Citing national security, Britain wants to stop its retired military pilots from accepting lucrative contracts to train members of the People’s Liberation Army.
Tag: Truss, Elizabeth (1975- )
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Stock Markets Bounce After a Week of Whiplash
The S&P 500 rose sharply in early trading on Monday after strong earnings at Bank of America and news of a radically revised tax plan in Britain.
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New U.K. Finance Minister Pulls Back Further on Fiscal Plan
Jeremy Hunt, the new chancellor of the Exchequer, announced a sweeping reversal in an effort to steady the markets and reduce the pressure on Prime Minister Liz Truss.
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British Pound and Bond Prices Rise as New Chancellor Accelerates Tax Plans
Jeremy Hunt, Britain’s new top finance official, said he would bring forward by two weeks measures to “support fiscal sustainability.”
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After Weeks of Turmoil, UK Markets Face Another Test on Monday
Investors will get to weigh in after the Bank of England ended its bond market intervention and the bank’s governor offered conciliatory words over the weekend.