MPs have expressed concerns that the Bank of England’s proposal to launch a digital pound might heighten the likelihood of bank runs.
MPs have expressed concerns that the Bank of England’s proposal to launch a digital pound might heighten the likelihood of bank runs.
Truss’s term was ended last year when her largely unfunded mini-budget and tax cuts drove up borrowing costs, and mortgage rates and sent the pound plunging. This shattered Britain’s reputation
Nadhim Zahawi, an MP, will continue to serve as such and attacked the media after Rishi Sunak called him on Sunday morning.
According to a poll published Monday, around half of the backers of Britain’s ruling Conservative Party support renationalizing the country’s energy sector. This is because rising energy prices are putting
The energy giant supplies electricity and gas to over five million customers. It warned that the rising energy prices would be ‘truly horrible.
According to Smarkets, Liz Truss, UK Foreign Secretary, is expected to succeed Boris Johnson as head of the UK Conservative Party and Prime Minster as the leadership contest enters its
A few days back, it was reported that Asda’s owners could be considering withdrawing their offer for Boots.
After a growing number of Conservative Party lawmakers questioned Boris Johnson’s authority over “partygate”, a confidence vote will be held for Johnson later Monday.
According to the Sunday Times newspaper, officials from Boris Johnson’s Conservative Party, the British prime minister, expect a challenger to his leadership and have scheduled a vote for Wednesday.
Shell pulled out of a major North Sea oil project that was supposed to help secure UK energy supplies. This was in addition to lacklustre political support from Westminster and