Boris Johnson

The British pound and U.K. government bond yields shot higher Thursday in reaction to the surprise resignation of Sajid Javid as chancellor of the exchequer, with markets anticipating more spending from the Boris Johnson-led government. The pound GBPUSD, +0.01% traded at $1.3044 vs. $1.2960 on Wednesday, and the yield on…

In words that both the newly appointed U.K. Chancellor of the Exchequer and his predecessor could understand, a hostile takeover of the Treasury by the Prime Minister’s office suddenly turned friendly. Sajid Javid, appointed to the job by Prime Minister Boris Johnson last August, resigned on Thursday after refusing to…

Image copyright Getty Images Following the shock resignation of Chancellor Sajid Javid, a new chancellor has been appointed.With just four weeks to go until the Budget, one of the main events in the calendar for the UK Treasury, Mr Javid has been replaced by 39-year-old Chancellor Rishi Sunak.So who is…

Boris Johnson claimed that his New Year trip to the Caribbean with his partner Carrie Symonds was paid for by a millionaire business friend.The prime minister's register of interests says his £15,0000 week-long stay in a villa on the island of Mustique was a gift from the prominent businessman and…

The Trump administration is set to prioritise trade talks with the EU over trade talks with the UK, despite previous assurances that Boris Johnson's government would be at "the front of the line" for a trade deal.White House economic adviser Larry Kudlow said this week that restarting talks with the…

Huawei can reportedly access backdoors in mobile networks globally. Corinne Reichert/CNET Chinese tech giant Huawei can reportedly access the networks it helped build that are being used by mobile phones around the world. It's been using backdoors intended for law enforcement for over a decade, The Wall Street Journal reported…

Boris Johnson pledged that that frictionless trade with Europe would continue after Brexit.But Michael Gove, the de facto deputy prime minister, has now admitted for the first time that there will be multiple border checks for goods passing between the EU and UKIndustry leaders told Business Insider this week that…

The UK is going hard in its game to ban cars. Prime Minister Boris Johnson announced at the launch of talks related to COP26, the next chapter of international climate talks, that his government would accelerate its ban on the sale of gas- and diesel-run vehi…

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British Prime Minister Boris Johnson and European Union negotiator Michel Barnier set out tough opening gambits Monday in negotiating a future trade deal, making it clear that each side is willing to walk away without deal rather than compromise on key issues…