Tag: mini-budget
World
Market forecasts for the Bank of England rate are at their lowest since the mini-budget
Market estimates for the Bank of England's bank rate are at their lowest since the mini-budget, which is excellent news for individuals with mortgages.Market...
Business
Two thirds of tax cuts from UK’s mini-budget reversed
The UK government will reverse "almost all" of the tax cuts announced in last month's mini-budget in an emergency move aimed at calming investors.New...
World
How many Tory MPs want Liz Truss to go and which cabinet members have backed the PM?
We've been keeping track of how Tory MPs have been responding to the current situation. While there are a huge number of conversations going on...
World
Liz Truss tweets
The prime minister has tweeted to align herself with the announcements made by chancellor Jeremy Hunt (who some Tory MPs are referring to as...
World
Liz Truss agreed to mini-budget U-turns over weekend, Downing Street confirms
Liz Truss agreed to Jeremy Hunt tearing up her mini-budget during a meeting over the weekend.The prime minister's official spokesman said: "The chancellor and...
World
Labour: ‘The damage has been done’
Shadow chancellor Rachel Reeves says "the damage has been done" by the mini-budget.Responding to Jeremy Hunt's statement today, Ms Reeves said the "Conservatives have...
World
Chancellor’s plan to guarantee energy prices is ‘very welcome’ by IFS
The decision by Jeremy Hunt not to amend the energy price guarantee between now and April next year is incredibly welcome" according to Carl Emmerson,...
World
The pound surges as the chancellor moves to calm markets
On Monday, the pound gained and government borrowing costs fell as investors welcomed the news that Chancellor Jeremy Hunt is speeding up tax and...
World
Sir Keir Starmer hits out at ‘grotesque chaos’ of chancellor sacking and accuses Truss of putting ‘party first and country second’
Labour leader Sir Keir Starmer has hit out at what he called the "grotesque chaos" of chancellor Kwasi Kwarteng's sacking, as he accused Liz...
World
How have the markets reacted today
The Bank of England's help with the markets has finished today (see 4.04 pm post).But what have today's events done to the markets?As Sky...
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