The United Kingdom's biggest post-Brexit deal is joining an Asia-Pacific trade pact.

Prime Minister Rishi Sunak announced on Friday that the United Kingdom would be joining 11 other countries in a major Asia-Pacific trade partnership, marking the largest post-Brexit trade deal for the country.

As the first European country to join, Britain will also make history as the ...

A summary of the final two contenders for prime minister from the UK, Rishi Sunak and Liz Truss

Political commentators have been discussing who will take over as prime minister from Boris Johnson in recent months as numerous scandals have rocked Downing Street.

Initially, Rishi Sunak was seen to be the best choice to succeed Johnson. Sunak became one of the most well-liked politic...

RISHI SUNAK URGED JOE BIDEN TO DO DEAL ON GOLBAL TECHNOLOGY TAX REFORM

Highlights:

• Rishi Sunak said, there is a deal to be had on the global technology tax reform
• UK wants to make sure that, the tech companies of UK pay for their activities in the United Kingdom

Rishi Sunak, who is the chancellor of Uni...

UK ECONOMY DECREASED BY ONLY 1.5% IN FIRST QUARTER OF 2021

Highlights:

• The economy of the United Kingdom has been decreased by 1.5 percent in the first quarter of 2021 despite corona virus lockdown
• The office for the National Statistics said that, the UK economy has also managed to grow by 2.1 percent in Marc...

PARLIAMENT OF UK TO QUIZ RISHI SUNAK AND DAVID CAMERON OVER GREESILL CAPITAL

Highlights:

• The parliamentary committee of United Kingdom is going to summon Rishi Sunak and David Cameron over the Greensill Capital
•  David Cameron has denied for breaking any code of conduct or rules defined by the government of UK

UK: RISHI SUNAK ACCUSED OF PLAYING POLITICS OVER THE LEVELLING-UP FUND

Highlights:

• The chancellor of the United Kingdom Rishi Sunak had been accused of playing the politics over levelling up the fund
• The Treasury has been placed all 368 local authorities into one of the three categories

Rishi Sunak, who...

RISHI SUNAK WARNED COVID-19 PANDEMIC HAS HIT UK ECONOMY HARD

Highlights:

• The finance minister of UK has warned that, the economy of the country has been hit hard by the novel corona virus
• Rishi Sunak said that, the novel corona virus pandemic has hit the economy hard as the country has been borrowing on an extr...

RISHI SUNAK SUGGESTS ACCESS FOR FINANCIAL SERVICES IN EUROPEAN UNION WILL EXCEED THE DEAL

Highlights:

• Rishi Sunak suggested that, the access of the financial services in the European Union will be exceeding the deal
• Boris Johnson has hailed the Brexit deal as he finally agreed the deal on the Christmas Eve along with the president of the E...

UNITED KINGDOM: RISHI SUNAK TO REVEAL 400-BILLION-POUND BORROWING PLAN

Highlights:

• Rishi Sunak is going to announce the heaviest public borrowing since the world War Tow
• Rishi Sunak will be unveiling a record 400-billion-pound borrowing plan next week

Rishi Sunak, who is the finance minister of United K...

UK: RISHI SUNAK SAID, GOVERNMENT NEEDS TO PROTECT TECHNOLOGICAL SECRETS FROM FOREIGN INVESTORS

Highlights:

• Rishi Sunak said that, the United Kingdom needs new set of rules for protecting itself against the hostile sates on the technological secrets and jobs
• The chancellor said that, United Kingdom has benefited from the foreign investment but t...

RECESSION OFFICIALLY STRIKES UK FOR FIRST TIME IN 11 YEARS

HIGHLIGHTS

• Since APR-JUNE 2020, the UK economy has suffered its biggest slump on record.
• Lockdown implemented to prevent the spread of coronavirus caused all businesses to shut down.
• With all businesses being inactive, UK has officially fal...

CHANCELLOR RISHI SUNAK SAYS 'TOUGH CHOICES' TO ADDRESS PUBLIC FINANCES

HIGHLIGHTS

• Chancellor Rishi Sunak has warned that tough choices may need to be made in order to address the increase in borrowing that was caused by the pandemic.
• Chancellor Rishi Sunak thin does not want to bail out UK firms.

Chance...

THE BRITISH POUND EDGED UP BY 0.4% AGAINST THE DOLLAR

Highlights –

• The British pound edged up by 0.4% against the dollar.
• Trade deal between Britain and EU still remains to weigh on the British currency.
• Finance Minister added $38 billion to help the economy.
• Investors did no...

BRITAIN’S WELL-KNOWN RETAIL BRANDS FACE FURTHER JOB CUTS

Highlights –

• Britain’s well-known retail brands face further job cuts
• Britain’s health and beauty chain Boots and department store John Lewis faces job cuts.
• Britain reported around 5,000 fresh job cuts in the retail sect...

BRITISH EMPLOYERS DEMAND AN IMMEDIATE ACTION FROM FINANCE MINISTER

Highlights –

• British employers want an immediate response from the UK finance minister.
• UK businesses are showing signs of a major deterioration in the first half of 2020.
• The British Chamber of Commerce had published their quart...

UK GOVERNMENT EXCEEDED THEIR BORROWING CAPACITY

Highlights –

• The UK is under immense debt; more than its economy.
• The government has borrowed more than its limit.
• Current borrowing debt is over $24.08 trillion in total.
• The ONS mentioned that April's borrowing figure...

BRITISH LAWMAKERS ASKS FINANCE MINISTER TO EXTEND SUPPORT TO 1 MILLION WORKERS

Highlights –

• Finance Minister asked to extend help to over 1 million more workers.
• Self-employed, freelancers, directors of companies must be included in the list.
•  Nearly 9 million jobs are covered by the Coronavirus Job Retenti...

RICHARD HUGHES - NEXT HEAD FOR BRITAIN’S BUDGET WATCHDOG

Highlights –

• Richard Hughes, a former senior official at Britain’s Treasury and the International Monetary Fund.
• Appointed as next head for the country’s influential budget watchdog.
• Hughes is a researcher at the country&r...

CHANCELLOR RISHI SUNAK WANTS TO EXTEND UK MORTGAGE RELIEF SCHEME

According to the Whitehall sources, Chancellor Rishi Sunak is drafting plans to extend UK's mortgage relief scheme beyond the June end as majority of the businesses have not reopened yet.
The sources claim that Chancellor Sunak was having discussions with the banking sector regarding t...