Latest Liz Truss News

Eyeing power, UK Labour Party vows to abolish House of Lords

Dec. 05, 2022 09:17 AM EST

LONDON (AP) — Britain’s opposition Labour Party on Monday pledged to scrap Parliament’s unelected upper house if it wins government as part of a raft if policies intended to stake out Labour's ground for the next election. The left-of-center party has been out of power since...

UK opposition wins special election in blow to Sunak's party

Dec. 02, 2022 06:13 AM EST

LONDON (AP) — Britain’s opposition Labour Party has handily won a special election for a northwest England seat in Parliament, the first test of voter sentiment since Conservative Prime Minister Rishi Sunak took office in October. Labour held onto the City of Chester constituency...

UK voters warm to new leader Sunak, but not to his party

Nov. 25, 2022 02:22 AM EST

LONDON (AP) — Rishi Sunak has been Britain’s prime minister for a month. In the tumultuous world of U.K. politics in 2022, that’s an achievement. Sunak, who took office a month ago Friday on Oct. 25, has steadied the nation after the brief term of predecessor Liz Truss....

Relief meets fear as UK budget calms economy but brings pain

Nov. 18, 2022 07:24 AM EST

LONDON (AP) — Britain’s Conservative government on Friday defended its decision to hike taxes for millions of working people in the “squeezed middle” class as it tries to shore up an economy battered by double-digit inflation and the reckless tax-cutting of recently ousted Prime Minister...

UK push to restore finances means higher taxes, energy bills

Nov. 17, 2022 12:08 PM EST

LONDON (AP) — Millions of people across Britain face higher taxes and energy bills after the government on Thursday announced an emergency budget focused on restoring the country’s financial credibility and bolstering an economy battered by soaring inflation. Treasury chief...

UK inflation accelerates to 41-year high of 11.1%

Nov. 16, 2022 13:18 PM EST

LONDON (AP) — Britain’s inflation rate rose to a 41-year high in October, fueling demands for the government to do more to ease the nation’s cost-of-living crisis when it releases new tax and spending plans Thursday. Consumer prices jumped 11.1% in the 12 months through...

Britain's vulnerable await PM's spending plans with anxiety

Nov. 15, 2022 02:44 AM EST

LONDON (AP) — Thirugnanam Sureshan maneuvers his wheelchair into the tiny kitchen of his one-bedroom apartment, flips the switch on an electric kettle and brews a mug of instant coffee. It’s his second hot drink of the day, and it will be his last. The humble countertop kettle...

France and UK sign agreement to curb Channel crossings

Nov. 14, 2022 13:29 PM EST

PARIS (AP) — The U.K. and France signed an agreement Monday that will see more police patrol beaches in northern France in an attempt to stop migrants from trying to cross the English Channel in small boats — a regular source of friction between the two. As scores of people were...

UK’s self-billed 'Scrooge' promises tax rises, spending cuts

Nov. 13, 2022 11:44 AM EST

LONDON (AP) — Britain’s Treasury chief warned Sunday of a coming spending crunch and tax increases for cash-strapped Britons as he bids to fill the “black hole” in the country’s finances. Billing himself as a “Scrooge” figure ahead of Thursday’s Autumn Statement, when...

UK economy shrinks as economists warn of more pain to come

Nov. 11, 2022 06:32 AM EST

LONDON (AP) — Britain’s economy shrank in the three months to September, official statistics said Friday, as forecasters warned of many months of contraction to come. The Office for National Statistics said gross domestic product fell by 0.2% between July and September, a...