Bank emergency move driven by pension fund fears
The huge tax cutting plans in Friday’s mini-budget sparked unprecedented moves in financial markets....
Draw up plan for cuts, government departments told
The Treasury rejects calls to abandon last week’s mini-Budget in the face of market turmoil....
Bank of England steps in to calm markets
The Bank has announced that it will buy government bonds to ‘restore orderly market conditions’...
IMF calls on UK to reconsider tax cuts
The proposal will work at “cross purposes” with the cost-of-living fight, the IMF says....
Royal Mail workers to hold 19 days of strike action
It will cover the Christmas build-up, including key shopping days Black Friday and Cyber Monday....
Mortgage lenders halt some deals after pound falls
Two lenders, Virgin Money and Skipton, say they will stop mortgage offers to new customers....
Bank will ‘not hesitate’ to hike interest rates after pound’s fall
The Bank of England will not hold an emergency meeting to set interest rates after the pound fell....
Pound slumps to all-time low against dollar
Sterling plunged by 4% in early Asia trade to the lowest level since decimalisation in 1971....
Kwasi Kwarteng: I want to keep cutting taxes
Tax cuts will help to boost growth, says chancellor, as government also looks at relaxing immigration....
Kwasi Kwarteng’s tax cuts benefit top 1%, Labour says
Angela Rayner says the government is taking a dangerous gamble – but ministers argue tax cuts will get economy growing....