Political News
UK govt abandons NatWest share sale; to hold Budget Oct 30
The UK government has abandoned a plan to sell its remaining stake in NatWest Bank to the public, said Finance Minister Rachel Reeves, who added that she would hold deliver a Budget statement on October 30.
Banks must improve treatment of politicians - FCA
The financial regulator has warned banks must do more to ensure political clients are treated fairly, it was announced on Thursday.
UK's Miliband reportedly orders ban on new oil licences
New UK Energy Secretary Ed Miliband has reportedly ordered an immediate ban on issuing new licences to drill for oil in the North Sea.
UK's Starmer appoints Cabinet; Reeves becomes Finance Minister
New British Prime Minister Keir Starmer swiftly appointed the members of his Cabinet after crushing the Conservative Party in Thursday’s General Election.
French election stalemate leads to worries about spending plans
France faced an uncertain political future on Monday after voters rejected the idea a of government led by Marine Le Pen's far-right National Rally but also failed to endorse fully centrist or left-wing alliances, with uncertainty around the spending plans of any incoming administration causing concern among analysts.
UK election: Labour in landslide as Tories wiped out
Britain’s Labour Party, led by Keir Starmer, swept to power after the ruling Conservative Party was booted from office in a humiliating defeat - the worst in its history.