Financial Crisis

Sunak takes over as UK prime minister amid economic crisis
Oct 25, 2022

Sunak takes over as UK prime minister amid economic crisis

Rishi Sunak has become Britain’s third prime minister of the year


Sunak leads in race for UK leader; Johnson yet to declare
Oct 23, 2022

Sunak leads in race for UK leader; Johnson yet to declare

Former British Treasury chief Rishi Sunak is frontrunner in the Conservative Party’s race to replace Liz Truss as prime minister


Boris Johnson, ousted by scandal, eyes comeback as UK leader
Oct 21, 2022

Boris Johnson, ousted by scandal, eyes comeback as UK leader

Several British lawmakers are jockeying to become the country’s next leader following the implosion of Liz Truss’ historically short-lived government


Truss quits, but UK's political and economic turmoil persist
Oct 20, 2022

Truss quits, but UK's political and economic turmoil persist

British Prime Minister Liz Truss quit Thursday after a tumultuous and historically brief term in which her economic policies roiled financial markets and a rebellion in her political party obliterated her authority


Oct 20, 2022

US stocks rise as big earnings week continues, Tesla slides

Stocks rose in morning trading on Wall Street as markets continue an unsteady search for direction amid more mixed news on company earnings


UK PM Truss vows to stay, but is on brink as minister quits
Oct 19, 2022

UK PM Truss vows to stay, but is on brink as minister quits

The government of British Prime Minister Liz Truss is teetering on the verge of collapse, just hours after she vowed to keep governing


UK leader Liz Truss faces test in Parliament, seeks lifeline
Oct 19, 2022

UK leader Liz Truss faces test in Parliament, seeks lifeline

British Prime Minister Liz Truss is set for a House of Commons grilling as she tries to fend off calls to quit over her botched economic plan


New UK Treasury chief to aims to calm markets with statement
Oct 17, 2022

New UK Treasury chief to aims to calm markets with statement

Britain’s new Treasury chief will announce details of his tax and spending plans, two weeks ahead of schedule, in a bid to calm markets roiled by the government’s economic policies


Oct 14, 2022

Stocks fall broadly on Wall Street as inflation worries grow

Stocks fell on Wall Street as investors weighed the latest updates on the outlook on inflation, consumer spending and corporate earnings


Media: UK Treasury chief out as prime minister plans U-turn
Oct 14, 2022

Media: UK Treasury chief out as prime minister plans U-turn

British media say Treasury chief Kwasi Kwarteng has left the government, ahead of an announcement by Prime Minister Liz Truss on changes to an economic package that sparked market turmoil



The Budget Report

Delivers the latest news of various finance and economic status in the ever-changing world economy to make sure everyone is up-to-date with the current trends.