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UK prime minister Rishi Sunak dismisses Nadhim Zahawi as chairman of the Conservative Party and minister without portfolio after Sunak's ethics adviser, Laurie Magnus, found that Zahawi had breached the Ministerial Code for failing to disclose a £5 million tax penalty payment to HM Revenue and Customs while serving as Chancellor of the Exchequer under former prime minister Boris Johnson.
2023-01-29

Chancellor of the Exchequer Jeremy Hunt delivers the delayed autumn statement to parliament, announcing measures to stabilize the economy amid a cost of living crisis, including raising the National Living Wage from £9.50 an hour to £10.42 beginning next year, increasing pensions and welfare payments in line with rising inflation, introducing a higher rate windfall tax on the profits of energy firms, introducing a new "temporary tax" on companies that generate electricity, and capping rent increases in the social sector to 7% until 2024.
2022-11-17

The pound sterling falls to its record lowest level against the U.S. dollar.
2022-09-26

Buckingham Palace announces that Prince Harry, Duke of Sussex and Meghan, Duchess of Sussex will be stripped of their royal patronages and honorary military appointments following a review of the royal couple's position within the British royal family. The couple will retain their HRH titles but will no longer use them.
2021-02-19

The United Kingdom's Home Secretary Priti Patel announces a reform of the UK's immigration system. The changes includes the end of freedom of movement, a minimum requirement of migrants to speak English, a minimum salary of between £20,480 and £25,600, while priority will be given to skilled workers over non-skilled migrants. The changes are effective from January 1, 2021.
2020-02-19

Minimum alcohol pricing comes into effect in Scotland, mandating prices of at least 50p per unit. Scotland becomes the first country to introduce such a scheme.
2018-05-1

Scottish YouTuber Mark "Count Dankula" Meechan is fined £800 for a racially aggravated offence under the Communications Act for a video of a pug dog responding to Nazi slogans. Protests are held outside Airdrie Sheriff Court and English Defence League ex-leader Tommy Robinson sits in court to support Meechan.
2018-04-23

British automotive and aerospace engineering firm GKN (founded in 1759) is sold to British-based investment company Melrose Industries for £8.1 billion.
2018-03-29

Following the Brexit vote and the subsequent drop in the exchange rate of the British pound to U.S. dollar, the FTSE 100 Index reaches an all-time intra-day high of 7,129.
2016-10-11

Activists from the Enough Project reveal through "The Guardian" newspaper that Omar al-Bashir's Sudan and Joseph Kabila's DR Congo together received 2.4 million pound sterling (around USD 4 million) in British military aid, in the last five years alone.
2012-09-25