British pound climbs as government makes U-turn on tax cut plan
Britain's pound sterling rebounded although UK stocks opened weak on Monday, after the government said it was…
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Kwasi Kwarteng
British PM Truss quits her cut tax plan
UK’s Prime Minister Liz Truss has stepped back on Monday from her plan to scrap the highest rate of income tax,…
Britain’s historic borrowing, tax cuts shape new economic agenda – minister
New British finance minister Kwasi Kwarteng unleashed historic tax cuts and massive increases in borrowing on…
Pound sterling reaches all-time low against dollar
The pound on Monday reached a record low against the dollar as markets react to the UK's biggest tax cuts in 50…
