Truss answered questions both from the opposition and her own Conservative Party, after she reversed course on her controversial tax-cut plans.
Prime Minister Liz Truss has said Kwarteng had "put the national interest first" by agreeing to her demand that he step aside less than six weeks into the job.
Buckingham Palace has set a date — May 6, 2023 — for the coronation of King Charles III. The ceremony will take place at Westminster Abbey in London, almost exactly 70 years after his mother's coronation.
Human rights watchdogs from Russia, Ukraine and Belarus were on Friday announced the winners of the 2022 Nobel Peace Prize, with the jury criticising Russian President Vladimir Putin's "authoritarian" regime as he wages war in Ukraine.
UK Prime Minister Liz Truss admits she "could have laid the ground better" for her plan to reduce taxes for the wealthy. Four weeks into the job, she faces scrutiny from her own party over her handling of the scandal.
Just ten days after presenting his controversial mini-budget, UK Finance Minister Kwasi Kwarteng has had to retract one of its key features. Those with annual incomes above £150,000 will not see their taxes cut in the end. The U-turn comes after days of market turmoil and political pressure.
Vladimir Putin poses with Moscow's four proxy leaders of eastern Ukraine provinces annexed this Friday in a ceremony at the Kremlin. For the Russian president, it is not mission accomplished but rather no going back in a war directed at Ukraine and the West.
The Bank of England has launched a £65 billion emergency bond-buying programme, in an effort to calm the markets and avert a financial crisis. The "unprecedented" support comes amid mounting criticism of the government's plan to slash taxes.
Russian conscripts are likely to be sent to Ukraine with minimal training and preparedness, UK intelligence has said. Russian ally Kazakhstan has refused to back "referendums" in eastern Ukraine. DW has the latest.
The currency took a beating from investors after the government announced plans to cut billions in tax revenues. The new Conservative Party government under Prime Minister Liz Truss has been in power for just 20 days.
The Bank of England has warned that the UK economy may already be in recession, as it hikes interest rates for the seventh time to combat the spiralling pace of price rises. Inflation is still hovering nearly 40-year highs at just under 10 percent.
French President Emmanuel Macron spoke with newly appointed British Prime Minister Liz Truss on the sidelines of the UN General Assembly, just a few weeks after Truss had raised eyebrows with comments about him.