UK

The government has ruled out a U-turn on the costly tax-cutting mini-budget and the chancellor will not resign despite mounting pressure. It comes after...

The Bank of England has launched a temporary bond-buying programme as it takes emergency action to prevent “material risk” to UK financial stability. It...

Shoppers are paying a record 10.6% more for food than they were a year ago, figures show. Overall shop price inflation accelerated to 5.7%...

The collapse of the value of the pound in the wake of Friday’s mini-budget appears to have stalled, for now, but only thanks to...

The pound has fallen to a record low against the dollar, sparking market speculation that the Bank of England may be forced to intervene....

The Bank of England says it “will not hesitate to change interest rates as necessary” after markets reacted badly to the chancellor’s tax-cutting mini-budget....

A freed British prisoner of war who was held by Russian-backed separatists has told Sky News how he was tortured over several days. John...

Labour will reverse the cut in the higher rate of income tax if it wins power at the next election, Sir Keir Starmer has...

The Labour Party’s annual conference begins today – and policies on neighbourhood policing and clean energy are among those on the agenda. The Labour...

This article was supposed to be a considered look at whether or not this mini-budget will generate the growth it was promising. It was...

The chancellor has denied suggestions he is gambling with the economy as his raft of tax cuts were met with a hostile reception –...

Here are the key points from Chancellor Kwasi Kwarteng’s mini-budget statement to MPs: • The basic rate of income tax will be cut to...

Kwasi Kwarteng will promise a “new era for Britain” with a major package of measures to “turn the vicious cycle of stagnation into a...

The interest rate has been raised to 2.25% – the highest level since the 2008 financial crisis. The Bank of England’s half a point...