Knives are out for Britainโ€™s boxed-in finance minister

If Rachel Reeves succumbs, “the wolves” are likely to turn on embattled PM Starmer.

Forget Elon Musk โ€” hereโ€™s whatโ€™s really terrifying the UK government

A return to austerity was not in Keir Starmer’s plans โ€” and it risks shredding Labour’s credibility while populists snap at its heels.

Liz Truss threatens to sue Keir Starmer for saying she blew up Britain

Former prime minister says claims she “crashed the economy” are “grossly defamatory and indefensible.”

POLITICO London Playbook awards 2024

From minister of the year to WTF moment, Westminster’s essential newsletter picks the winners of 2024.

Wall Street and bitcoin soar to record highs as Trump wins US election

Dollar up and renewable energy stocks down, while shares in president-electโ€™s media business rise by more than a thirdAnalysis: Trump policies mean higher pricesBusiness live โ€“ latest updatesUS election 2024 โ€“ live news updatesWall Street and bitcoin r…

US election officials threaten consequences for counties trying to stop certification

State election officials stress that certifying elections is a ministerial function โ€” local election officials are duty-bound to certify results, and that it is not optional.

โ€˜The threat remainsโ€™: Trumpโ€™s path to overturning a 2024 defeat

The very real scenario where Trump loses and takes power anyway.

Trumpโ€™s golf habit has raised alarms about security for years

The open expanses of golf courses pose special security concerns for the Secret Service.

Food shortages hit tribal populations, low-income seniors in US

Questions about USDAโ€™s response remain as food aid shortages are still hitting tribal populations and low-income seniors across the country.

Port Talbot steel union suspends strike; French share prices jump after elections โ€“ business live

Live, rolling coverage of business, economics and financial markets as Unite suspends Tata Steel strike and Marine Le Penโ€™s National Rally set to be largest party in FranceUK mortgage approvals dipped slightly in May, but were right in line with expect…

The pound is partying as Sunakโ€™s election gambit dashes June rate cut hopes

Sterling is at its highest level since Britain voted to leave the EU in 2016.

Bank of England leaves key interest rate at 5.25 percent

Governor Andrew Bailey opens the door to a first rate cut in June, but warns it’s โ€œnot a fait accompliโ€.

MP calls Royal Mail delivery cuts a โ€˜slap in the face for familiesโ€™ โ€“ business live

Live, rolling coverage of business, economics and financial markets as UK postal service says it wants to cut 1,000 jobs and cut delivery daysThe question on economistsโ€™ lips after the surprise easing of eurozone inflation is: will the European Central…

Russiaโ€™s sanction-proofed economy is helping it avoid a defeat in Ukraine

The American right’s destructive isolationism, Europeโ€™s arguably glacial approach, and sanctions that havenโ€™t fully impeded the Kremlin all make Russiaโ€™s expulsion increasingly unlikely.

Labour called on to quash snooping bank bill

SNEAK PEEK โ€” Labour peer criticizes own partyโ€™s efforts on DWP snooping bill. โ€” Hunt and Martin Lewis at odds over budget leaks. โ€” Insurers finally extend flammable cladding home cover.ย  Happy Thursday! Weโ€™re all so close to the end of the week but there are still plenty of financial services goodies to get through [โ€ฆ]

Welcome to budget week

SNEAK PEEK โ€”ย  Wednesdayโ€™s budget looms and weโ€™ve got the details. โ€”ย  Bank of England told to clamp down on excessive compliance breaches. โ€”ย Change of rules to allow fractional shares in ISAs set for delay. Good morning readers! We probably donโ€™t need to remind you that itโ€™s budget week this week. Itโ€™s going to be [โ€ฆ]

Government eyes City as conduit for philanthropy

SNEAK PEEK โ€• Government wants City firms to encourage wealthy clients to give money to charities. โ€• Market-based finance causing headaches for the Bank of England. โ€• Hunt warned not to cut taxes without spending review. Good morning! I hope you all survived the arctic-like weather yesterday and are sufficiently warm enough to read todayโ€™s [โ€ฆ]

Brexitโ€™s latest twist: Britain pushes the EU to increase red tape

The City of London was supposed to have been set free by Britain’s departure from the EU. That’s not how it’s turning out.

UK inflation lower than expected

Consumer prices in the United Kingdom stood at 4 percent in January, unchanged from December and defying expectations of a renewed pick-up, data released by the Office for National Statistics showed Wednesday. Analysts polled by Reuters ahead of the release had projected inflation to accelerate to 4.2 percent at the start of the year. Core [โ€ฆ]

Will I have to pay inheritance tax twice on a Netherlands property?

I wonder if bringing proceeds from sale of parentsโ€™ home to UK for a deposit means I have to pay againQ Iโ€™m selling my parentsโ€™ home in the Netherlands after my brother and I inherited it. Weโ€™ll have to pay inheritance tax in the Netherlands but if I b…

Missing EU: Scotlandโ€™s nationalists make fresh pitch to undo Brexit

Scotland’s government wants to take the country independent and then join the EU. It’s a tricky path to get there.

The specter of Liz Truss still haunts Britain

Economic and political storm clouds still linger over the U.K.

UK visitor numbers up amid signs of shift away from mainland Europeโ€™s extreme heat

Tourism to UK close to pre-Covid levels as Czech Republic, Ireland and Denmark also leap in popularityWhere once holidaymakers flocked south for the summer in search of scorching getaways, the climate emergency may be signalling a reversal of that tren…