UK

Rishi Sunak won an endorsement from financial markets in his first days as prime minister, and even some favorable polling numbers from the British public. His first full week in power may be more challenging. The new premier’s economic…

Britain’s Prime Minister Rishi Sunak is seeking to build a buffer in the public finances as he draws up an economic plan to plug the country’s budget shortfall, which could entail tax rises and spending cuts totalling as much as £50…

U.S. President Joe Biden and new British Prime Minister Rishi Sunak agreed Tuesday to enhance bilateral cooperation on issues critical to global security and prosperity, touching on the need to support Ukraine in its fight against Russia…

Rishi Sunak is expected to keep Jeremy Hunt as chancellor of the Exchequer, as he seeks to calm markets and form a united government when he becomes Britain’s prime minister on Tuesday. Sunak will formally take over from Liz Truss…

India successfully placed 36 satellites in space for a British communications firm on Sunday, consolidating its attempts to occupy a void created in the global commercial satellite launch market as customers steer clear of Russian launch…

Boris Johnson and Rishi Sunak, contenders to be the next UK prime minister, held face-to-face talks on Saturday to discuss the Conservative leadership contest, seeking a deal that would eliminate the need to take a potentially divisive…

Jamie Dimon makes a point of introducing himself to new chancellors of the exchequer in Britain, where JPMorgan Chase, the bank he runs, has a large presence. It is a task that is keeping him busy lately. Dimon spoke with Kwasi Kwarteng…

Rishi Sunak held an early advantage in the latest race for the Conservative Party leadership, with the former chancellor securing the backing of at least 100 Tory MPs and ensuring he will proceed to the ballot of party members next week if…

After years of denying the downsides of Britain's split from the European Union, the Brexit taboo is starting to lift in the governing Conservative Party and the country's right-wing press. Brexit has caused a "calamitous loss of…

US President Joe Biden dismissed the risks of a strong US dollar and instead blamed anaemic growth and policy missteps in other parts of the world for dragging down the global economy. “I’m not concerned about the strength of the dollar,…