The pension schemes of Serco, the government contractor, have approached their sponsor to seek financial support amid a funding crunch triggered by this week’s...
Liz Truss will meet the head of the UK’s independent fiscal watchdog tomorrow after a powerful group of cross-party MPs demanded the chancellor release...
The Bank of England’s chief economist has contradicted the government by saying there is “undoubtedly a UK-specific component” to the market reaction of the...
Chancellor Kwasi Kwarteng has insisted the government is focusing on “delivering the growth plan” and “protecting people right across the country” despite a week...
The Bank of England’s dramatic intervention today was in response to a “run dynamic” emerging in the British pensions system which could have resulted...
The International Monetary Fund (IMF) has criticised the UK government’s mini-budget, saying the plans for tax cuts and spending will increase inequality and counteract...
The market turmoil caused by Friday’s seismic mini-budget has hit mortgage offerings as providers withdrew partial and entire lending ranges. Virgin Money and Skipton...
Pendragon, the London-listed car dealer behind brands including Evans Halshaw and Stratstone, has received a fresh £400m takeover approach from its largest shareholder. Sky...
GSK, the FTSE-100 pharmaceuticals giant, has poached Burberry Group’s finance chief to create a rare all-female executive leadership team in London’s blue-chip share index....
A top executive at Morrisons is in talks to leave, days after it emerged that the Bradford-based grocer had been displaced as Britain’s fourth-biggest...
Andy Byford, the Transport for London (TfL) chief who helped steer the capital’s bus and Tube networks through the most financially precarious periods in...