Two thirds of tax cuts from mini-budget reversed
Some £32bn of the £45bn promised in mini-budget will be overturned, says new Chancellor Jeremy Hunt....
Pound rises as chancellor moves to reassure markets
Sterling climbs 1% against the dollar on news that UK tax and spending measures are to be fast-tracked....
Chancellor to fast track tax and spending measures
The move is designed to help reassure jittery markets before they open in London this morning....
Pound moves higher in Asia trade after U-turns
The currency gained 0.5% against the US dollar in early Asia trading on Monday....
Tesco warns public faces hardship in wake of interest rates rise
John Allan told the BBC he feels a “moral responsibility” to help those affected by rates going up....
Bank of England chief warns of fresh interest rate hike
Andrew Bailey also describes his conversations with Chancellor Jeremy Hunt as a “meeting of minds”....
Markets rally on talk of mini-budget U-turn
Shares climb and government borrowing costs fall on speculation over possible changes to the PM’s economic plan....
Royal Mail to axe up to 6,000 jobs as losses rise
The postal service blames strike action and widening losses for the mass redundancies....
Chancellor to return early for crunch talks over mini-budget with PM
As pressure mounts, many Conservative MPs say they think changes to the mini-budget are inevitable....
Electricity prices vary by nearly 4p per unit
People in North Wales and Mersey pay the highest rate for their electricity, new figures reveal....