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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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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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Bank launches emergency intervention in markets after Kwarteng mini-budget

The Bank of England has taken emergency action to calm turmoil in financial markets amid the collapse in the...
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Business

Pound slumps again after IMF urges UK to reconsider tax cuts in stinging attack – business live

Key events 18m ago Starmer: November statement 'far too long off' to review tax cuts 31m ago UK house...
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Virgin Atlantic chief: UK government should reverse course as pound slumps

Virgin Atlantic has urged the government to consider “reversing course” after the mini-budget, with the collapsing pound massively driving...
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Business

City braces for more volatility after mini-budget rocks pound

City investors are bracing for more volatility after the bonanza of tax cuts and spending measures in Kwasi Kwarteng’s...
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Business

Halifax warns of ‘challenging period’ for UK housing market, oil prices drop to nine-month low – business live

Key events 32m ago IFS director: expected energy support package 'very poorly targeted' 44m ago High energy prices leave...
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