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Tag: U.K.

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U.K. Prime Minister Liz Truss Resigns From Office

The embattled Prime Minister is leaving 10 Downing Street due to failed administrative policies dealing with the financial downturn, and resignations of senior members within Truss's cabinet. The perennial debate between the Torys and the Labour party will rage on to find a successor to what is now the shortest...

The U.K. is Facing Financial Misery

Following announced plans with policy-makers from the Bank of England, global investors sent the pound through a plunge. Announcements regarding a cut in taxes and expansion in borrowing have set a resounding fear in the related markets. To allay that fear, The Bank of England took action on Wednesday...

Seized Russian Yacht Up For Auction

The first public auction of seized property belonging to Russian oligarchs has begun, as the war in Ukraine prompted these assets as fair game for the taking by local authorities. The ship's previous owner has a stained reputation, as billionaire Dmitry Pumpyansky has now been sanctioned by the E.U...

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