Business

Just over three weeks ago, then-chancellor Kwasi Kwarteng unveiled his tax-cutting mini-budget to MPs which caused economic turmoil in the UK. Following a dramatic...

Jeremy Hunt has revealed he is reversing “almost all” of the tax cuts announced in his predecessor’s mini-budget and is scaling back support on...

The pound has edged a little higher against the dollar in early Asia trading, following PM Liz Truss’s partial reversal of her initial economic...

Unions are close to organising co-ordinated strike action “very soon” following the “horror story” of the past few weeks, a union boss has told...

The government is pressing ahead to introduce legislation which will require transport workers to run a minimum service when strikes are taking place. It...

Interest rates will have to be raised higher than initially hoped in the face of inflationary pressures, the Bank of England (BoE) governor has...

So farewell, then, Trussonomics. The demise of the country’s second shortest-lived chancellor also brings with it the demise of the country’s shortest-lived economic movement....

The Bank of England has purchased £19.3bn of UK government bonds and concluded part of its extraordinary intervention to prevent a collapse in the...

Ministers are in talks with major US-based producers of liquefied natural gas (LNG) in a bid to bolster Britain’s energy security. Sky News has...

The financial markets have responded positively to the government’s anticipated U-turn on parts of its massive mini-budget programme of unfunded tax cuts and energy...

Jeremy Hunt has been appointed chancellor after the prime minister sacked Kwasi Kwarteng. Mr Hunt returns to the frontbenches after a few years off,...

Royal Mail has announced it will begin a process to make 5,000 to 6,000 roles redundant by August next year. The announcement, made in...

The Bank of England is set to stop its government bond buying scheme today after attempting to reassure the UK’s financial markets. The Bank...

The head of the International Monetary Fund has delivered a blunt condemnation of the UK government’s mini-budget – pointing out government and Bank of...

The chancellor has insisted he is “not going anywhere” amid the economic turmoil – and when asked if he was about to do a...

US inflation dropped to 8.2% over the 12 months to September. The US Bureau of Labor Statistics (BLS) said the consumer price index (CPI),...

Royal Mail workers are striking on multiple days across the next few months, with people warned to expect delays to their parcels and letters....

EasyJet have said customers were happier with service over the summer than they were in 2019, before the travel chaos following pandemic lockdowns, despite...

The chancellor has insisted he is “not going anywhere” amid the economic turmoil in the UK and said he remains “totally focused” on delivering...