A cryptocurrency firm that employs the former chancellor Philip Hammond as an adviser has withdrawn its application to operate in the UK,
Jeremy Hunt has been appointed as Liz Truss’s new chancellor, in a stunning reversal of political fortune and a sign that the
The government will raise corporation tax despite promising not to do so in the mini-budget. Kwasi Kwarteng, who was today sacked as chancellor,
Liz Truss has sacked her chancellor Kwasi Kwarteng and will announce plans to raise corporation tax as she abandons key parts of
Senior Conservatives are holding talks about replacing Liz Truss with a joint ticket of Rishi Sunak and Penny Mordaunt as part of a “coronation”
Royal Mail has announced it will begin a process to make 5,000 to 6,000 roles redundant by August next year. The announcement, made
Kwasi Kwarteng is ending his trip to Washington a day early, flying back to London amid speculation that the government is planning
The Bank of England is set to stop its government bond-buying scheme today after attempting to reassure the UK’s financial markets. The Bank
Lenders expect the availability of mortgages and consumer and corporate credit to shrink as more people and businesses default on loans. Rising interest
The sharp rise in borrowing costs since Kwasi Kwarteng’s “mini-budget” means that most of Britain’s warehouses, offices and shopping centres will lose
