British Prime Minister Liz Truss tried to reassure her party and the public on Sunday by saying she should have done more to "lay the ground" for an economic plan that saw the pound fall to record lows and government borrowing costs soar.

British Prime Minister Liz Truss heads to her Conservative Party conference next week with a packed diary of "meet and greets" to try to win over lawmakers angry over an economic plan that triggered market chaos and badly eroded support.

The BoE intervention followed criticism Tuesday from the IMF, which argued that Britain's budget could increase inequality and worsen inflation.

The British maker of the orange fizzy drink Irn Bru on Tuesday flagged a hit to its second-half margins as it grapples with rising costs and consumers curbing their spending.

Rock-bottom investor confidence in Britain will only recover if finance minister Kwasi Kwarteng scraps the economic plan that unleashed such turmoil in financial markets, leading economists, investors and banks warned on Tuesday.

Britain's new finance minister Kwasi Kwarteng unleashed historic tax cuts and huge increases in borrowing on Friday in an economic agenda that floored financial markets, with sterling and British government bonds in freefall.

Jennifer Aniston and Meghan Markle are said to be huge fans of each other, so they immediately hit off shortly after they became neighbours.

British Prime Minister Liz Truss will call on like-minded nations to combat authoritarianism together, drawing on Russia's invasion of Ukraine to underline the need to push back against those "who weaponise the global economy".

Economists around the world, from the most liberal free-spenders to fiscal conservative deficit hawks, largely agreed the coronavirus pandemic required a go-big, go-fast policy response to avoid an outright global depression.

Britain's new Prime Minister Liz Truss on Wednesday readied the final details of a plan to tackle soaring energy bills, which looks likely to cool inflation but add more than 100 billion pounds ($115 billion) to the country's borrowing.

New British Prime Minister Liz Truss and her finance minister Kwasi Kwarteng look set to revive Margaret Thatcher's 1980s experiment in "trickle-down" low-tax economics, the results of which have been disputed ever since.

Undaunted, Truss declared from the steps of 10 Downing Street Tuesday that tax cuts would indeed form part of her package to address economic turmoil stoked by Russia's war in Ukraine and the pandemic aftermath.

In Kwasi Kwarteng, Prime Minister Liz Truss has picked an ideological ally as Britain's new finance minister, charging him with tackling a cost-of-living crisis with a tax-cutting, big-spending plan that has worried markets.

British shoppers are cutting back on purchases of clothes and other non-essential items as they try to cover their sky-rocketing utility bills and higher food prices, surveys showed on Tuesday.

Thousands of Hungarians protested in Budapest Friday against low pay and poor working conditions for schoolteachers amid worsening staff shortages.

In less than two years at the helm of Citigroup Inc, Jane Fraser has unveiled plans to exit Russia in a bid to pare down risky assets and cull consumer businesses in 13 other countries to focus on multinational companies and the wealthy.

The European Union will urge the world's biggest economies to improve their targets to fight climate change ahead of this year's U.N.

Americans bearing heavy college debt loads welcomed U.S.

Mikel Arteta is keen to make further additions to his squad but needs to first trim his first-team squad to make room for new arrivals.

Manchester United are ready to meet Ajax's asking price to bring Antony to Old Trafford before the Sept. 1 transfer deadline.

Chelsea want to sign Wesley Fofana, Anthony Gordon and Pierre-Emerick Aubameyang this summer but are unable to agree deals with their respective clubs.

It's a weekday, but 50-year-old Lebanese finance ministry employee Walid Chaar is not at work and hasn't been since June.

From $300 bucket hats to $900 sneakers and $700 t-shirts, the high-flying luxury sector is fretting over the appetite among financially stretched Gen Z consumers for such "aspirational" purchases.

Chelsea are the biggest spenders in England thus far this summer and the Blues have no intention of slowing down with the club expected to spend at least £200m more.

A spike in wholesale energy prices has fed into retail charges for businesses and households.

Italy's conservative bloc will cut taxes, crack down on immigration and scrap the current system of welfare benefits if it wins next month's election as expected, the group said in a joint manifesto.

Mikel Arteta wants to add a wide forward to his squad this summer, and after losing out on Raphinha, they are now targeting Villarreal's Yeremy Pino.

Chelsea will fail in their bid to sign Frenkie de Jong after FC Barcelona president Joan Laporta confirmed that he will remain at the Camp Nou this summer.

The Bank of England raised interest rates by the most in 27 years on Thursday in an attempt to smother surging inflation on track to top 13%, even as it warned a long recession is coming.

The West's energy giants are set to return a record $30 billion to investors after reporting bumper profits in the second quarter of the year following a surge in energy prices.