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Sterling has lost nearly 10% of its value since early June - a huge move for one of the world's major G10 currencies

Sterling returns to the 1980s - and may get cheaper

Sterling's slide against the dollar to a rate last seen in 1985 has sparked talk of a dramatic spiral downwards that ends in a collapse in confidence in British assets and a balance of payments crisis.

Business • 08 Sep 22

New British Prime Minister Liz Truss said that businesses will be supported on energy costs for an initial six months and that vulnerable sectors, such as hospitality, will get longer support

UK energy bills frozen at £2,500 a year under PM plan

Households in the UK will pay no more than £2,500 a year on their energy bills over the next two years, according to new prime minister Liz Truss.

Business • 08 Sep 22

Liz Truss with members of her new Cabinet meet in Downing Street

More fossil fuels, more nuclear energy, Truss vows

In her first Prime Minister's Questions, Liz Truss today called for more extraction of oil and gas from the North Sea, and for more investment in nuclear power.

UK • 07 Sep 22

UK household bills are due to jump by 80% in October

Sterling climbs as Truss hints at energy relief

Sterling rose today as media reports offered new details on how new British Prime Minister Liz Truss is planning to tackle Britain's growing energy crisis.

Business • 06 Sep 22

Boris Johnson delivering his farewell address outside Number 10

Johnson resigns, vows to depart 'like a booster rocket'

Former British Prime Minister Boris Johnson compared himself to a "booster rocket" jetting off into distant lands as he delivered his farewell speech outside No 10 Downing Street.

UK • 06 Sep 22

Liz Truss accepted an invitation to visit Ukraine and reiterated her support for the country which was invaded by Russia in February

Truss and Biden discuss Good Friday Agreement in call

UK Prime Minister Liz Truss and US President Joe Biden "agreed on the importance of protecting" peace in Northern Ireland, in a phone call this evening.

UK • 07 Sep 22

Since Brexit, the City of London has faces competition from Amsterdam and Paris, as well as longstanding rivals like New York and Singapore

Truss promises to 'unshackle' City of London

Liz Truss becomes Britain's prime minister tomorrow after a campaign in which she promised to"really unshackle" the City of London by making the most of Brexit in the £164 billion financial sector.

Business • 05 Sep 22

Liz Truss won the ruling Conservative Party's leadership contest today with 57.4% of the vote today

Sterling near 2.5 year low as Truss to become new UK PM

The pound was stuck near two and half year lows against the dollar today as Liz Truss was set to become Britain's next prime minister after winning a leadership race for the governing Conservative Party against a deteriorating economic backdrop.

Business • 05 Sep 22

Liz Truss outside No 10 as the newly appointed Lord Chancellor and Justice Secretary on 14 July 2016

Liz Truss - Treading an unconventional path to No 10

Liz Truss' path to No 10 has not been the most conventional, and she faces a slew of issues, including the worst cost-of-living crisis in modern times and a Brexit that is not yet 'done', writes Fiona Mitchell.

UK • 05 Sep 22

Liz Truss faces a turbulent start to her premiership

Tough challenges for Truss, but people are worried

As she takes her first steps in the role recently vacated by Boris Johnson, Liz Truss has a lot of people worried, writes London Correspondent John Kilraine.

Analysis and Comment • 05 Sep 22

Liz Truss speaking after being confirmed as the new Tory party leader

Truss to be next UK Prime Minister after Tory poll win

Liz Truss has been confirmed as the new leader of Britain's Conservative Party, and will be the next UK Prime Minister.

World • 05 Sep 22

Rishi Sunak and Liz Truss are battling it out to become the next leader of Britain's Conservative Party

Mixed views on Tory leadership race from NI members

There were mixed views from members of the UK Conservative Party in Northern Ireland today after hearing from the two candidates to become the next leader.

UK • 17 Aug 22

Liz Truss leads rival Rishi Sunak in numerous polls in the race to succeed Boris Johnson

Truss said British workers need 'more graft'

UK Tory party leadership contender Liz Truss has suggested Britons lacked "skill and application" and needed to work harder, in a leaked audio recording.

UK • 16 Aug 22

Rishi Sunak bragged that he had started changing public funding formulas (File pic)

Sunak brags of diverting funds from 'deprived areas'

Tory party leadership contender Rishi Sunak proudly told party members he had been working to divert funding from "deprived urban areas" towards prosperous towns.

UK • 05 Aug 22

Rishi Sunak has struggled in the race, partly due to his role in Mr Johnson's resignation and over his record in government

'It's still early days' - UK leadership underdog Sunak

Liz Truss's bid for the leadership of the UK's Conservative Pary was boosted by two surveys giving her massive leads and the backing of former rival Sajid Javid as he attacked Rishi Sunak's more cautious plans for tax cuts.

World • 03 Aug 22

Rishi Sunak and Liz Truss will tour the UK to take part in 12 hustings

Truss and Sunak clash over tax plans in Tory race

The final two politicians vying to be the next British prime minister have come to blows over their fiscal proposals, with Rishi Sunak warning against a "huge borrowing spree" as Liz Truss defended tax-cutting plans worth at least £30 billion a year.

UK • 22 Jul 22

Maroš Šefčovič briefed members of the European Parliament's UK Coordination Group

Šefčovič signals February end for NI Protocol talks

The EU's chief Brexit negotiator has signalled that the Northern Ireland Protocol negotiations with the UK could draw to a close by the end of February if there is no breakthrough.

Brexit • 20 Jan 22

Liz Truss was thrust into post-Brexit talks with Brussels after the resignation of Brexit minister David Frost at the weekend

Coveney has 'positive' Brexit chat with Truss

Simon Coveney has had a "positive initial conversation" with the minister who is handling the UK's post-Brexit relationship with the EU following the departure of David Frost.

Business • 21 Dec 21

British Trade Secretary Liz Truss and Japanese Foreign Minister Toshimitsu Motegi in Tokyo today

UK signs major post-Brexit trade deal with Japan

Britain and Japan today formally signed a trade agreement, marking Britain's first big post-Brexit deal on trade, as it continues to struggle to agree on a deal with its closest trading partners in the European Union.

Business • 23 Oct 20

UK Trade Minister Liz Truss has set out the broad aims of her post-Brexit push to secure new free trade agreements

UK seeks big tariff reductions in US trade deal

The UK is seeking far-reaching reductions in tariffs from a trade deal with the US, trade minister Liz Truss said today as she set out the broad aims of her post-Brexit push to secure new free trade agreements.

Business • 06 Feb 20

Liz Truss