Britain

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Liz Truss

Liz Truss can now claim $128,000 a year for life after serving as PM for just 44 days due to a special U.K. law — but it’s not a wage

By
October 21, 2022
The lettuce won: The internet is having a field day over Liz Truss’s resignation
Politics

The lettuce won: The internet is having a field day over Liz Truss’s resignation

By
October 20, 2022
The Guard of Honor of the Chinese People's Liberation Army escorts the Chinese national flag during a flag-raising ceremony in celebration of the 73rd anniversary of of the founding of the People's Republic of China at Tian'anmen Square on October 1, 2022 in Beijing, China.

Former military pilots are being lured to China with big cash offers of up to $270K to train members of the army

By
October 18, 2022
Chancellor of the Exchequer Kwasi Kwarteng (L) and Britain's Prime Minister Liz Truss
Finance

The IMF to Liz Truss and Kwasi Kwarteng: You’re doing it all wrong

By Philip Aldrick and Bloomberg
October 11, 2022
Liz Truss said she was absolutely committed to controversial tax cuts — 24 hours later she’s forced into a humiliating U-turn
Finance

Liz Truss said she was absolutely committed to controversial tax cuts — 24 hours later she’s forced into a humiliating U-turn

By Alex Morales, Kitty Donaldson and Bloomberg
October 3, 2022
Liz Truss
Finance

After the pound hits a record low and the Bank of England intervened to the tune of £65 billion, Liz Truss insists ‘this is the right plan’

By Ellen Milligan, Joe Mayes and Bloomberg
September 29, 2022
There was one person who predicted exactly what was going to happen to the U.K. under Liz Truss’s ‘fairy tale’ economics—and he was ridiculed for it
Leadership

There was one person who predicted exactly what was going to happen to the U.K. under Liz Truss’s ‘fairy tale’ economics—and he was ridiculed for it

By
September 29, 2022
I got rich by betting that inequality would destroy the U.S. and U.K. I’m sorry
Commentary

I got rich by betting that inequality would destroy the U.S. and U.K. I’m sorry

By
September 29, 2022
‘This is the right plan.’ Embattled British PM doubles down on tax cuts and borrowing jump as bonds and pound slide
Finance

‘This is the right plan.’ Embattled British PM doubles down on tax cuts and borrowing jump as bonds and pound slide

By Ellen Milligan, Joe Mayes and Bloomberg
September 29, 2022
Ray Dalio says the U.K. is behaving like an emerging market as Bank of England steps in amid continued ‘Trussonomics’ markets chaos
Finance

Ray Dalio says the U.K. is behaving like an emerging market as Bank of England steps in amid continued ‘Trussonomics’ markets chaos

By
September 28, 2022
Bitcoin is outperforming major currencies.
The Coins

The world’s economy is so bad this week that Bitcoin is outperforming major currencies

By Leo Schwartz and Nicolas Rapp
September 27, 2022
Why the market vetoed the U.K.’s budget–and what it means for the changing nature of stimulus around the world
Commentary

Why the market vetoed the U.K.’s budget–and what it means for the changing nature of stimulus around the world

By Philipp Carlsson-Szlezak and Paul Swartz
September 27, 2022
The pound is ‘vulnerable’ and has further to fall, says Brexiteer hedge fund titan who’s up 140% this year shorting U.K. bonds
Finance

The pound is ‘vulnerable’ and has further to fall, says Brexiteer hedge fund titan who’s up 140% this year shorting U.K. bonds

By Nishant Kumar and Bloomberg
September 27, 2022
Lawrence Summers speaking at the Globe Summit

‘I did not expect markets to get so bad so fast’: Larry Summers predicts the pound will fall below parity with U.S. dollar, Euro

By
September 27, 2022
‘Short the pound’ was the hot play for UK hedge funds, with some closely connected to the government. Up next: Investigation?
Finance

‘Short the pound’ was the hot play for UK hedge funds, with some closely connected to the government. Up next: Investigation?

By
September 26, 2022

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