Prime Minister Keir Starmer failed to fully back Chancellor of the Exchequer Rachel Reeves after a U-turn on the government’s flagship welfare reforms derailed her fiscal plans.

Keir Starmer backtracked on most of his welfare reforms in a bid to avoid a damaging rebellion that threatened to inflict a first defeat on the UK prime minister.

Asian shares fluctuated with investors staying on the sidelines in the leadup to US jobs report, awaiting fresh data after ...

Asian shares were poised for a cautious open as investors awaited US jobs data after stocks hit another record following ...

Chancellor of the Exchequer Rachel Reeves stressed her commitment to fiscal discipline in her management of the UK’s public ...

The first anniversary of Keir Starmer’s election this week finds him at the nadir of his premiership. A bruising volte face ...

UK markets rebounded from a sharp selloff as Prime Minister Keir Starmer sought to calm speculation about a possible exit by Chancellor of the Exchequer Rachel Reeves.Most Read from BloombergNYC ...