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☆ Gilgo Beach murders: timeline of the case and investigation
▼ + stars: | 2024-01-15 | by ( Emma Tucker | Authorities Find First Remains In Gilgo Beach Murders | ) edition.cnn.com time to read: +12 min

CNN has reached out to Heuermann’s attorney, the Suffolk County District Attorney’s Office and the Suffolk County Police Department for comment. Here is a timeline of the Gilgo Beach killings, how the investigation unfolded and what ultimately led to Heuermann’s arrest. Two days later, investigators discovered the remains of three additional victims – Maureen Brainard-Barnes, Amber Costello and Megan Waterman – strewn across a half-mile stretch on Gilgo Beach. Authorities later said they believed Gilbert’s death may have been accidental and not related to the Gilgo Beach slayings. The task force included the Suffolk County Police Department, the Suffolk County Sheriff’s Office, the New York State Police and the FBI.

Persons: Long, Rex Heuermann, ” Heuermann, Melissa Barthelemy, Megan Waterman, Amber Costello, Maureen Brainard, Barnes, Heuermann, Amber Lynn Costello, Shannan Gilbert, hadn’t, “, Barthelemy, ”, Jane Doe, Jessica Taylor, Spencer Platt, Steve Cohen, Barthelemy’s, Cohen, James Carbone, WH ”, Geraldine Hart, “ Jane Doe, Valerie Mack, Hart, Rodney Harrison, Ray Tierney, surveilling, “ Brainard, Tierney, Harrison, Eduardo Munoz Alvarez Organizations: CNN, Authorities, Attorney, CNN Sunday, Attorney’s Office, Suffolk County Police Department, Police Department, Police, Craigslist, Garden, Getty, New York’s Suffolk County Police Department, FBI, Suffolk County Police, Sheriff’s Office, New York State Police, New, Suffolk County Crime Laboratory, RH, & Associates Locations: Shore, York, Suffolk County, Suffolk, Megan Waterman Suffolk, Gilgo Beach, Gilgo, Jersey City , New Jersey, Manhattan, Madison, Manorville, Long, Wantagh , New York, Nassau County, New York City, Fire, Beach, Oak Beach , New York, ”, New York’s Suffolk County, Philadelphia, New York, Heuermann, Yaphank

☆ Labour leader Starmer praises Thatcher in bid to woo UK Conservative voters
▼ + stars: | 2023-12-03 | by ( ) www.reuters.com time to read: +2 min

Keir Starmer, leader of Britain's Labour Party, speaks during the Prime Minister's Questions, at the House of Commons in London, Britain November 29, 2023. UK Parliament/Jessica Taylor/Handout via REUTERS/File Photo Acquire Licensing RightsLONDON, Dec 3 (Reuters) - Keir Starmer, leader of Britain's main opposition Labour Party, has praised former Prime Minister Margaret Thatcher, a deeply unpopular figure among many Labour supporters, as he seeks to woo Conservative voters before an election expected next year. Thatcher, dubbed the "Iron Lady" by the UK press at the time, was Britain's Conservative leader from 1979 to 1990. "Every moment of meaningful change in modern British politics begins with the realisation that politics must act in service of the British people, rather than dictating to them," Starmer wrote in an article for the Sunday Telegraph newspaper. After hailing Thatcher, Starmer wrote that Labour had "changed dramatically in the last three years".

Persons: Keir Starmer, Jessica Taylor, Handout, Britain's, Margaret Thatcher, Starmer, Rishi Sunak's, Thatcher, Tony Blair, Clement Attlee, Jeremy Corbyn, Victoria Atkins, Margaret Thatcher's, Michael Holden, Bernadette Baum Organizations: Britain's Labour Party, REUTERS, Labour Party, Labour, Conservative, Sunday Telegraph, Sky News, Thomson Locations: London, Britain

SummaryCompanies UK business investment has lagged since Brexit"Largest business tax cut" in modern history-HuntTax break costs 11 bln stg a yearOBR forecasts 3 bln stg a year investment boostLONDON, Nov 22 (Reuters) - Britain's finance minister Jeremy Hunt made a tax break for business investment permanent on Wednesday, aiming to kickstart growth in the country's sluggish economy. Hunt hopes that by making permanent the tax break known as "full expensing", companies will spend more on new kit and technology, lifting productivity. This is the largest business tax cut in modern British history," Hunt said in his Autumn Statement on Wednesday. BT (BT.L), a beneficiary of the tax break as it is investing billions in building a new fibre network, welcomed Hunt's move. British business investment has trailed that of other developed economies, according to research from the International Monetary Fund.

