bank of england

Question Time Audience Member Lays Bare The Real-World Impact Of The Budget

Gasps as young woman explains how she is faced with a huge mortgage hike following the market turmoil.
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Tony Blair Institute Says Kwasi Kwarteng's Plan 'Looks Set To Fail'

"The government’s growth plan is all pain, little gain for the UK taxpayer and our economy.”
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Austerity Returns As Whitehall Departments Told To Find Savings To Help Rescue Markets

Kwasi Kwarteng deputy tells secretaries of state to identify efficiencies and reprioritise spending plans.
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Is Government To Blame For Market Turmoil? No, Says Minister Sent To Bat For Truss And Kwarteng

Radical tax cuts glossed over as Andrew Griffith says "every major economy" is dealing with the effect of Putin's invasion of Ukraine.
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What Is Happening With The UK Economy Right Now? Here's What You Need To Know

And what the Bank of England's announcement actually means.
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Where Is Liz Truss? Calls To Recall Parliament As Bank Of England Steps In

Labour leader Keir Starmer said parliament should be recalled now.
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'Don't Panic' Pleas Fail To Calm Jitters As Pound Plunges

Lenders withdraw mortgages from sale after mini-budget sparked market turmoil.
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A Tory Peer Doesn't Think 'Anything Has Gone Wrong' As Pound Touches Record Low

The former chief Brexit negotiator dismisses market turmoil since the mini-budget as “unwarranted” and an “over-reaction”.
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The Pound Has Plunged To A Record Low After The Mini-Budget. Here's What It Means For You

Markets spooked by tax cuts costing up to £45 billion annually, and the cost of living could now be even higher.
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How The Interest Rate Rise Will Impact Your Mortgages And Credit

The central bank is poised to sanction the eighth consecutive rise to combat spiralling inflation.
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