Liz Truss

The Tories are comforting themselves for their loss by arguing that historically every government during the mid-term suffers losses in local elections

Four people died last week after a small boat packed with migrants capsized in the Channel in freezing weather conditions

Prime minister expected to give speech on ‘meaningful moment’

This was evident in the British prime minister’s speech at the lord mayor’s banquet, which customarily focuses on foreign policy

The market is set to slow as consumers feel higher bond costs but the slump will not be as dramatic as in economies where buoyancy is the rule not the exception

UK governments borrow money for deficit spending from corporations and the rich. But the very beneficiaries of the tax cuts Truss proposed were these ‘investors’, who baulked

Policymakers have been warned to remain disciplined as economies navigate headwinds — no matter how much it hurts

The Reserve Bank governor has cautioned against ‘reckless’ fiscal and monetary policies amid global shocks

Mayors in Johannesburg and Ekurhuleni are disappearing as fast as the infamous Sauer Street decuplets

Britain’s former finance chief inherits a UK economy that was headed for recession even before the recent turmoil triggered by Liz Truss

From offshore dealings to right-wing think tanks, the former chancellor has not been transparent about his finances

Drunk on hubris, the UK’s Tory party has followed a populist path to instability. The ANC and its opposition peers follow a similar path

As the prime minister fights to remain in power, deputy Labour leader Angela Rayner demands she come clean over her interests

Truss bowed to the inevitable after her right-wing platform of tax cuts disintegrated and as many MPs among the ruling Conservatives revolted

The changes in the ministerial handbook giving his cabinet pals free electricity and water appear to have be written in pencil — or crayon