Premiership of Rishi Sunak

Budget 2025: What it gives to workers, pensioners and families – Measures for property and investment

With one hand, the 2025 state budget “gives” €1.1 billion for new benefits, tax breaks, and measures to support the economy. However, with the other, it “takes,” as rising incomes lead to a corresponding increase in tax revenues.

Rishi Sunak Admits Responsibility for Conservative Party's Election Loss

British Prime Minister Rishi Sunak has publicly accepted responsibility for the Conservative Party's significant loss in the UK general election. Keir Starmer of the Labour Party achieved a landslide victory and is poised to succeed Sunak as the country's next prime minister.

Labour tipped to oust Tories at UK election

Britain looks likely to see a change of government this week, swinging leftwards back to the center ground and the Labour party after 14 years of right-wing Conservative rule.

Voters will elect a new parliament from 7 a.m. today, with predictions of a landslide Labour win that would make Keir Starmer prime minister, 100 years after Ramsay MacDonald became the party's first.

120 business leaders back UK's Labour in election

The U.K.'s Labour Party on Tuesday won the backing of 120 business leaders, in a timely boost as it bids to oust the ruling Conservatives in the upcoming general election.

The coalition of CEOs and other senior figures, which includes some well-known names from British business, said in a joint letter that it was "time for a change."

UK PM Sunak calls general election for July 4

U.K. political parties began jostling for position on Thursday, setting out their electoral battle plans after embattled Prime Minister Rishi Sunak called a general election for July 4.

Sunak ended months of speculation about the date of the vote in a rain-soaked speech Wednesday outside Downing Street, which some took as an omen for his Conservatives' chances at the ballot box.

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