Investors calm as Rishi Sunak wins race for prime minister
The pound is broadly unchanged against the dollar while government borrowing costs are down on the day....
UK set to be sick man of Europe, says Tory backer
Guy Hands, a leading investor, says the UK faces higher taxes, lower benefits and a possible IMF bailout....
Pound steady as Rishi Sunak seen on track to become PM
Sterling initially rose against the dollar after Boris Johnson dropped out of the leadership contest....
Royal Mail: 100 days left to use stamps without a barcode
Royal Mail says everyday stamps that do not have a barcode will no be longer valid after 31 January....
UK faces tougher austerity era, ex-Bank chief warns
Former Bank of England governor Lord King says people could face “significantly higher taxes”....
Avanti West Coast rail services axed amid strike action
Only one Avanti service per hour will run from London to Manchester, Liverpool and Glasgow....
Moody’s: UK’s economic outlook now ‘negative’, ratings agency says
Political instability and high inflation in the country means it is less likely to pay back debts, the ratings agency says....
Government borrowing rises in September
Borrowing reached £20bn last month, according to the Office for National Statistics....
Inflation: Warning eight million struggling to keep up with bills
Some 7.8 million people in UK finding bills “a heavy burden”, warns watchdog....
Investors remain calm despite political chaos
One analyst says investors are “watching in a kind of stunned, open-mouthed horror” at political events....