and BloombergOctober 11, 2022
Liz Truss said she was absolutely committed to controversial tax cuts — 24 hours later she’s forced into a humiliating U-turn
FinanceLiz Truss said she was absolutely committed to controversial tax cuts — 24 hours later she’s forced into a humiliating U-turn
By Alex Morales, Kitty Donaldson and BloombergOctober 3, 2022
Liz Truss
FinanceAfter the pound hits a record low and the Bank of England intervened to the tune of £65 billion, Liz Truss insists ‘this is the right plan’
By Ellen Milligan, Joe Mayes and BloombergSeptember 29, 2022
There was one person who predicted exactly what was going to happen to the U.K. under Liz Truss’s ‘fairy tale’ economics—and he was ridiculed for it
LeadershipThere was one person who predicted exactly what was going to happen to the U.K. under Liz Truss’s ‘fairy tale’ economics—and he was ridiculed for it
By Chloe TaylorSeptember 29, 2022
I got rich by betting that inequality would destroy the U.S. and U.K. I’m sorry
CommentaryI got rich by betting that inequality would destroy the U.S. and U.K. I’m sorry
By Gary StevensonSeptember 29, 2022
‘This is the right plan.’ Embattled British PM doubles down on tax cuts and borrowing jump as bonds and pound slide
Finance‘This is the right plan.’ Embattled British PM doubles down on tax cuts and borrowing jump as bonds and pound slide
By Ellen Milligan, Joe Mayes and BloombergSeptember 29, 2022
Ray Dalio says the U.K. is behaving like an emerging market as Bank of England steps in amid continued ‘Trussonomics’ markets chaos
FinanceRay Dalio says the U.K. is behaving like an emerging market as Bank of England steps in amid continued ‘Trussonomics’ markets chaos
By Chloe TaylorSeptember 28, 2022
Bitcoin is outperforming major currencies.
The CoinsThe world’s economy is so bad this week that Bitcoin is outperforming major currencies
By Leo Schwartz and Nicolas RappSeptember 27, 2022
Why the market vetoed the U.K.’s budget–and what it means for the changing nature of stimulus around the world
CommentaryWhy the market vetoed the U.K.’s budget–and what it means for the changing nature of stimulus around the world
By Philipp Carlsson-Szlezak and Paul SwartzSeptember 27, 2022
The pound is ‘vulnerable’ and has further to fall, says Brexiteer hedge fund titan who’s up 140% this year shorting U.K. bonds
FinanceThe pound is ‘vulnerable’ and has further to fall, says Brexiteer hedge fund titan who’s up 140% this year shorting U.K. bonds
By Nishant Kumar and BloombergSeptember 27, 2022
Lawrence Summers speaking at the Globe Summit
Europe‘I did not expect markets to get so bad so fast’: Larry Summers predicts the pound will fall below parity with U.S. dollar, Euro
By Nicholas GordonSeptember 27, 2022
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