bank of england

Top Economist Unpacks Exactly Why The UK Is Struggling So Much Right Now

Hint: It's not just the mini-budget, but that didn't really help...
By 

Jacob Rees-Mogg Thinks It's A Good Time To Trash Talk The Office For Budget Responsibility

Despite market turmoil, business secretary suggests chancellor Kwasi Kwarteng could ignore crucial economic forecasts.
By 

'Pretty Much Bollocks': A Journalist Shuts Down Government Excuse For Chaos

Gillian Tett gives a blunt assessment on whether the Bank of England is to blame for the turmoil, as Jacob Rees-Mogg has suggested.
By 

Pound Plunges As Bank Of England Boss Warns Pensions Bail-Out Has Three Days Left

Governor Andrew Bailey tells fund managers to balance their books by Friday: "You've got to get this done."
By 

Gilt Yields Just Went Down – Here's Why No.10 Will Be Relieved

It's the first small sign that the economy could be about to bounce back.
By 

Martin Lewis Calls For Mortgage 'Emergency Plan' To Defuse 'Ticking Timebomb'

MoneySavingExpert founder urges government and Bank of England to act now to avoid a full-blown bail-out later.
By 

Government Efforts Are Failing To Calm The Markets. Here's Why It Matters

Yields on long-dated gilts have risen back up since the Bank of England's intervention to prevent pension funds collapsing.
By 

Another U-Turn As Kwarteng To Bring Forward Debt-Cutting Plan To Calm Markets

After rowing back on scrapping the 45p tax rate, statement on squeezing public spending to be published this month, rather than November 23.
By 

A Guide To The Confusing Language Describing The UK's Financial Markets Meltdown

What are bonds and yields? When is a recession official? How is inflation calculated?
By 

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.
By