Persons: Jeremy Hunt, Hunt, Hunt's, Philip Jansen, Jessica Taylor, Handout, Stephen Phipson, Robert Forrester, David Milliken, Kylie MacLellan, Sarah Young, Kate Holton, Alex Richardson Organizations: LONDON, BT, Labour, Conservatives, Britain's, REUTERS Acquire, International Monetary Fund, Vertu, BBC Radio, Thomson Locations: Britain, London, British

☆ British tax cut spells trouble in store for next government
▼ + stars: | 2023-11-22 | by ( William Schomberg | ) www.reuters.com time to read: +4 min

UK Parliament/Jessica Taylor/Handout via REUTERS Acquire Licensing RightsLONDON, Nov 22 (Reuters) - British finance minister Jeremy Hunt's big tax cut surprise could help the ruling Conservatives recover some favour among voters, but it threatens to store up budget problems for whichever party wins power after the expected 2024 election. Combined with his decision to make permanent the incentives for business investment announced earlier this year, Hunt's package of tax cuts would be worth about 20 billion pounds ($25 billion)a year by the 2028/29 tax year. "The giveaways announced today are funded by handing whoever wins the next election implausibly large spending cuts," Torsten Bell, chief executive of the Resolution Foundation, said. Hunt is likely to remain under pressure from within his party to go further with more tax cuts in a final pre-election budget statement expected in March. "There's a material risk that those plans prove undeliverable and today's tax cuts will not prove to be sustainable," Johnson said.

Persons: Jeremy Hunt, Jessica Taylor, Handout, Jeremy Hunt's, Hunt, Liz, Rishi Sunak, Labour Party's, Rachel Reeves, Torsten Bell, Investec, David Jones, Paul Johnson, Johnson, William Schomberg, Elizabeth Piper, Alexander Smith Organizations: REUTERS Acquire, Wednesday, Labour, Conservative, Bank of England, Institute for Fiscal Studies, Thomson Locations: London, Britain, British

☆ Biden’s ‘Up-Ticket’ Ballot Strategy
▼ + stars: | 2023-11-10 | by ( Susan Milligan | Lauren Camera | ) www.usnews.com time to read: +9 min

Is the 80-year-old Biden (who turns 81 on Nov. 20) uniquely vulnerable because of his age and other issues? We'll get you copies of all those other polls," Biden said as he prepared to leave for a speech before United Auto Workers in Illinois. A lot of Biden's policies are toxic," O'Connell adds, ticking off the border and inflation along with the president's age. Democrats, meanwhile, believe they can benefit not just from the abortion issue but discontent toward Trump, whose favorability numbers with the general electorate are on par with Biden's . With stubbornly low approval ratings a year out from the election, Biden will need all the help he can get.

Persons: Joe Biden, –, Biden, ”, Jason Cabel Roe, Roe, Cook, Jessica Taylor, Donald Trump, I'm, We'll, Barack Obama, David Axelrod –, Julie Chavez Rodriguez, Kamala Harris, Andy Beshear, Daniel Cameron's, Beshear, A’shanti Gholar, Glenn Youngkin, Youngkin, Sen, Tim Kaine, “, Trump, Wade, Mike Johnson, Johnson, Nikki Haley, Tim Scott of, Ron DeSantis, Chris Christie, Vivek Ramaswamy, Haley, Ford O'Connell, O'Connell, State Jena Griswold, Gholar Organizations: Democratic, Republicans, Democratic Party, Michigan Republican Party, Kentucky, New York Times, Siena, CNN, United Auto Workers, Biden, Jackson, Health Organization, Kentucky GOP, Bluegrass State, GOP, Republican, Supreme, Louisiana Republican, Democrats, South Carolina Gov, Florida Gov, New, New Jersey Gov, Colorado, State Locations: Ohio, Virginia, New Jersey, New Hampshire, Illinois, Arizona, Georgia, Nevada , Pennsylvania, Michigan, Wisconsin, South Carolina, Dobbs v, Kentucky, Southern, Louisiana, Tim Scott of South Carolina, Florida

