Why the UK government’s tax cuts still leave workers worse off

British Finance Minister Jeremy Hunt that the U.K. economy would not enter a technical recession in 2023, while announcing the government’s spring Budget. Dan Kitwood | Getty Images News | Getty Images LONDON — U.K. Finance Minister Jeremy Hunt on Wednesday announced a substantial cut to the National Insurance tax on workers, but its benefit … Read more

UK PM Rishi Sunak suffers two historic by-election defeats as Labour opposition surges

Labour party candidate Sarah Edwards, centre, after polls closed in the Tamworth by-election on October 20, 2023 in Tamworth, England. Christopher Furlong | Getty Images News | Getty Images LONDON — U.K. Prime Minister Rishi Sunak’s Conservative Party suffered two historic by-election defeats on Thursday, with the main opposition Labour Party overturning huge majorities to … Read more