Tag: UK

Truss Resignation a Symptom of Conservative Crisis in the Anglosphere

Commentary The resignation of Liz Truss after barely six weeks as the UK prime minister is seen by many commentators as the consequence of pursuing “extremist, experimental” economic policies. Yet Sir Humphrey Appleby—of “Yes Prime Minister” fame—would have described Truss as “very courageous” in pursuing free market polices, which are now almost universally panned by…


Truss’s Resignation a Symptom of Conservative Crisis in the Anglosphere

Commentary The resignation of Liz Truss after barely six weeks as the UK prime minister is seen by many commentators as the consequence of pursuing “extremist, experimental” economic policies. Yet Sir Humphrey Appleby—of “Yes Prime Minister” fame—would have described Truss as “very courageous” in pursuing free market polices, which are now almost universally panned by…


[Premiering 7 PM ET] Inflation Crisis Clears Way for Digital Currency: Francis Hunt

Francis Hunt is a chartered market analyst with over 30 years of successful trading experience. He is an expert on global markets. Hunt sees major trouble ahead as inflation destroys the value of government bonds. He says we’re already seeing this play out in Britain and Japan, and that it’s only a matter of time…


PREMIERING NOW: Inflation Crisis Clears Way for Central Bank Digital Currency: Francis Hunt

Francis Hunt is a chartered market analyst with over 30 years of successful trading experience. He is an expert on global markets. Hunt sees major trouble ahead as inflation destroys the value of government bonds. He says we’re already seeing this play out in Britain and Japan, and that it’s only a matter of time…


Inflation Crisis Clears Way for Central Bank Digital Currency: Francis Hunt

Francis Hunt is a chartered market analyst with over 30 years of successful trading experience. He is an expert on global markets. Hunt sees major trouble ahead as inflation destroys the value of government bonds. He says we’re already seeing this play out in Britain and Japan, and that it’s only a matter of time…


Labour MP Triggers By-Election by Resigning Over ‘Sexual Misconduct’ Allegation

A Labour MP has resigned—after a parliamentary watchdog upheld complaints of “serious sexual misconduct” by a young assistant—triggering a by-election. Christian Matheson, 54, had denied the allegations but said he had decided to resign as MP for the City of Chester, a constituency he had held since 2015. The Independent Expert Panel had recommended a suspension of…


UK Vows to Drive Down Debt as Interest Bill Pushes Government Borrowing to £20 Billion

The UK government has vowed to do “whatever is necessary” to drive down debt after its rising debt interest payment pushed public sector borrowing to £20 billion ($22 billion) last month. According to the latest data from the Office for National Statistics (ONS), the UK’s public sector net borrowing was £20 billion in September 2022,…


Boris Johnson Could Make Comeback as UK PM Contest Becomes 3-Horse Race

Boris Johnson could make a bid to resume the role of prime minister as the Conservative Party faces its second leadership contest this year, following the resignation of Liz Truss on Thursday. He could potentially face former Chancellor of the Exchequer, Rishi Sunak, and ex-trade minister Penny Mordaunt in a vote by MPs on Monday. Johnson…


How the UK Will Choose Its New Prime Minister Following Liz Truss’s Resignation

The UK is set to choose yet another prime minister after Liz Truss was forced to resign on Oct. 20 after just six weeks in Downing Street. Truss had no choice but to step down after her entire economic programme based on massive unfunded tax cuts was scrapped following negative reactions from the financial markets,…


Protester on Chinese Consulate Incident in Manchester: I Was Dragged In and Beaten

The alleged beating of a Hong Kong resident in the UK by the Chinese consulate in Manchester, England, on Oct. 16 has sparked international condemnation. The Hong Kong resident who was involved in the incident made his first public statements on Oct. 19. He said at a news conference that he was dragged into the…