☆ Britain's Keir Starmer plots painstaking path to power
▼ + stars: | 2023-10-05 | by ( Elizabeth Piper | ) www.reuters.com time to read: +10 min

[1/2] British Labour Party leader Keir Starmer speaks during Prime Minister's Questions, at the House of Commons in London, Britain, May 24, 2023. Hours later, those from the opposition Labour party were summoned by senior members in charge of discipline and ordered to delete the posts and apologise. Welcome to Keir Starmer's Labour Party. "Thanks to Keir Starmer's leadership, voters see a changed Labour Party that is ready to change the country with a mission-driven government," a Labour spokesperson said when asked to comment for this story. 'CORBYN WITHOUT THE MADNESS'Named after the founder of the Labour Party, Keir Hardie, Starmer was brought up in a staunchly left-wing household.

Persons: Keir Starmer, Jessica Taylor, Handout, Gene Simmons, Simmons, Islam, Keir Starmer's, Jeremy Corbyn, we've, Starmer, Tony Blair, Rishi Sunak, Keir Hardie, Charlie Falconer, Claire Ainsley, Olaf Scholz, Australia's Anthony Albanese, Ainsley, Falconer, COVID, Keir, Mark Stephens, Blair, Starmer's, Andrew Cooper, David Cameron, Cooper, David Clarke Organizations: British Labour Party, REUTERS, Labour, Reuters, Keir Starmer's Labour Party, Conservatives, Conservative, Labour Party, Policy Institute, Labor Party, Public Prosecutions, Critics, Board, Police Service, Northern, Human, OF, DPP, of Human, Reigate Grammar, Thomson Locations: London, Britain, Australia, Germany, U.S, Caribbean, Uganda, Reigate

☆ Britain's finance minister to announce higher minimum wage
▼ + stars: | 2023-10-01 | by ( ) www.reuters.com time to read: +2 min

UK Parliament/Jessica Taylor/Handout via REUTERS/File Photo Acquire Licensing RightsMANCHESTER, England, Oct 1 (Reuters) - British finance minister Jeremy Hunt on Monday will announce a rise in the minimum wage in his annual Conservative party conference speech, where he is expected to ignore a growing clamour for tax cuts within his party. On Monday Hunt will announce that the living wage, the minimum wage for workers over 23 years old, will rise to at least 11 pounds ($13.42) an hour from 10.42 pounds. Prior to Hunt's speech, former Prime Minister Liz Truss will put pressure on the government to lower taxes in her only expected intervention at this year's conference. A year ago as prime minister, she had to scale back her tax-cutting plans in a U-turn at conference, and the market turmoil she sparked forced her resignation in October. However, since then she has stuck to her message that lower tax, especially for businesses, is part of what Britain needs to spark growth.

Persons: Jeremy Hunt, Jessica Taylor, Handout, Michael Gove, Hunt, Rishi Sunak's, Liz Truss, Alistair Smout, Elizabeth Piper, Andrew MacAskill, Emelia Sithole Organizations: REUTERS, Rights, Conservative, Bank of England, Low, Thomson Locations: London, Britain, Rights MANCHESTER, England, British

☆ UK's Jeremy Hunt plans ISA overhaul to boost share ownership, Financial Times reports
▼ + stars: | 2023-09-22 | by ( ) www.reuters.com time to read: +1 min

British Chancellor of the Exchequer Jeremy Hunt holds a Ministerial Statement at the House of Commons in London, Britain, June 26, 2023. ISAs enable people to hold savings and investments without paying tax on interest or capital gains. According to the FT report one radical option being considered is an additional ISA allowance for investing in UK companies. Other options being discussed include enabling cash savings and stock market investments to be held within a single ISA, rather than separately as they are now, enabling people to save and invest tax-efficiently, the report said. The UK's Treasury did not immediately respond to a Reuters' request for comment on the report.

