Labour demands probe over top job for Jacob Rees-Mogg's ex-business partner

Critics lashed out at ‘cronyism’ after Dominic Johnson, who set up Somerset Capital Management with the…

EU eyes extending easier state aid rules as Ukraine war rages

© Reuters. FILE PHOTO: European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium,…

Serbia's central bank raises benchmark rate to 4% – statement

© Reuters. BELGRADE (Reuters) – Serbia’s central bank raised benchmark interest rate on Thursday by 50…

Liz Truss urges European leaders to 'keep lights on' this winter amid blackout fears

Prime Minister Liz Truss holds talks with European leaders today as the National Grid was expected…

Sterling slips again as investors await Friday's U.S. jobs data

© Reuters. FILE PHOTO: A shop assistant counts piles of British Pound Sterling banknotes at an…

Why Is It So Hard to Hit the Brakes on Inflation?

The Federal Reserve has run up against a stubborn obstacle in efforts to lower prices: companies…

Britons stockpile thermal underwear to fight rising heating bills

© Reuters. FILE PHOTO: People queue outside a John Lewis a store announcing a seasonal sale,…

Tory chairman hits back at Dorries over call for Truss to change course

T he Conservative Party chairman has said he does not “understand” some of the points made…

Keir Starmer repeatedly refuses to back striking workers

Kier Starmer has repeatedly refused to back striking workers including those working for the NHS as…

BOE's Cunliffe: Closely monitoring LDI funds to ensure resilience

© Reuters. FILE PHOTO: People stand outside the Bank of England in the City of London…

BoE says it will unwind gilt market intervention once risks have subsided

© Reuters. FILE PHOTO: Britain’s Deputy Governor of the Bank of England Jon Cunliffe speaks during…

UK banks to raise mortgage market fears in Kwarteng meeting

High street bank bosses will tell the chancellor, Kwasi Kwarteng, that they have growing concerns over…