The UK government's energy price cap is the single most expensive outlay of Liz Truss' new administration, but its cost could come in a lot lower than markets had been anticipating as wholesale gas…
Read more … →The latest round of S&P Global PMI Surveys of manufacturing and services sectors suggested on Friday that UK and Eurozone economies may already have entered recession in the third quarter of th…
Read more … →The Bank of England raised Bank Rate by half a percentage point for a second time in September but warned that it could "respond forcefully" to anything that threatens to lift inflation further and…
Read more … →The UK government appeared to exacerbate losses for markets in London on Friday following a budget-like announcement from Chancellor Kwasi Kwarteng that has drawn much comment from economists, anal…
Read more … →UK government bond yields rose by double-digit percentages in some cases on Friday as the sovereign debt market responded to a budget-like announcement from Chancellor Kwasi Kwarteng, which is expe…
Read more … →The Bank of England (BoE) lifted Bank Rate by half a percentage point for a second consecutive occasion in September in what may have been a surprise decision to anybody whose own expectations were…
Read more … →U.S. interest rates were raised by three quarters of a percentage point for a third consecutive occasion in September while the Federal Reserve (Fed) also lifted its forecasts to suggest …
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