Persons: Jeremy Hunt, Jessica Taylor, Handout, Akanksha, Leslie Adler Organizations: Financial Times, Treasury, ISA, Thomson Locations: London, Britain, REUTER, Bengaluru

☆ Britain may designate genomics sector as critical infrastructure
▼ + stars: | 2023-09-11 | by ( Alistair Smout | ) www.reuters.com time to read: +2 min

British Deputy Prime Minister Oliver Dowden speaks during the Prime Minister's Questions at the House of Commons in London, Britain, July 12, 2023. UK Parliament/Jessica Taylor/Handout via REUTERS Acquire Licensing RightsLONDON, Sept 11 (Reuters) - Britain is exploring designating its genomics sector as critical national infrastructure, Deputy Prime Minister Oliver Dowden said on Monday, amid pressure from lawmakers concerned at China's activity in the field. Asked by one of those lawmakers if Britain would designate the genomics sector as critical national infrastructure, Dowden said it was a legitimate point which he was considering. "It's not currently designated as such, but in my role in the cabinet office, I keep the register of critical national infrastructure under review, and it's something which I am exploring," he told lawmakers. Critical national infrastructure (CNI) is infrastructure that, if compromised, could have a major detrimental impact on essential services or a significant impact on national security.

Persons: Oliver Dowden, Jessica Taylor, Handout, Dowden, It's, Alistair Smout, Mark Potter Organizations: REUTERS Acquire, Reuters, National Security and Investment, Thomson Locations: London, Britain

Net borrowing, excluding state-owned banks, stood at 4.3 billion pounds ($5.49 billion) last month, less than the median forecast of 5.0 billion pounds in a Reuters poll of economists. In the first four months of the financial year, borrowing stood at 56.6 billion pounds. "As inflation slows, it's vital that we don’t alter our course and continue to act responsibly with the public finances," Hunt said in a statement after the data. Interest costs rose by 1.5 billion pounds compared with July last year to 7.7 billion pounds, the highest for July since records began in April 1997. The public finances were boosted by inflows of self-assessed income tax receipts which are typically strong in July, which stood at 11.8 billion pounds, 2.5 billion pounds more than in July last year.

Persons: Jeremy Hunt, Jessica Taylor, Handout, Hunt, Rishi Sunak, Liz Truss's, Ruth Gregory, Gregory, Gabriella Dickens, William Schomberg, Sachin Ravikumar, Andrew Heavens, Tomasz Janowski Organizations: REUTERS Acquire, Reuters, Bank of England, Conservative Party, Treasury, Capital Economics, Senior, National Statistics, Britain's, Thomson Locations: London, Britain

☆ Gilgo Beach serial killings: A flood of evidence and information has come in since suspect's arrest, DA says
▼ + stars: | 2023-07-17 | by ( Polo Sandoval Samantha Beech Elizabeth Wolfe Lauren Mascarenhas | Polo Sandoval | Samantha Beech | ) edition.cnn.com time to read: +8 min

CNN —Authorities have received a flood of evidence and information related to the suspect charged in some of the Gilgo Beach killings since his arrest, the Suffolk County District Attorney told CNN on Monday. Authorities have had Heuermann on their radar for more than a year as investigators gathered enough evidence to make an arrest. The suspect’s wife and children are cooperating with the investigation, according to Carter. Authorities later said they believed Gilbert’s death may have been accidental and unrelated to the Gilgo Beach homicides. “We’re going to continue to work this case and work the entire Gilgo investigation,” Carter said.

