Britain’s Hammond vows new economic plan

William James|Published

Britain needs a new fiscal plan to navigate the turbulence caused by the nation’s vote to leave the EU, says Finance Minister Philip Hammond.

#Brexit: Corbyn says he is going nowhere

William James|Published

Labour Party leader Jeremy Corbyn said he would resist any attempt to oust him after the country voted to leave the European Union.

Osborne faces rebellion over Brexit budget

William James|Published

Finance minister George Osborne says he will introduce an emergency budget if Britain voted to leave the European Union.

Brexit a ‘costly mistake’

William James|Published

Britain's two most powerful politicians warn that a vote to leave the EU could push the country into a year-long recession and cost half a million jobs.

Potential UK steel buyers baulk at pension liabilities

William James|Published

Tata Steel's pension liabilities are putting off buyers for its British steelmaking operation.

Post-Brexit UK-US deal ‘could take a decade’

William James|Published

A trade deal between Britain and the United States could take five to 10 years to negotiate if Britain votes to leave the European Union, US President Barack Obama ...

Miliband aims to boost economic credentials

William James|Published

Labour leader Ed Miliband is set to unveil a manifesto that pledges to protect Britain’s national finances.

Scottish nationalists seek fiscal autonomy

William James|Published

Scottish nationalists will try to wrestle full control over taxation and spending for Scotland from the UK government if they win kingmaker position in the May election. ...

UK set to raise minimum wage

William James|Published

Britain’s minimum wage will rise by three percent - the biggest real-terms increase since 2008.

Cameron wants more shale gas

William James|Published

Energy independence should top Europe’s political agenda, says British Prime Minister David Cameron.

Britain takes knife to public spending

William James|Published

Britain's finance minister George Osborne is set to unveil his plans for another round of government spending cuts.