U.K. Government Goes Full Tilt on Tax Cuts and Free-Market Economics The new administration’s proposals are a sharp break from the era of Boris Johnson, and they represent a turn toward Thatcherism.
Britain’s Spending and Tax Cut Plans Worry Investors in Its Debt Simultaneous declines in bonds, stocks and the pound could set the stage for rising borrowing costs and persistent inflation.
King Charles to Replace Queen Elizabeth on Bank Notes and Coins Queen Elizabeth II faced right on British coins. Her son and successor might face the other way.
Markets Slip as Britain Gets a New Prime Minister and Energy Worries Grow Liz Truss, the Conservative Party’s choice, will face a falling British pound and myriad economic troubles.