There is international pressure on Kwasi Kwarteng to change course after his mini-budget spooked the markets with its package of tax cuts and increased borrowing. In an extraordinary statement, the ...
London stocks closed in the red on Tuesday, with housebuilders under particular pressure, while sterling regained some poise after hitting an all-time low versus the dollar a day earlier. The FTSE 100 ...
Stocks in London sunk into the red on Tuesday afternoon, with a see-saw session succumbing to selling pressure with sterling continuing to fight back from historic lows. Joshua Mahony, senior market ...
The Bank of England's chief economist indicated Tuesday that the markets shock caused by Britain's tax-slashing budget called for a "significant" monetary policy action at its next meeting in November ...
A Labour government will create a publicly-owned energy company within its first year in office, Keir Starmer has announced. The Labour leader said Great British Energy will take advantage of ...
Irish Minister for Finance Paschal Donohoe on Tuesday unveiled the government's EUR11 billion budget package to help tackle the rising cost of living for individuals, families and households. Donohoe ...
London's FTSE 100 underperformed, with its retail and housebuilding sectors its undoing, as traders fret over the possibility of chunkier rate hikes by the Bank of England to defend a hard-pressed ...
UK Chancellor Kwasi Kwarteng has said he is "confident" his tax-cutting strategy to drive economic growth will work despite the turmoil on the financial markets. In talks with City investors in the ...
Shares in FireAngel Safety Technology Group PLC slumped on Tuesday as it reported a widened pretax loss in the first half of 2022. Shares in the Coventry-based home safety product maker were trading ...
National Grid, which manages the UK's power infrastructure, in March agreed to sell a 60% interest in its gas transmission and metering business in the UK to a consortium of "long-term infrastructure ...
London stocks had slipped into the red by midday on Tuesday, with housebuilders under the cosh, while sterling regained some poise after hitting an all-time low versus the dollar a day earlier. The ...
London stocks rose in early trade on Tuesday as sterling regained some poise after hitting a record low a day earlier. At 0845 BST, the FTSE 100 was up 0.6% at 7,063.34, while the pound was 1.1% ...