Brexit figurehead Nigel Farage to run in UK election after U-turn
LONDON — British politician and media personality Nigel Farage, best known for leading the Brexit campaign, announced Monday he would run in the U.K.'s general election next month.
Jenni Reid in political news
More than 100 business leaders including Wikipedia's Jimmy Wales sign open letter backing Britain's center-left opposition
LONDON — More than 100 business leaders on Tuesday voiced their support for the U.K.'s center-left opposition Labour Party, nearly five weeks before the country heads to the polls. The group, which includes Wikipedia founder Jimmy Wales and former vice-chairman of JP Morgan Cazenove Charles Harman, said in an open letter to The Times newspaper: "We, as leaders and investors in British business, believe it is time for a change." The writers of the letter claim that the U.K. economy has suffered from a decade of stagnation amid a lack of both political stability and a long-term, consistent economic strategy. The country has been "denied the skills and infrastructure it needs to flourish," the letter says. The Labour Party has "shown it has changed and wa
Shock summer election in Britain predicted to deliver 'historic' result
U.K. Prime Minister Rishi Sunak ended months of speculation this week by announcing a national election on July 4, as forecasts suggest his right-wing Conservative Party is likely to be ousted after 14 years in power. News of the vote came as a surprise to the public, the media and much of Sunak's own party. It had been expected to take place in the fall, ahead of a deadline of Jan. 28, 2025, giving the Conservatives more time to turn around weak poll ratings in which they have lagged the center-left Labour Party for more than two years. Speaking while getting drenched by rain in a press conference outside 1
Scottish First Minister Humza Yousaf resigns after ending power-sharing agreement
Scottish First Minister Humza Yousaf resigned on Monday after the collapse of his power-sharing agreement with the country's Green Party. Scottish National Party (SNP) leader Yousaf was facing a vote of no confidence that he was not expected to survive, after he broke off the agreement with the Green Party last week. "In ending the Bute House agreement in the manner I did, I clearly underestimated the level of hurt and upset I caused Green colleagues. For a minority government to be able to govern effectively and efficiently, trust in working with the opposition is clearly fundamental," he said in a press conference
Simon Harris becomes youngest-ever Irish prime minister, pledges 'reset'
The Irish parliament on Tuesday confirmed Simon Harris as the country's new prime minister, making him the youngest-ever holder of the position. Harris succeeds Leo Varadkar as taoiseach — Irish for leader — following a 88-69 vote by lawmakers. He was presented with his seal of office by President Michael D. Higgins on Tuesday afternoon. Harris said via social media platform X that he was "deeply honoured" to become taoiseach and pledged to "work every day to realise the hopes, dreams and aspirations of all our people." Varadkar announced his sudden resignation late last month, surp
Mourners arrive for Navalny funeral in Moscow; heavy police presence expected
This is CNBC's live blog tracking developments on the war in Ukraine.
Ukraine war live updates: 13 Russian missiles shot down as Kyiv comes under fire; Zelenskyy vows to 'clear the Black Sea'
This is CNBC's live blog tracking developments on the war in Ukraine. Check below for the latest updates.
U.S. Senate approves Ukraine, Israel aid, but bill faces tough path through House
U.S. Senators voted early Tuesday to approve a $95 billion aid package providing funds for Ukraine, Israel and Taiwan, but its future remains uncertain amid intense lawmaker opposition.
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