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UK

UK

Bank of England takes emergency action to prevent ‘material risk’ to UK financial stability

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...

by admin September 28, 2022
UK

Mini-budget U-turn ruled out despite Bank of England’s emergency action

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...

by admin September 28, 2022
UK

Cost of food rockets by more than ten percent in just one year

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%...

by admin September 27, 2022
UK

Pound steadies as markets expect Bank of England action to prop up UK currency

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...

by admin September 27, 2022
UK

Pound sinks to record low against the dollar leaving Bank of England facing pressure to act

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

by admin September 26, 2022
UK

Bank of England ‘will not hesitate to change interest rates as necessary’ after pound’s fall

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....

by admin September 26, 2022
UK

Briton held in Ukraine used as ‘punching bag’ over days of torture

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...

by admin September 25, 2022
UK

Keir Starmer says he will reverse tax cut for top earners if he wins next election

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

by admin September 25, 2022
UK

Labour conference begins with pledges on policing and clean power – as Starmer says ‘change is on the way’

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

by admin September 24, 2022
UK

Not yet a crisis, but it doesn’t look especially good as sterling slumps | Ed Conway

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...

by admin September 23, 2022
UK

Chancellor denies gambling with economy as pound sinks to near historic lows

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

by admin September 23, 2022
UK

Stamp duty, energy bills and alcohol duty: The key mini-budget announcements

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...

by admin September 23, 2022
UK

Chancellor to promise ‘new era for Britain’ with plan for growth in mini-budget

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

by admin September 22, 2022
UK

Interest rate raised by half a point to 2.25%, the highest level since 2008

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...

by admin September 22, 2022
UK

Chris Kaba’s family speak out after being shown bodycam footage of police shooting him dead

The mother of an unarmed black man who was killed by a police officer in south London has again called for justice after being...

by admin September 21, 2022
UK

All UK businesses secure energy support package ‘costing tens of millions’ to slash bills

Wholesale energy costs for businesses will be slashed by up to half their expected price through the winter months, the government has announced. Firms...

by admin September 20, 2022
UK

Truss admits her tax cuts will disproportionately benefit the rich – and says she’s prepared to be an unpopular PM to boost economy

Liz Truss has said she is prepared to be unpopular with her tax policy as she believes it will ultimately benefit the British economy....

by admin September 20, 2022
UK

King Charles flies to Scotland day after Queen’s funeral

King Charles has flown to Scotland the day after the Queen’s funeral service. He left Aberdeen airport on Tuesday afternoon after flying in from...

by admin September 20, 2022
UK

Queen’s final journey as Last Post sounded at monarch’s state funeral

The Queen’s coffin has begun its final journey following her state funeral as the nation fell silent to honour Britain’s longest reigning monarch. The...

by admin September 19, 2022
UK

Queen is buried beside Prince Philip – as royals bid farewell to monarch at procession and funeral

The Queen has been buried beside her husband, Prince Philip, after a state funeral and a poignant chapel service – as the nation bid...

by admin September 19, 2022
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Recent Articles
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  • Energy price cap: Government costs to raise bills from OctoberEnergy price cap: Government costs to raise bills from October
  • Blaney wins thriller at Daytona as playoff field setBlaney wins thriller at Daytona as playoff field set
  • Zilisch lands Cup ride with Trackhouse RacingZilisch lands Cup ride with Trackhouse Racing
  • Kaulig Racing boosts Ram return to Truck SeriesKaulig Racing boosts Ram return to Truck Series
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  • AL Cy Young contender Eovaldi likely done for '25AL Cy Young contender Eovaldi likely done for ’25
  • Consumers warned after thousands targeted by scammers impersonating financial regulatorConsumers warned after thousands targeted by scammers impersonating financial regulator
  • Buckeyes' orders for Sayin: 'Just win' vs. HornsBuckeyes’ orders for Sayin: ‘Just win’ vs. Horns
World News
  • Gaza hospital rejects Israel's claim troops 'saw Hamas camera' before deadly attackGaza hospital rejects Israel’s claim troops ‘saw Hamas camera’ before deadly attack
  • Israeli protesters demand Netanyahu does whatever it takes to bring hostages home - but is he listening?Israeli protesters demand Netanyahu does whatever it takes to bring hostages home – but is he listening?
  • Ukraine is turning warfare into a sci-fi battle of machines - and the West has work to doUkraine is turning warfare into a sci-fi battle of machines – and the West has work to do
  • Five journalists among 20 killed in Israeli strikes on hospital, Gaza health ministry saysFive journalists among 20 killed in Israeli strikes on hospital, Gaza health ministry says
  • Israel may not be targeting journalists but it is certainly killing a lot of themIsrael may not be targeting journalists but it is certainly killing a lot of them
  • Kilmar Abrego Garcia: Man wrongly deported from US to El Salvador detained by ICE againKilmar Abrego Garcia: Man wrongly deported from US to El Salvador detained by ICE again
  • Mushroom murderer Erin Patterson left me 'half alive', sole survivor saysMushroom murderer Erin Patterson left me ‘half alive’, sole survivor says
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