Economy
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Demand for homes softens as mortgage rates rise – Rightmove
Buyer demand softened over the last fortnight, a closely-watched survey of the UK housing market showed on Monday, as the spike in…
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Another day, another U Turn? Treasury to bring forward tax plans as Chancellor will make further statement today
Just after 6am this morning, the Treasury issued an announcement that the new Chancellor, Jeremy Hunt MP, who has spent much…
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Chancellor warns UK faces tough choices on spending and taxation
The new Chancellor has warned that the country faces difficult choices when it comes to tax and spending policies. In an interview…
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Huge majority of Britons believe recession is imminent, according to Censuswide poll
More than 4 in 5 Britons believe the UK will dip into recession next year, according to research. A Censuswide poll for…
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Cost-of-living crisis hits parents’ plans for children’s future
The cost-of-living crisis risks scarring the next generation, with around one in five (17%) parents of children 18 and under saying that…
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Truss strikes chastened tone with tax U-turn and change of Chancellor
Written by Danni Hewson, AJ Bell financial analyst As U-turn’s go it’s a doozy. The freeze in corporation tax wasn’t something most…
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Kwarteng’s fate highlights loss of UK credibility as volatility shows no sign of abating
Written by Richard Carter, head of fixed interest research at Quilter Cheviot Kwasi Kwarteng’s fate shows just how serious the UK’s loss…
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Chancellor flies home early for crunch talks
The chancellor has cut short his visit to the International Monetary Fund in Washington amid growing speculation that the government is preparing…
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Kwasi Kwarteng straight from arrivals to departures – but pound falls below $1.12 amid fresh political turmoil
Written by Susannah Streeter senior investment and markets analyst, Hargreaves Lansdown Amid the wait for the wheels to screech on another u-turn,…
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A nervous PM Truss announces ‘U’ turn to corporation tax plan but will it be enough to steady the markets? – experts react
In a press conference held this afternoon, a nervous and uneasy sounding Prime Minister Liz Truss has announced the latest ‘U’ turn…
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