Theresa May is set to become Britain’s 75th prime minister today, after David Cameron formally hands over his resignation to the queen at Buckingham Palace . May won the Conservative Party leadership earlier this week, outlasting leading lights of the “ Brexit ” campaign: Andrea Leadson, Boris
Official figures show that the cost of living squeeze that Britain has experienced for much of the period since it voted to leave the European Union has eased further
Asian stock markets rally as modest inflation data soothes rate hike concerns
The Bank of England has kept its main interest rate on hold as a run of soft economic data has made it more cautious about the outlook for Britain.
Bank of England Governor Mark Carney has defended himself against a charge that his public comments on interest rate moves lack credibility.
The price of oil continues to rise and stocks edge up amid concerns for more instability in the energy-rich Middle East
The Bank of England is not expect to raise its key interest rate on Thursday, as it had signaled for weeks, after weak economic data.
So much for Britain’s "Keep Calm and Carry On" maxim. The U.K. is in chaos after voting to leave the European Union last week in a national referendum. On top of market uncertainty, a falling currency and the foreign investors who’re poised to pull out, there has been a leadership vacuum since
British Prime Minister David Cameron announced this morning that he will step down as prime minister in the fall, saying the country needs "fresh leadership." His announcement follows U.K. voters' historic decision by referendum to leave the European Union . He said he will continue as prime