Persons: ” Ray Tierney, Rex Heuermann, Melissa Barthelemy, Megan Waterman, Amber Costello, Maureen Brainard, Barnes, “ We’re, ” Tierney, “, Tierney, Heuermann, Carter, piecing, Amber Lynn Costello, Police Department “, ”, ” Carter, Shannan Gilbert, surveil, Heuermann’s, Tsoierney, suspect’s, AP Carter, James Carbone, Brainard, Jessica Taylor, Shannan Gilbert –, “ They’ve Organizations: CNN — Authorities, Attorney, CNN, Police Department, Authorities, Shore, Investigators, New, Sheriff's, Suffolk County Sheriff's, AP, RH, & Associates Locations: Suffolk County, Shore, Heuermann, Megan Waterman Suffolk, Gilgo Beach, New York City, Manhattan, Suffolk, Massapequa, Oak Beach , New York, Shannan

He was expected to be arraigned Friday after his arrest Thursday night in Manhattan, said Suffolk County Police Commissioner Rodney K. Harrison. "We anticipate an indictment later on this afternoon," said Harrison, whose agency and the Suffolk County district attorney are leading the investigation. According to NBC New York, Gilbert was not the only victim who was a sex worker. In May 2022, Suffolk County police released 911 audio related to Gilbert's disappearance. The development comes after a multi-agency task force made up of FBI, New York State Police and Suffolk County authorities was established in February 2022 to "reinvigorate" the investigation.

Persons: Rex Heuermann, Rodney K, Harrison, Shannan Gilbert, Sherre Gilbert, I'm, Rex, Steve Bellone, Emma Tang, Melissa Barthelemy, Megan Waterman, Amber Lynn Costello, Maureen Brainard, Jessica Taylor, Taylor, Valerie Mack, Mack, Gilbert, Joseph Brewer, Gilbert didn't, Michael Pak, Mike, Brewer, Pak, let's Organizations: Suffolk County Police, NBC News, Attorney's, News, NBC, FBI, New York State Police Locations: Long, Massapequa, N.Y, Manhattan, Suffolk County, New York City, Nassau County, Suffolk, Gilbert, New Jersey, Oak Beach, Barnes, Manorville, Gilbert's, NBC New York

[1/2] British Chancellor of the Exchequer Jeremy Hunt holds a Ministerial Statement at the House of Commons in London, Britain, June 26, 2023. The government rocked pension savers last September with a fiscal statement that drove government bond yields higher and forced pension schemes to scramble for cash, triggering a parliamentary inquiry into their investments. The government is under pressure to revitalise domestic investor interest in several industries considered key to Britain's growth, including fintech, biotech, life science and clean technology. Encouraging greater investment in growth assets will help younger savers but the reforms offer little hope to those retiring in the near term. Inflation continues to ravage Britain's economy, with rates running higher than in any other major rich country.

Persons: Jeremy Hunt, Jessica Taylor, Handout, Richard Gnodde, Becky O’Connor, Jon Hatchett, Hymans Robertson, Andrew Bailey, Hunt, Anna Anthony, Sinead Cruise, Carolyn Cohn, Nick Macfie Organizations: REUTERS, Aviva, Goldman Sachs, Public Affairs, Bank of England, Financial, Thomson Locations: London, Britain, City, PensionBee, Britain's

☆ Britain hands Northern Ireland 'difficult decisions' in budget
▼ + stars: | 2023-04-27 | by ( ) www.reuters.com time to read: +2 min

UK Parliament/Jessica Taylor/Handout via REUTERSLONDON, April 27 (Reuters) - Britain set out a budget for Northern Ireland on Thursday that gave the region two years to repay an overspend from the last 12 months but warned "difficult decisions" will be needed with funding set to remain flat year-on-year. Northern Ireland has been without a power-sharing government for over a year due to a dispute about post-Brexit trade rules, leaving Britain's minister for the region to set a budget and civil servants to make the subsequent spending decisions. "This will provide some protection to front line public services in Northern Ireland from having to take the most severe reductions. However, difficult decisions remain in order to live within the funding available," he said in a statement. "Any idea that putting in a punishing budget to Northern Ireland is going to bully the DUP to get back sooner is for the birds, absolute nonsense," DUP lawmaker Emma Little-Pengelly told national broadcaster RTE.

