Liz Truss Resigns as U.K. Prime Minister
Liz Truss, the now former Prime Minister of the United Kingdom, has announced her resignation after just 44 days in office. This makes her the shortest serving Prime Minister in British history.
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UK
Liz Truss Elected as New British Prime Minister
The United Kingdom has named Liz Truss as its new Prime Minister following the recent resignation of Boris Johnson. She is now the third woman to hold this title.
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UK Treasury and Bank of England Consider Digital Currency
The Bank of England and the Treasury announced they were creating a task force to consider the potential risks and benefits associated with implementing a central bank digital currency (CBDC). The task force will be jointly led by Sir Jon Cunliffe and Katharine Braddick. Sir Jon Cunliffe is the Bank’s deputy governor for financial stability. Katherine Braddick is the Treasury’s director general of financial services.
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COVID-19 Response, Brexit Spark Violence in Northern Ireland
Once again, simmering tensions have boiled over in Belfast, Northern Ireland, this time in response to COVID-19 and Brexit.
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UK Supreme Court Rules in Favor of Uber Drivers Following 5-Year Legal Battle
On February 19th, the U.K. Supreme Court ruled that Uber drivers must be considered workers rather than self-employed, entitling thousands of Uber drivers to minimum wage and holiday pay, according to BBC News. The ruling requires drivers to be considered workers from the time they log on to the app until they log off.
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Boris Johnson Placed on Voting Deadline
Recent events have the newly-elected British Prime Minister Boris Johnson in a political standstill. Lawmakers in his own party, the Conservatives, had struck down his hope again of leaving the European Union without an agreement being made.
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