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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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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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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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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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DIY chain Kingfisher’s profits drop 30% amid economic uncertainty; Mike Ashley to leave Frasers board – business live

Key events 5m ago Full story: Mike Ashley to step down from Frasers Group board 7m ago Kingfisher sees...
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Pound rises from pandemic lows on Truss’s plan to freeze energy bills – business live

From 1h ago 08. 29 Pound rises from pandemic lows on Truss's plan to freeze energy bills Tackling the...
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Gas prices soar and pound and euro fall as Russia shuts Nord Stream pipeline

Gas prices surged on Monday and the pound and euro slumped after Russia shut down a big pipeline indefinitely....
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