Latest Liz Truss News

Soaring food and energy costs drive UK inflation to 10.1%

Aug. 17, 2022 03:51 AM EDT

LONDON (AP) — Britain’s inflation rate rose to a new 40-year high of 10.1% in July, as rising food prices tightened a cost-of-living squeeze fueled by soaring energy prices. The Office for National Statistics said Wednesday that consumer prices inflation hit double digits, a jump...

'China threat' emerges in elections from UK to Australia

Aug. 14, 2022 12:23 PM EDT

LONDON (AP) — It's not just the economy. While inflation and recession fears weigh heavily on the minds of voters, another issue is popping up in political campaigns from the U.K. and Australia to the U.S. and beyond: the “China threat." The two finalists vying to become...

Latvia, Estonia leave China-backed East Europe forum

Aug. 12, 2022 12:15 PM EDT

BEIJING (AP) — Latvia and Estonia say they have left a Chinese-backed forum aimed at boosting relations with Eastern European countries, in what appears to be a new setback for China's increasingly assertive diplomacy. The move follows China’s boosting of its relations with...

UK meets energy firms but no help yet for hard-hit consumers

Aug. 11, 2022 09:51 AM EDT

LONDON (AP) — British Prime Minister Boris Johnson and senior ministers held inconclusive talks Thursday with energy companies amid mounting pressure to help residents cope with soaring gas and electricity prices. Johnson, who is in his final weeks as prime minister, joined...

China appears to wind down threatening wargames near Taiwan

Aug. 10, 2022 08:53 AM EDT

BEIJING (AP) — China on Wednesday repeated military threats against Taiwan while appearing to wind down wargames near the self-governing island it claims as its own territory that have raised tensions between the two sides to their highest level in years. The message in a lengthy...

In race to win, UK Conservatives accused of ignoring crises

Aug. 10, 2022 03:51 AM EDT

LONDON (AP) — As Britain swelters through a roasting summer, and braces for a cold financial reckoning in the fall, calls for the Conservative government to act are getting louder. But the Conservatives are busy choosing a new leader, through a prolonged party election whose...

Bank of England predicts recession at the end of the year

Aug. 04, 2022 13:31 PM EDT

LONDON (AP) — The Bank of England announced its biggest interest rate increase in 27 years on Thursday as it forecast that the war in Ukraine would fuel further inflation and tip the U.K. economy into a prolonged recession. Soaring natural gas prices are likely to drive consumer...

England-US women's game at Wembley sells out in one day

Aug. 03, 2022 12:03 PM EDT

LONDON (AP) — England's women's soccer team is continuing to generate unprecedented fan interest following its European Championship victory, with its planned game against the United States at Wembley Stadium in October selling out in less than a day. The game pitting the European...

UK leadership election rules changed over security fears

Aug. 03, 2022 06:53 AM EDT

LONDON (AP) — Britain’s governing Conservative Party said Wednesday that it has delayed sending out ballots for the party’s leadership election after a warning from the U.K. intelligence services about the risk of fraud. Ballots had been due to be mailed out early this week to...

UK leadership favorite Truss stumbles over plan to slash pay

Aug. 02, 2022 09:50 AM EDT

LONDON (AP) — British Foreign Secretary Liz Truss, front-runner in the race to succeed Prime Minister Boris Johnson, was forced into a policy U-turn Tuesday, dropping a proposal to cut some public sector salaries after the idea drew scorn from fellow Conservatives. The blow came...