Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

The Latest Breaking News from Bank of England

Liz Truss FINALLY breaks silence after budget turmoil and says it's 'right for the country'

The Prime Minister refused to accept she was wrong after borrowing £72bn in one year alone to fund tax cuts, sparking turmoil and a £65bn Bank of England bailout

Daily Mirror

Mark Carney accuses Truss government of undermining Bank of England

Former governor’s comments come after central bank forced into £65bn intervention to avert financial crisis

The Guardian - UK

40% of mortgage deals pulled since mini-budget; financial markets in turmoil – as it happened

Prime minister and Treasury secretary fail to restore investor confidence in series of interviews, as government bond yields rise and stock markets tumble

The Guardian - UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Tories threaten to cut benefits and the state to pay for tax cuts for the rich

As post-mini-Budget chaos engulfs Britain, Treasury minister Chris Philp refused to rule out a real-terms cut to DWP Universal Credit, asked for 'efficiency savings' and said 'I'm not going to apologise'

Daily Mirror

Liz Truss government ‘undercutting’ economic institutions, says ex-Bank of England governor

Mark Carney says mini-Budget measures ‘working at some cross-purposes’ with central bank

The Independent UK

FTSE 100 Live: Bank of England intervention to reach £65 billion, stocks slip

The Bank of England’s intervention in the UK government debt market was expected to cost £65 billion, with £5 billion in bond buying every day for a further 13 days.

Evening Standard

Pound slips again in Asia trading after rallying due to Bank of England intervention

Economists say BoE addressed symptom and not cause with intervention

The Independent UK

Read news from The Economist, FT, and more,
with one subscription

Baht leads declines among weak Asian currencies

Most emerging Asian currencies weakened against a stronger US dollar on Thursday, with the Thai baht shedding more than 1% following a quarter-point rate hike that investors viewed as moderate to bring down inflation running at a 14-year high.

Bangkok Post

Thursday briefing: Tehran faces a season of dissent - and the Bank of England acts in the UK

In today’s newsletter: Extraordinary protests have lit up Iran after a Kurdish woman died in police custody. Chowra Makaremi walks us through what it all means – and if this could be how the country’s theocracy ends

The Guardian - UK

Minister suggests benefits may not be uprated in line with inflation

Government departments have been reportedly asked to make plans for efficiency savings

The Independent UK

Asian stocks follow Wall St higher after UK calms markets

Asian stock markets have followed Wall Street higher after Britain’s central bank moved forcefully to stop a budding financial crisis

The Independent UK

Pound – live: Liz Truss to meet head of UK’s independent fiscal watchdog after market meltdown

Chancellor insists that he is ‘sticking with’ his mini-budget

The Independent UK

Ray Dalio Says UK Operating 'Like An Emerging Country,' Spending Plan 'Suggests Incompetence'

The rout in the financial market resulting from the U.K. government’s spending plan “suggests incompetence,” billionaire investor and founder of Bridgewater Associates, Ray Dalio, said in a series of tweets.

Benzinga

Bitcoin, Ethereum, Dogecoin Rise: Analyst Sees Crypto Bounce 'Lasting A Little Longer'

Major coins traded higher Wednesday evening as the global cryptocurrency market cap rose 0.9% to $941.55 billion at 8:11 p.m. EDT.

Benzinga

Get all your
news in one place.

100’s of premium titles.
One news app.

Wales Online

Ministers could scrap inflation-linked benefits rise amid economic turmoil

Treasury minister Chris Philp has refused to commit to an expected uprating of benefits in line with inflation

Tribune News Service

S&P 500 roars back from six-day slide; bonds surge: Markets wrap

U.S. stocks and Treasuries rallied on Wednesday after the Bank of England’s decision to stage a market intervention boosted UK bonds and tentatively calmed markets.

ABC News

ASX and US markets surge after Bank of England intervenes in bond market to rescue UK financial system

The ASX and US stocks rally after the Bank of England announces a government bond-buying program to stabilise financial markets shaken by the UK government's tax cuts. AGL plans to exit coal earlier and Premier Investment jumps on special dividend.

Wales Online

Welsh Secretary urges 'calm' in face of turmoil sparked by mini-budget

Robert Buckland stood by Chancellor Kwasi Kwarteng’s plans during an interview with ITV Wales

Get all your
news in one place.

100’s of premium titles.
One news app.

Investors Business Daily

Dow Jones Futures Fall As Treasury Yields Rebound; Eli Lilly Leads 7 Bullish Stocks

Dow Jones futures fell as Treasury yields rebounded, signaling Wednesday's rally may be short-lived. Eli Lilly leads some bullish stocks.

The Independent UK

Cabinet minister urges people to remain ‘calm’ amid mini-budget turmoil

Welsh Secretary Robert Buckland has stood by the Chancellor’s economic plans, saying it is time to be ‘bold’.

France 24

UK market mayhem sparks 'unprecedented' bond-buying from Bank of England

The Bank of England has launched a £65 billion emergency bond-buying programme, in an effort to calm the markets and avert a financial crisis. The "unprecedented" support comes amid mounting criticism of the government's plan to slash taxes. Also in the show: Beata Javorcik, Chief Economist at the European Bank…

Evening Standard

Treasury minister says ‘we’ll press ahead with tax cuts’ as Tory backlash grows amid market turmoil

Cabinet ministers ‘to be told to make efficiency savings’ amid growing Tory backlash over mini-Budget chaos

Manchester Evening News

Pension funds 'would have collapsed today' if Bank of England hadn't have stepped in, experts claim

The Bank announced it was stepping in to buy Government bonds – known as gilts – at an 'urgent pace'

Investors Business Daily

Dow Jones Jumps As Yields Plunge; This New Cathie Wood Buy Rockets; Bitcoin Rallies, Coinbase Jumps

The Dow Jones powered higher. A Cathie Wood buy was surging as Biogen exploded. Coinbase stock jumped as Bitcoin rose. Apple stock dived.

The Guardian - UK

Bank of England in £65bn scramble to avert financial crisis

Bank of England left with no action but to intervene after Kwasi Kwarteng’s mini-budget

1 … 82 83 84 85

People

Nazanin Zaghari-Ratcliffe

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.