Long-dated bond yields rise as Bank of England doubles potential value of daily gilt purchases
The Bank of England has announced it is doubling the value of UK government bonds it can buy up as...
business
Chancellor to set out debt plan three weeks earlier than planned
Chancellor Kwasi Kwarteng's debt-cutting plan will be published on 31 October - three weeks earlier than planned - alongside an...
Work stress most common trigger of people experiencing ‘Sunday scaries’
Nearly one in seven Britons experience anxiety about the week ahead, dubbed the "Sunday scaries", with work stress the most...
Competition watchdog ‘minded to accept’ sale of stores as Morrisons’ takeover of McColl’s edges closer to completion
The acquisition by Morrisons of McColl's, one of Britain’s biggest convenience store chains, has edged closer to being given the...
Chancellor to set out debt plan three weeks earlier than planned
Chancellor Kwasi Kwarteng's debt-cutting plan will be published on 31 October - three weeks earlier than planned - alongside an...
Decision on whether to raise benefits in line with inflation expected in November, minister says – as Liz Truss remains ‘genuinely undecided’
Liz Truss is expected to make a decision on whether to uprate benefits in line with inflation in November, a...
Bank of England doubles the potential value of daily government bond purchases to prevent Friday cliff edge
The Bank of England has announced it is doubling the value of UK government bonds it can buy up as...
Former Wasps chief spearheads bid for stricken Premiership Rugby club
A former boss of crisis-hit Wasps is spearheading a takeover bid for the Premiership Rugby club that could save it...
Taxpayer’s Bulb bill to hit £4bn as Octopus Energy closes in on takeover
Octopus Energy is close to clinching a takeover of stricken rival Bulb in a deal that will crystallise up to...
BoE rate-setter’s vow on inflation fails to help stricken pound for long
The pound's value ebbed and flowed on Friday - supported by a Bank of England deputy governor's vow to persist...
Kwarteng rules out wholesale reforms to bank ‘firewall’ regime
Kwasi Kwarteng, the chancellor, has ruled out tearing up the regime put in place to segregate high street lenders' investment...
Company insolvencies at highest level since 2009 as energy bills bite
The number of company insolvencies in England and Wales hit its highest level for 13 years in the second quarter...
Energy crisis: Plan for three-hour power blackouts to prioritise heating in event of gas shortages – as EU agrees to cut electricity use
The country has been put on notice that the chances of gas shortages this winter have risen markedly, prompting a...
Energy crisis: How worried should we be about the lights going out?
The latest information on the risks facing gas and electricity supplies suggests there is an increased risk of blackouts this...
Bank of England official criticises government’s mini budget action – as sidelined OBR creates more ‘uncertainty’
Another Bank of England official has weighed in to criticise the government's mini-budget announcement - rebuking the absence of Office...
Energy supplies, the price of gold and the Great British Pub of the Year
On today's episode, Ian King speaks to an energy expert about fuel prices increasing and warnings about gas supplies. There's...
Lenders push Chancellor Kwasi Kwarteng to extend mortgage guarantee scheme
The UK's biggest mortgage lenders will urge the chancellor to extend a government home loans initiative which helps first-time buyers...
Pound falls again as agency downgrades outlook for UK’s credit rating to ‘negative’
A measure of confidence in the UK's creditworthiness has been slashed by another major ratings agency in the wake of...
Oil prices to rise as two million fewer barrels to be produced each day
Two million fewer barrels of oil are to be produced each day, equivalent to 2% of global supply, the Organisation...
Kwarteng to meet high street bank chiefs amid mortgage market freeze
Executives from Britain's biggest high street banks have been summoned for talks with Kwasi Kwarteng amid concerns about the impact...