Mini-budget 2022
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
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...
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Business
City watchdog asks banks how they will support mortgage borrowers
The City watchdog is asking banks how they plan to step in and support struggling mortgage borrowers, as lenders...
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Business
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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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
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,...
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