☆ UK Labour bars ex-leader Corbyn from standing as its candidate at next election
▼ + stars: | 2023-03-28 | by ( ) www.reuters.com time to read: +2 min

[1/2] Former British Labour Party leader Jeremy Corbyn speaks at the House of Commons in London, Britain, November 16, 2022. A Labour spokesperson said the party's governing body - the National Executive Committee - approved a motion proposed by Starmer not to endorse his predecessor as a candidate at the next election. His party membership was later reinstated but Starmer refused to allow him to join the parliamentary Labour Party and he currently sits as an independent lawmaker. Momentum, a group set up to support Corbyn, described the decision to bar him as a candidate as "a dark day for democracy". On Monday, Corbyn said Starmer had broken his commitment to respect the rights of Labour members and denigrated the party's democratic foundations.

☆ UK to announce 4 billion pound boost for childcare in England - Guardian
▼ + stars: | 2023-03-14 | by ( ) www.reuters.com time to read: +1 min

[1/3] Britain's Chancellor of the Exchequer Jeremy Hunt gives Autumn Statement at the House of Commons in London, Britain, November 17, 2022. UK Parliament/Jessica Taylor/Handout via REUTERSLONDON, March 14 (Reuters) - Britain's finance minister Jeremy Hunt is set to provide a 4 billion pound ($4.87 billion) expansion to free childcare for one and two year-olds in England in his budget plan on Wednesday, the Guardian reported on Tuesday. On Sunday, Hunt said he would use this week's budget plan to remove barriers, including high childcare costs, that are stopping people from working and causing a major problem for employers after the COVID-19 pandemic and Brexit. According to children's charity Coram, the average annual price for full-time nursery childcare in England for a child under two was more than 14,000 pounds in 2022. ($1 = 0.8218 pounds)Reporting by Farouq Suleiman; editing by William James and Tomasz JanowskiOur Standards: The Thomson Reuters Trust Principles.

☆ UK's Sunak in Belfast to start selling his new Brexit deal
▼ + stars: | 2023-02-28 | by ( Sachin Ravikumar | ) www.reuters.com time to read: +3 min

Sunak struck a deal with the European Union on Monday to ease restrictions on trade between Northern Ireland and Britain, and to give lawmakers on the ground a greater say over the rules and regulations they follow from Brussels. Its success is likely to hinge on whether it convinces the Democratic Unionist Party (DUP) to end its boycott of Northern Ireland's power-sharing arrangements. These were central to the 1998 peace deal which mostly ended three decades of sectarian and political violence in Northern Ireland. British Prime Minister Rishi Sunak delivers a statement on the Northern Ireland Protocol, at the House of Commons in London, Britain, February 27, 2023. UK Parliament/Jessica Taylor/Handout via REUTERS"We listened very, very carefully to the people, the businesses and the elected representatives in Northern Ireland," he said.

☆ UK review of 'golden' visas for millionaires finds links to corruption
▼ + stars: | 2023-01-12 | by ( Andrew Macaskill | ) www.reuters.com time to read: +4 min

The government first commissioned the visa's review in 2018 after the poisoning of former Russian double agent Sergei Skripal in Britain. Russian oligarchs and newly-minted Chinese entrepreneurs have flocked to London over the past two decades, snapping up everything from opulent homes to soccer clubs. Under the programme, foreigners who invested 2 million pounds in assets in Britain could apply for permanent residency after five years in the country. Investing 10 million pounds allowed an application after two years. In total, more than 12,000 golden visas have been granted, including more than 2,500 to Russians, according to government data.

ATLANTA — Democratic strategists are agonizing about headwinds in the closing stretch of the 2022 campaign, with some fearing the election will be worse for the party than polls indicate. Now comes the moment of truth: Can they pull off one final act of levitation in the sprint to Election Day? “I definitely think that the political gravity is starting to reinforce itself,” said Sean McElwee, executive director of the Democratic-affiliated polling firm Data For Progress. “Maybe they can stretch it to 6 or 7 [points], but I think somewhere gravity kicks in.”“There’s a tightening happening,” Taylor added. The recent NBC News poll found that Democrats led Republicans by 1 point on which party voters prefer to control Congress.

