Bonds slide, yen dumped as interest rate hikes loom

Bonds slide, yen dumped as interest rate hikes loom

Asia’s stock markets edged lower on Tuesday, the yen hit a 20-year low and bond markets wavered as investors nervously awaited U.S. inflation figures and central bank meetings in Australia, Europe and, next week, in the United States. British Prime Minister Boris Johnson survived a no-confidence vote among his Conservative Party’s lawmakers on Monday, but … Read more

UK PM Boris Johnson scrapes win in party confidence vote over ‘partygate’

UK PM Boris Johnson scrapes win in party confidence vote over ‘partygate’

British Prime Minister Boris Johnson survived a confidence vote on Monday but a large rebellion in his Conservative Party over the so-called “partygate” scandal dealt a blow to his authority and leaves him with a struggle to win back support. Johnson, who scored a sweeping election victory in 2019, has been under increasing pressure after … Read more

Moscow bars entry to Russia for UK’s Johnson, Truss, Wallace

Moscow bars entry to Russia for UK’s Johnson, Truss, Wallace

Moscow on Saturday announced it was banning entry to Prime Minister Boris Johnson and several other top UK officials, after London imposed sanctions on Russia over its military operation in Ukraine. “This step was taken as a response to London’s unbridled information and political campaign aimed at isolating Russia internationally, creating conditions for restricting our … Read more

UK politics live: Boris Johnson condemns ‘unconscionable’ attack on Kramatorsk train station

UK politics live: Boris Johnson condemns ‘unconscionable’ attack on Kramatorsk train station

Latest updates: UK prime minister holds press conference with German chancellor Olaf Scholz on war in Ukraine Patel apologises for low number of Ukraine refugees arriving UK might try to flex military muscles but has it got what it takes? Rishi Sunak and his wife Akshata Murty were legally declared to be “permanent US residents” … Read more

UK politics: Boris Johnson grilled by MPs at liaison committee – live

UK politics: Boris Johnson grilled by MPs at liaison committee – live

Grant Shapps, the transport secretary, is making a statement to MPs now setting out the government’s response to the sacking of 800 workers by P&O Ferries. There are nine measures, he says. First, HM Revenue and Customs will get new resources to check ferry operators are complying with minimum wage law, he says. HMRC will … Read more

UK inflation jumps again, hits new 30-year high of 6.2%

UK inflation jumps again, hits new 30-year high of 6.2%

British inflation shot up faster than expected last month to hit a new 30-year high, worsening a historic squeeze on household finances that finance minister Rishi Sunak is under pressure to ease in a budget update later on Wednesday. The Office for National Statistics said consumer prices rose by 6.2% in February after a 5.5% … Read more

British PM Boris Johnson meets Saudi, UAE leaders as war roils oil prices

British PM Boris Johnson meets Saudi, UAE leaders as war roils oil prices

British Prime Minister Boris Johnson began lobbying Saudi Arabia and the United Arab Emirates to pump more oil to calm markets roiled by Russia’s invasion of Ukraine as he met the Gulf states’ leadership on Wednesday. Johnson arrived in Abu Dhabi for talks with Crown Prince Mohammed bin Zayed and was then due to fly … Read more

Boris Johnson calls for joint effort on energy market security in UAE talks

Boris Johnson calls for joint effort on energy market security in UAE talks

British Prime Minister Boris Johnson stressed the need to work together to stabilise global energy markets in talks with United Arab Emirates’ de facto leader Crown Prince Mohammed bin Zayed al-Nahyan on Wednesday, Johnson’s office said. Johnson met the prince on the first stop of a visit to the Gulf as part of efforts to … Read more

UK politics: Blair calls for push for peace deal but says Nato should not rule out intervening in war – live

UK politics: Blair calls for push for peace deal but says Nato should not rule out intervening in war – live

Latest updates: the former PM says the west should not give up on the possibility of negotiating a peace deal with Vladimir Putin Russia-Ukraine war: latest updates More than 100,000 Britons offer to take in Ukrainian refugees UK to impose sanctions on 370 more Russians Only five of 138 MPs in fracking target areas voice … Read more

Grant Shapps says ban on Russian oil imports will lead to ‘some higher energy prices’ – UK politics live

Grant Shapps says ban on Russian oil imports will lead to ‘some higher energy prices’ – UK politics live

Good morning. “Where are all these mansions [being] seized?”, a Ukrainian activist asked Boris Johnson angrily in Poland last week. The question reflected a concern that the UK has not done enough to directly penalise Russian oligarchs who operate in the UK. But this morning Grant Shapps, the transport secretary, said that he had effectively … Read more