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Economic policy

More concessions needed to fix UK’s reputation in markets, Kwarteng is told

Kwasi Kwarteng has been warned that further concessions on his mini-budget will be required beyond his U-turn on the...

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...

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...

Labour will launch publicly owned Great British Energy, Starmer vows

Keir Starmer has said Labour will launch Great British Energy, a publicly owned energy company run on clean UK...

Kwarteng’s tax cuts will force ‘significant’ interest rate rises by Bank of England

A senior Bank of England official has warned “significant” increases in interest rates will have to be imposed by...

Kwasi Kwarteng mulls more beneficial tax cuts for high earners

The government is considering a series of further tax cuts that could hand thousands of pounds to high earners,...

Kwarteng: UK economy must expect more tax cuts and deregulation

Liz Truss plans to radically reshape the UK economy with even more tax cuts and fewer regulations, her chancellor...

Truss’s go-for-broke gamble means Labour inherits economic mess if it wins election | Larry Elliott

L abour tends to come to power with the economy in poor shape. That was the case for...

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