Domestic Affairs
Suella Braverman is under pressure to resign
The pressure on the Home Secretary Suella Braverman continues to increase. She admitted in a statement Monday that she sent government documents to her personal mail account six…
Continue ReadingBank of England’s policy to pay banks interest on the reserves should be abandoned – Charlie Bean
Britain should consider changing the Bank of England’s policy to pay banks interest on the reserves they hold there, former BoE Deputy Governor Charlie Bean said on Tuesday.…
Continue ReadingParliament votes to recognise Crypto as a regulated financial means
Lawmakers from the House of Commons have voted to recognize crypto as a regulated financial means in the UK. This boosted the crypto price increases. This decision could…
Continue ReadingRishi Sunak set to take 10 Downing Street
Boris Johnson has resigned from the Conservative party. This paves the way for former finance minister Rishi Sunak to succeed Liz Truss as prime minister. Johnson, who stepped…
Continue ReadingTax plans made an U-turn: that’s what a true plan for the economics is
Almost all of prime minister Liz Truss’s tax plans have already been withdrawn after a few weeks. The new Finance minister Jeremy Hunt announced on Monday. The tax…
Continue ReadingKwasi Kwarteng out, Jeremy Hunt in: Liz Truss troubled start
Jeremy Hunt, the new UK Finance minister, presented the first part of his tax plans on Monday. Meanwhile, the position of prime minister Liz Truss has come under…
Continue ReadingTime always wins, given enough time, according to Kwarteng
Finance minister Kwasi Kwarteng said “Let’s wait and see”, when asked in an interview if financial markets had improved on Thursday due to expectations of a turnaround in…
Continue Reading