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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...

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...

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...

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...

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...

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...

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...

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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