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Britain's housing market has been rocked by the UK government's costly budget, as retail banks pull mortgage rates in anticipation of more costly products, sparking fears of tumbling home prices.

Palestinians warn British PM against moving UK Embassy to Al-Quds

Palestinians have expressed outrage over reports that British Prime Minister Liz Truss is considering relocating the UK Embassy in Tel Aviv to the occupied holy city of Al-Quds in a controversial decision that would follow in former US president Donald Trump’s footsteps.

UK unemployment hits lowest since 1974 but jobs boom is fading

Britain's jobless rate hit its lowest since 1974 but the drop was due mostly to a fall in the size of the workforce and there were other signs that the country's jobs boom is petering out, adding to the Bank of England's inflation headache.

New British PM makes history with non-white top appointments

Liz Truss’s new Cabinet is Britain’s most diverse ever, with women serving as prime minister and deputy prime minister and Black and South Asian politicians filling many of the top jobs.

Liz Truss elected as new UK prime minister

Liz Truss was elected as the UK Conservative Party’s new leader, the party announced Monday, and she thus will become Britain’s new prime minister as the country faces an acute cost-of-living crisis.

UK economy shrank record 11% in 2020, worst since 1709

Britain recorded its biggest fall in output in more than 300 years in 2020 when it faced the brunt of the COVID-19 pandemic, as well as a larger decline than any other major economy, updated official figures showed on Monday.

British dock workers latest to join summer of strikes

Workers at Britain's biggest container port, Felixstowe, on Sunday began an eight-day strike over pay, in the latest industrial action as decades-high inflation intensifies the country's cost-of-living crisis.

Strikes bring London's transport network to a halt

London's transport network ground to a halt on Friday as train and bus workers held strikes over pay and conditions, the latest in a summer of labour market disputes as double-digit inflation eats into wages.

Severe rail disruption across UK as train drivers strike over pay

Rail passengers faced huge disruption or be unable to travel on Saturday as train drivers at nine operating companies staged a 24-hour strike, halting services in many parts of England, Scotland and Wales.

UK declares drought in parts of England amid heatwave

European firefighters join battle to stop French wildfires

Flight disruption in UK was worst in Europe in recent months, says TUI

Flight disruption in the UK was the worst in Europe in recent months, according to TUI, while Manchester was the most-affected airport, as the travel operator reported a €75m (£63m) hit from air traffic chaos.

People turning back to cash as prices rise in UK

British People are going back to cash to keep tighter control on their spending as living costs soar, according to new research by the Post Office.

UK inflation will soar to ‘astronomical’ levels over next year, think tank warns

Inflation will soar to “astronomical” levels over the next year forcing the Bank of England to raise interest rates higher and for longer than previously expected, according to a leading think tank.

China probes banking inspector in Henan province after fraud case, protests

China's banking regulator on Sunday said it is investigating an inspector at its bureau in Henan Province, which has seen protests by depositors unable to retrieve funds following suspected fraud at a number of rural lenders.

UK leadership candidate Truss pledges to ditch all EU laws by 2023

Liz Truss, the leading candidate to succeed Boris Johnson as British prime minister, promised to scrap all remaining European Union laws that still apply in Britain by 2023 if she wins the Conservative Party leadership contest.