Sep 16 (IANS) The British pound slumped to a 37-year low on Friday after new data showed that shoppers are pulling back spending as inflation squeezes household budgets, underscoring fears that the economy may already be shrinking, media reports said. The currency fell below $1.14, its lowest since 1985, after the Office for National Statistics said that retail sales in August ...

Prime Minister Narendra Modi spoke on phone today with The Rt. Hon. Elizabeth Truss, Prime Minister of the United Kingdom. PM Modi congratulated PM Truss on assuming the office of the Prime Minister of UK. He also appreciated her contributions to the India-UK bilateral relationship in her previous roles as Trade Secretary and Foreign Secretary. Both leaders committed to further ...

Britain’s longest-serving Queen Elizabeth II died at Balmoral aged 96, ending an era of 70 years of rule. Her family was at her bed side at the Scottish estate since earlier on Thursday. In a statement, Buckingham Palace said: “The Queen died peacefully at Balmoral this afternoon. The Queen came to the throne in 1952. Following her demise, the Operation ...

Rishi Sunak, who was defeated in the party leadership contest is not likely to be given any Cabinet berth, breaking from the tradition whereby most unsuccessful leadership contenders have been offered posts, reports said. The newly elected Conservative leader Liz Truss will take the oath as the next UK Prime Minister on Tuesday. Liz Truss will be the third woman Prime ...