British PM Truss apologises for economic plan, spending cuts to come LONDON: Prime Minister Liz Truss has apologised for threatening Britain's economic stability after she was forced to... Updated 18 Oct, 2022 02:27pm
Markets Dollar tests 32-year peak to yen; Aussie, kiwi rise on rate bets TOKYO: The dollar hovered near a 32-year peak above 149 yen on Tuesday even as it took a breather from a rally... Published 18 Oct, 2022 09:14am
World New UK finance minister tears up tottering PM’s agenda LONDON: Britain’s new finance minister Jeremy Hunt warned Saturday of looming tax hikes as he dramatically reversed... Published 16 Oct, 2022 10:36am
World UK's Truss tries to reassure on economic plan LONDON: British Prime Minister Liz Truss tried to reassure her party and the public on Sunday by saying she should... Updated 02 Oct, 2022 04:27pm
World UK’s Truss meets Danish counterpart, discuss Nord Stream ‘sabotage’ LONDON: British Prime Minister Liz Truss met her Danish counterpart Mette Frederiksen on Saturday and discussed what... Published 01 Oct, 2022 04:04pm
World UK ‘will never accept’ Russian annexation of four Ukrainian territories: PM LONDON: Prime Minister Liz Truss on Friday accused Vladimir Putin of breaching international law as Russia prepared... Published 30 Sep, 2022 01:47pm
Markets Sterling drops 1% as PM Truss defends economic plans LONDON: Sterling fell as much as 1% on Thursday after British Prime Minister Liz Truss defended economic plans that... Updated 29 Sep, 2022 02:13pm
Business & Finance BoE moves to calm bond market rout after tax cut storm LONDON: The Bank of England sought to quell the fire-storm in Britain’s bond markets, saying it would buy as much... Published 29 Sep, 2022 05:54am
World UK’s Starmer to insist Labour fit to govern as crisis rocks govt LIVERPOOL: Labour leader Keir Starmer will argue Tuesday his once-fractured party is ready to lead Britain out of... Published 27 Sep, 2022 10:52am
World US warns of catastrophic consequences if Russia uses nuclear weapons in Ukraine KYIV: The United States warned on Sunday of “catastrophic consequences” if Moscow uses nuclear weapons in Ukraine,... Published 26 Sep, 2022 11:11am
World Britain’s Labour pitches itself against tax cuts for the wealthy LIVERPOOL, (England): Keir Starmer, leader of Britain’s Labour Party, on Sunday pledged to reverse the abolition ... Published 26 Sep, 2022 08:06am
World Britain’s King Charles makes first address to the nation LONDON: Britain’s King Charles gave a televised address to the nation on Friday, his first since the death of his... Updated 09 Sep, 2022 10:33pm
KSE-100 closes above 97,000 for the first time as investors dismiss political noise, index gains 1,782 points