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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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Tag: mini-budget

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Jury acquits Diddy of sex trafficking, convicts him of transporting women for prostitution

“Don’t make me and Stonebwoy fight ooo”- Samini warn netizens

Kanye West’s Heil Hitler song bans him from entering Australia