BusinessLiz Truss warned businesses will ‘go on strike’ by halting investment without clear planAEA3September 29, 2022 by AEA3September 29, 20220 Companies ‘won’t invest until they see some clarity’, says business chief Martin Sorrell...
BusinessWhat are government bonds and how will the Bank of England use them to stabilise markets?AEA3September 29, 2022 by AEA3September 29, 20220 Threadneedle Street intervenes to buy up long-dated gilts and ‘restore orderly market conditions’...
BusinessWhich lenders have removed their mortgages as hundreds more deals pulledAEA3September 29, 2022 by AEA3September 29, 20220 321 more deals have been pulled as market calms after mini-Budget turmoil...
BusinessCape Town airport running low on aviation fuelAEA3September 29, 2022 by AEA3September 29, 20220 Rough seas are delaying the arrival of a cargo of jet fuel...
BusinessPound slips again in Asia trading after rallying due to Bank of England interventionAEA3September 29, 2022 by AEA3September 29, 20220 Economists say BoE addressed symptom and not cause with intervention...
BusinessLiz Truss government ‘undercutting’ economic institutions, says ex-Bank of England governorAEA3September 29, 2022 by AEA3September 29, 20220 Liz Truss’s government has been “undercutting” the UK’s economic institutions with its borrowing-fuelled tax cut spree, said former Bank of England governor Sir Mark Carney....
BusinessWhat would happen if the IMF bailed out Britain?AEA3September 28, 2022 by AEA3September 28, 20220 Fund issues rare rebuke to UK warning against pursuing Kwasi Kwarteng’s tax-slashing agenda...
BusinessWhat are government bonds and how will Bank of England use them to stabilise markets?AEA3September 28, 2022 by AEA3September 28, 20220 Threadneedle Street intervenes to buy up long-dated gilts and ‘restore orderly market conditions’...
BusinessMoody’s warns against Kwarteng’s ‘unfunded’ tax cuts after IMF interventionAEA3September 28, 2022 by AEA3September 28, 20220 Global ratings agency questions ‘credibility of government’s fiscal strategy’ in stinging statement...
BusinessPound falls after IMF urges Kwarteng to ‘re-evaluate’ tax cutsAEA3September 28, 2022 by AEA3September 28, 20220 Sterling is trading close to $1.07 this morning after falling from $1.08 on Tuesday...