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UK economy shrinks in August; pound rises on hopes of bond-buying extension – business live

Key events 28m ago UK business secretary expresses confidence in Bank of England governor 40m ago Former BOE official:...
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Business

OBR forecasts likely to show £60bn-£70bn hole after Kwarteng’s mini-budget

Kwasi Kwarteng has been handed independent forecasts on the state of the UK finances that are expected to show...
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Business

Kwarteng considers extending mortgage guarantee scheme

The chancellor is considering extending the government’s mortgage guarantee scheme, after UK bank bosses raised concerns over the state...
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Business

Meltdown averted – but risk of repeat is obvious question Bank needs to answer | Nils Pratley

I t was a close-run thing. That is a less-than-reassuring summary of the Bank of England’s analysis of...
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Business

Pound edges higher ahead of Liz Truss meeting with OBR – business live

Key events 33m ago Treasury committee chair: 'rethink' on mini-budget needed to meet fiscal rules 1h ago Introduction: Pound...
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Business

Pound slides; former BOE chief Carney accuses government of ‘undercutting’ Bank – business live

Key events 2m ago Truss and Philp fail to reassure markets 33m ago UK government bond yields rise again...
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Business

Bank of England in £65bn scramble to avert financial crisis

The Bank of England has been forced into emergency action to halt a run on Britain’s pension funds after...
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Business

Bitcoin holds $19K, but volatility expected as Friday’s $2.2B BTC options expiry approaches

This week, the $20,000 resistance is proving to be stronger than expected and even after Bitcoin ( BTC )...
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