The plan presented by the chancellor of the Exchequer, Rachel Reeves, called for spending increases and higher taxes on the wealthy and the middle class.
Category: Conservative Party (Great Britain)
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RedBird Capital Withdraws Takeover Bid for UK’s Telegraph
The exit by RedBird Capital Partners comes months after it agreed to buy control of the media company in a deal that valued it at $658 million.
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As Britain Lowers Its Voting Age, Some American Teens Fight for the Same in the U.S.
After Britain announced plans to lower the voting age, some American teenagers wondered: When will it be their turn?
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British Government Takes Control of Country’s Last Major Steel Mill
London says it acted to prevent the plant’s Chinese owners from closing the plant, threatening jobs and national security.
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The Spectator Magazine Sold to Paul Marshall, a U.K. Hedge Fund Tycoon
Paul Marshall, a multimillionaire founder and investor in upstart conservative media outlets, has bought the right-wing magazine in a deal worth more $131 million.
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Chancellor Rachel Reeves Axes Projects After Reviewing $28 Billion Budget Hole
Rachel Reeves, the chancellor of the Exchequer, cut some infrastructure funding and pensions benefits, adding that more “difficult decisions” would come later this year.
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U.K. Climate Change Committee Urges Speed in Cutting Emissions
A report by a government body that oversees efforts to reduce greenhouse gases will help underpin the Labour Party’s plans to accelerate renewable energy and other measures.
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How Britain’s Economy Became So Stagnant
After more than a decade of deep budget cuts, slow growth and weak productivity, the country has struggled to overcome years of uncertainty and underinvestment.
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He Won by a Landslide. Why Is He Fighting for His Political Life?
Ben Houchen, a regional mayor in the north of England, faces a close re-election race, partly thanks to the broader troubles of Britain’s Conservative Party.
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Jeff Zucker Abandons Telegraph Bid, Putting London Paper Back Into Play
RedBird IMI said it had withdrawn its attempt to acquire the storied newspaper after a revolt from Conservative Party leaders.
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U.K. Moves to Bar Foreign State Ownership of Newspapers, a Blow to Telegraph Bid
A roughly $1 billion bid from the former CNN chief Jeff Zucker and his Emirati backers raised concerns among lawmakers over a storied conservative newspaper.