Here are five races where long-shot contenders could shock the nation on Nov. 8; we've also included how the nonpartisan Cook Political Report, which analyzes elections and campaigns, rates the odds. Or skip that race on the ballot?”Cook Political Report rating: “Lean Democratic”North CarolinaRepublicans are favored to win North Carolina, but only slightly. Cook Political Report rating: “Lean Republican”IowaAt 89 years old, Republican Sen. Chuck Grassley is running for another six-year term. Cook Political Report rating: “Likely Republican”WashingtonSen. Patty Murray, the third-ranked Democrat and chair of the Senate Committee on Health, Education, Labor and Pensions, is the GOP’s white whale this cycle. Cook Political Report rating: “Likely Democratic”

“I think it’s going to be significant,” Chuck Coughlin, an Arizona Republican pollster, said of the third-party impact on key Senate races. Angela McArdle, the chair of the Libertarian National Committee, said it’s not her party's job to protect Republican candidates who are alienating voters. "If Republicans fear that Libertarians are going to be spoilers, Republicans need to run more liberty-minded candidates," McArdle told NBC News. Much attention has been paid to the level of support third-party candidates can wrestle from the major party contenders in recent election cycles, particularly on the presidential level. "We have to wait to see the melt on these third-party candidates," he said.

LONDON — Her tenure as Britain’s prime minister began in the early days of fall, but it didn’t even last until winter. The plan was criticized not only by the opposing Labour Party, but also President Joe Biden and the International Monetary Fund. Chancellor of the Exchequer Kwasi Kwarteng and British Prime Minister Liz Truss attend the annual Conservative Party conference on Oct. 2. Truss told Parliament on Wednesday, “I am a fighter, not a quitter,” after repeatedly being told she was unfit for office by opposition lawmakers. Under an expedited process, leadership challengers must win the support of 100 fellow Conservative Party lawmakers (out of a total of 357) by Monday afternoon.

☆ How Liz Truss’ term as British prime minister went from bad to worse
▼ + stars: | 2022-10-20 | by ( Sana Noor Haq | ) edition.cnn.com time to read: +7 min

Here are the lowlights – and lowerlights – of Truss’ term as Britain’s shortest-serving prime minister. Jessica Taylor/UK Parliament/ReutersThe prime minister later defends her government’s controversial tax cuts in an exclusive interview with CNN’s Jake Tapper. October 20: Truss quitsAfter a chaotic six-week spell in Downing Street, Truss announces her resignation. She will remain UK prime minister until her successor is chosen. Her swift exit as prime minister prompts calls for an early general election in Britain.

☆ The UK is gripped by an economic crisis of its own making
▼ + stars: | 2022-09-29 | by ( Mark Thompson | ) edition.cnn.com time to read: +8 min

“While this is welcome, the fact that it needed to be done in the first place shows that the UK markets are in a perilous position,” said Paul Dales, chief UK economist at Capital Economics, commenting on the bank’s intervention. “It wouldn’t be a huge surprise if another problem in the financial markets popped up before long,” Dales added. The UK government should also postpone its tax cuts, El-Erian said. We look like reckless gamblers who only care about the people who can afford to lose the gamble,” one former Conservative minister told CNN. “Truss and Kwarteng are now facing a severe economic crisis as the world’s financial markets wait for them to make policy changes that they and the Conservative party will find unpalatable,” the Eurasia analysts wrote.

☆ UK's finance minister says his economic strategy is not a gamble - BBC
▼ + stars: | 2022-09-23 | by ( ) www.reuters.com time to read: 1 min

The Chancellor of the Exchequer Kwasi Kwarteng speaks during the Government's Growth Plan statement at the House of Commons, in London, Britain, September 23, 2022. UK Parliament/Jessica Taylor/Handout via REUTERSLONDON, Sept 23 (Reuters) - Britain's new finance minister Kwasi Kwarteng said on Friday that the government's changes to tax, stamp duty and spending were not a gamble. "What was (a gamble) in my view, was sticking to the course we were on," he told the BBC in an interview after setting out the mini-budget earlier in the day. Register now for FREE unlimited access to Reuters.com RegisterReporting by Muvija M; Editing by Kate HoltonOur Standards: The Thomson Reuters Trust Principles.

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