The pound briefly retreated Thursday after UK finance minister Sajid Javid sensationally quit Prime Minister Boris Johnson's government, dealers said.

Britain's planned digital tax on tech giants will proceed as planned from April, UK finance minister Sajid Javid insisted Wednesday despite US threats of retaliatory tariffs.

Britain’s plan to raise the minimum wage to two-thirds of median earnings, taking it to 10.50 pounds (13.58 dollars) an hour, was endorsed by an independent review on Monday that found setting a floor on pay had a negligible effect on job creation.

Britain's government has scrapped plans to present its new budget next month, finance minister Sajid Javid said Friday, as it hopes for a general election in December to push through Brexit.

Stung by an attack on Muslims in London a year ago, Britain is facing a growing threat from far-right extremists fuelled by online hate speech, forcing the authorities to react.