Liz Truss almost turned the UK into a distrusted emerging economy
Govts should respect fiscal constraints as once confidence is lost in a country's institutions and political maturity, it cannot be easily regained
Truss had been under intense pressure to scrap some of the £43 billion ($48 billion) in unfunded tax cuts that roiled financial markets and led the BoE to step in to prevent a wider economic crisis
''Will make difficult but necessary choices for economic growth''
Traders drove to the pound to a record low in the aftermath of Kwarteng's fiscal statement, govt borrowing costs soared and the Bank of England to intervene to prevent a meltdown in the gilt market
Newly elected UK Prime Minister Liz Truss has warned scruffy dressers will need to smarten up, as she looks to distance her image from her predecessor, Daily Mail reported
Liz Truss, the frontrunner in the race to be the UK's next Prime Minister, has pulled out of a key interview which was due to air as she could "no longer spare the time"
UK Foreign Secretary Liz Truss has gained as many as a 22-point lead over former chancellor Rishi Sunak in the race for becoming the next Prime Minister, according to latest Opinium Research survey
Former British Chancellor Rishi Sunak launched a fresh attack on the incumbent Foreign Secretary Liz Truss's plans for tax cuts ahead of the pair's next debate in their quest to become the UK's new PM
China represents the "largest threat" to Britain and the world's security and prosperity this century and there is evidence to suggest it has targeted countries from the US to India
Tata Steel seeks 1.5 bn pounds subsidy to keep operations afloat
Former British finance minister Rishi Sunak and Foreign Secretary Liz Truss on Wednesday made it through to the final stage of the leadership contest to replace Prime Minister Boris Johnson
358 Tory members of Parliament will cast first set of votes for their favourites and the shortlisted candidates will progress to the next round if they receive the backing of at least 30 colleagues
The first round of voting among Tory lawmakers will be held on Wednesday and only those contenders who receive at least 30 votes can enter the second ballot
The 58-year-old member of Parliament for Uxbridge and South Ruislip in London plans to stay in charge as caretaker Prime Minister until the process of electing his successor is completed
'I want you to know how sad I am to be giving up the best job in the world,' Johnson said in a speech outside Downing Street
Bowing to the inevitable as more than 50 ministers quit and lawmakers said he must go, an isolated and powerless Johnson spoke outside his Downing Street to confirm he would resign
Sajid Javid, Rishi Sunak, Ben Wallace are among the few probables who could replace Johnson for the top job in UK govt
It was thought that with a large chunk of his Cabinet now calling for his resignation, Johnson would give in and step down
Johnson's office said he and Ardern will discuss security challenges facing the Indo-Pacific region and the situation in Ukraine