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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:...

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...

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...

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...

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...

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...

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...

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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