About 1,210 articles related to "UK government"

UK's Rishi Sunak becomes richest ever occupant of Number 10

With his ascent to prime minister, Rishi Sunak and his wife Akshata Murthy will become the richest ever occupants of Number 10 Downing Street just as the country struggles with an economic crisis and the government mulls painful spending cuts.

UK government: No spending cuts, no reverse on tax cuts

Britain's new government said on Wednesday it would not reverse its vast tax cuts or reduce public spending as it sought to stand firm in the face of yet more turmoil in financial markets and concerns over its change in economic policy.

Bank of England and new UK government risk policy clash

The Bank of England and Britain's new finance minister Kwasi Kwarteng will test their ability to jointly manage the economy next week, with the BoE set to raise interest rates to fight inflation and Kwarteng eyeing tax cuts which could stoke prices.

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