Truss and Kwarteng’s main plan has been growth – the shrinking figures look like a failing govt
The problem for a government that sets a target to grow the economy above all else is that every month...
business
Bank of England confirms bond-buying programme will end on Friday
The Bank of England has confirmed its emergency bond-buying programme will end on Friday as planned after reports suggested it...
Jacob Rees-Mogg says he has ‘confidence’ in Bank of England governor Andrew Bailey but disputes pension funds ‘at risk’
Jacob Rees-Mogg has declared his confidence in the governor of the Bank of England, but disputed that pension funds are...
Pound suffers as Bank of England governor rules out extension to bond-buying aid for pension funds
The Bank of England's governor has ruled out extending its bond-buying support for pension funds beyond Friday's deadline, prompting a...
What on earth is happening in UK markets and why is the Bank of England struggling to address it?
This is starting to look a little… unnerving.This morning the Bank of England tweaked its emergency intervention into the government...
‘The worst is yet to come’: IMF says 2023 will ‘feel like a recession’
The International Monetary Fund (IMF) has predicted a tough 2023 as it cut growth predictions and forecast economic contraction in...
Number of people who do not have a job due to long-term sickness at record high
The number of people who do not have a job due to long-term sickness has risen to a record high,...
Of all the troubling signs, the increase in ‘economic inactivity’ is perhaps the most worrying
Of all the troubling vital signs displayed by the British economy, the increase in "economic inactivity" is perhaps the most...
Cost of living: Grocery inflation nears 14% with households facing £643 hike to average annual bill
The pace of price rises for essential groceries has hit a new record high, according to a report looking at...
Government plans cap on revenues of renewable energy firms
Renewable energy generators and nuclear power plants face having their revenues capped as part of new government legislation.The Energy Prices...
Failures in scandal-hit Post Office IT system were raised to Tony Blair’s government, inquiry hears
Senior officials in Tony Blair's government were aware of the technical issues with the Horizon post office computer system, the...
Elliott in talks to back Matalan founder’s bid for discount retailer
The feared investor which owns Waterstones is plotting to back the founder of Matalan in his efforts to wrest back...
Kwasi Kwarteng promises ‘relentlessly upbeat’ economic plan as Tories warn him not to burden the poorest
Kwasi Kwarteng has promised his upcoming economic plan will be "relentlessly upbeat" as some of his own MPs seemed doubtful...
Cost of living: Grocery inflation nears 14% with households facing £643 hike to average annual bill
The pace of price rises for essential groceries has hit a new record high, according to a report looking at...
A warning over public finances, unemployment falls and sales of wonky veg are on the up
Ian King has the latest as the government's warned about a £62bn black hole in the public finances.He also speaks...
No one is quite sure where they stand anymore despite Bank of England’s bond intervention
This is starting to look a little… unnerving.This morning the Bank of England tweaked its emergency intervention into the government...
The economy will not have the workers it needs to grow if the NHS can’t meet demand to get them there
Of all the troubling vital signs displayed by the British economy, the increase in "economic inactivity" is perhaps the most...
‘Material risk’ to UK financial stability with part of pension-linked market ‘dysfunctional’, Bank of England warns
The Bank of England has warned of "a material risk to UK financial stability" as it widened its programme to...
Number of people who do not have a job due to long-term sickness at record high
The number of people who do not have a job due to long-term sickness has risen to a record high,...
Cost of living: More mortgage products now on offer – but interest rates continue to rise
Mortgages continued to become more expensive despite the number of products on the market gradually increasing. The average mortgage interest...