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UK’s cost of borrowing on international markets overtakes Greece and Italy

Britain’s cost of borrowing on international money markets has jumped above the rates paid by Greece and Italy as...
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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

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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Business

Kwarteng accused of reckless mini-budget for the rich as pound crashes

Kwasi Kwarteng has been accused of delivering a reckless mini-budget for the rich after his £45bn tax-cutting package sent...
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Business

UK’s mounting debts unsustainable if sweeping tax cuts go ahead, warns IFS

Britain’s mounting debts will be unsustainable if the government presses ahead with sweeping tax cuts in a mini-budget on...
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