Central Banks To Boost Flow Of US Dollars Amid Market Unease
Central banks have moved globally to keep credit flowing after an unsettled period in the US banking sector and the Credit Suisse... Read More
Bank of England Governor Warns Of Truss Hangover Effect
There is still a “hangover effect” from the financial instability seen during the prime ministership of Liz Truss, the Bank of England... Read More
UK Faces Decade Of Lost Growth Without Action – CBI
Firms are not investing, prices are rising and the economy is contracting – a dire economic picture that is set to last... Read More
Decisions On Spending Cuts And Tax Rises Are Sober, Officials Say
The chancellor and PM are facing “sober” decisions on potential spending cuts and tax rises, officials have told the BBC. In a... Read More
Jeremy Hunt Scraps Almost All Mini-Budget As Liz Truss Battles To Remain PM
Chancellor Jeremy Hunt has axed most of Liz Truss’s mini-budget, as the prime minister tries to remain in power. Mr Hunt announced... Read More
Liz Truss Under Pressure From Senior Tory MPs To Rethink Tax Cuts
The government may have to rethink its tax-cutting plans to reassure financial markets and stabilise the economy, some senior Conservative MPs have... Read More
PM To Meet Head Of OBR Following Market Turmoil – Mini Budget
The prime minister will meet the head of Britain’s independent forecaster on Friday after days of market turmoil. In an unusual move,... Read More
Treasury Rejects U-Turn On Mini-Budget Despite Turmoil
The government will not abandon its mini-budget despite the Bank of England having to step in amid market turmoil, a Treasury minister... Read More