Prime Minister Unveils Wide-Ranging Cabinet Reshuffle to Steady Government and Markets
Downing Street says chancellor will stay as the prime minister replaces senior figures in a bid to restore order after a political scandal
Business & Markets News
Keir Starmer names David Lammy deputy prime minister after Angela Rayner quits cabinet
Reshuffle follows Rayner's admission that she underpaid stamp duty and her resignations from the cabinet and as deputy Labour leader
Power NI raises electricity tariff 4% after regulator review; SSE Airtricity to cut some gas prices
Power NI says higher pass-through and network costs make a second rise in under a year unavoidable, while SSE Airtricity will cut gas tariffs in parts of Northern Ireland from Oct. 1.
Oil Trade Deepens Ties Between Russia, China and India
Leaders’ meeting at the SCO summit in Tianjin underscored an energy-driven alignment as discounted Russian crude draws Beijing and New Delhi amid Western sanctions and tariffs
Reform UK deputy signals potential rethink of £90bn tax-cut pledge
Richard Tice says manifesto written in 2024 may not suit the next election as party focuses on savings amid strained public finances
Shein probes use of alleged killer's likeness in product listing
Fast-fashion platform says a third-party vendor supplied the image and it has been removed as it investigates how the likeness appeared
Reeves Rejects Claims of £50bn 'Black Hole' as Borrowing Costs Hit 27-Year High
Chancellor dismisses forecasts ahead of 26 November Budget as markets push up long-term borrowing costs
U.K. Tribunal Says Calling Bosses a ‘D–khead’ Did Not Justify Summary Dismissal
A supervisor who swore at husband-and-wife managers was awarded more than $40,000 after a judge found the firing was wrongful.
U.S. Adds Just 22,000 Jobs in August as Labor Market Shows Fresh Weakness
Bureau of Labor Statistics reports revisions that turn June into a jobs loss; weekly claims rise modestly while unemployment ticks up to 4.3%