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UK mini-budget carries significant risks

Location:

UNITED KINGDOM

Among the key short-term measures to tackle inflation is the energy price guarantee (EPG), which will limit the average household energy bill to GPB2,500 (USD2,700) for the next…

UK policy storm may spread fears of financial risk

Location:

UK/INT

UK policy has become the key example of policy failure. Although that mayhem stems largely from domestic vulnerabilities, the underlying problems -- policymakers’ efforts to…

UK government’s fiscal plans are not sustainable

Location:

UNITED KINGDOM

Despite the short-term improvement in the fiscal position, the budget does not make major changes to macroeconomic policy or reverse planned tax increases. Instead, the government…

US congressional hearings step up pressure on Trump

Location:

UNITED STATES

In the opening hearing, held on the evening of June 9 and watched by some 20 million people, the committee set out its intent to show the part played by former President Donald…

UK prime minister will likely remain in power for now

Location:

UNITED KINGDOM

As many as a dozen lockdown parties are now alleged to have been held at Downing Street, significantly damaging Johnson’s support among the public and his Conservative Party. His…

Next UK leader will struggle to unify ruling party

Location:

UNITED KINGDOM

The party could elect a new leader by early September. Johnson’s successor will take over a deeply divided party with declining public support and pressing questions over what it…

UK prime minister is unlikely to survive full-term

Location:

UNITED KINGDOM

The vote was triggered by MPs from Johnson’s Conservative Party disillusioned by multiple breaches of COVID-19 regulations in his office and the party’s dwindling support…

US trade deal remains a key priority for UK government

Location:

UNITED KINGDOM

However, the departure of former US President Donald Trump -- who was an enthusiastic supporter of Brexit and UK Prime Minister Boris Johnson -- has made this harder to achieve.

New UK leader will struggle to unite ruling party

Location:

UNITED KINGDOM

Sunak's accession and his decision to keep Jeremy Hunt as chancellor has helped to restore market stability. However, the current economic situation leaves his government facing…