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Hunt rips up almost all of mini-budget and scales back energy help

Jeremy Hunt has ripped up almost all of Liz Truss’s disastrous mini-budget, scrapping virtually all of the announced tax...
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Business

UK investors brace for another week of market turbulence

City investors are bracing for a week of renewed choppy trading in UK financial markets as Liz Truss’s government...
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Business

Joe Biden calls Liz Truss tax cuts a ‘mistake’ as political fallout continues

Joe Biden has called Liz Truss’s abandoned economic plan that sent financial markets into chaos and caused a sharp...
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Business

Jeremy Hunt says difficult decisions ahead after Truss ‘mistakes’

The new chancellor, Jeremy Hunt, has spoken of “mistakes” made by the Liz Truss administration and predicted “difficult decisions...
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Business

Liz Truss to raise corporation tax in another humiliating U-turn

Liz Truss has performed a humiliating U-turn over her flagship plan to cut corporation tax, as she insisted she...
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Business

Cliff edge looms for UK’s financial system

Britain’s financial system is approaching a cliff edge. After stepping in to calm the market chaos that followed...
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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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