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The Bank of England has purchased £19.3bn of UK government bonds and concluded part of its extraordinary intervention to prevent a collapse in the pensions industry....
Ministers are in talks with major US-based producers of liquefied natural gas (LNG) in a bid to bolster Britain’s energy security. Sky News has learnt that...
The financial markets have responded positively to the government’s anticipated U-turn on parts of its massive mini-budget programme of unfunded tax cuts and energy price cap...
Jeremy Hunt has been appointed chancellor after the prime minister sacked Kwasi Kwarteng. Mr Hunt returns to the frontbenches after a few years off, after serving...
Royal Mail has announced it will begin a process to make 5,000 to 6,000 roles redundant by August next year. The announcement, made in a trading...
The Bank of England is set to stop its government bond buying scheme today after attempting to reassure the UK’s financial markets. The Bank launched the...
Kwasi Kwarteng will return to the UK from Washington earlier than planned, as another major mini-budget U-turn is expected. The chancellor was due to attend a...
As Liz Truss faces open revolt in her party over her planned tax cuts, her chancellor will today try to reassure the IMF that everything is...
Royal Mail workers are striking on multiple days across the next few months, with people warned to expect delays to their parcels and letters. Around 115,000...
The chancellor’s mini-budget “complicated matters” for the Bank of England as it battled to bring down inflation, the International Monetary Fund’s chief economist has told Sky...
A leading City lawyer has been shortlisted to become the next chief executive of the competition watchdog. Sky News has learnt that Ali Nikpay, a partner...
This is starting to look a little… unnerving. This morning the Bank of England tweaked its emergency intervention into the government bond (gilts) market for a...
The economy unexpectedly shrank in August, contracting by 0.3% on the previous month. The growth in July has also been revised downwards, from the previously recorded...
The pound had a tough start on Monday morning and has yet to recover the cent it lost against the dollar on Tuesday night. The drop...
Jacob Rees-Mogg has declared his confidence in the governor of the Bank of England, but disputed that pension funds are at “systemic” risk. Speaking to Sky...
The Bank of England’s governor has ruled out extending its bond-buying support for pension funds beyond Friday’s deadline, prompting a dramatic fall in the value of...
The International Monetary Fund (IMF) has predicted a tough 2023 as it cut growth predictions and forecast economic contraction in a third of the world. “The...
The number of people who are out of work due to long-term sickness has risen to a record high, according to data from the Office for...
The pace of price rises for essential groceries has hit a new record high, according to a report looking at changes to shopping habits. Grocery inflation...
The Bank of England has warned of “a material risk to UK financial stability” as it widened its programme to buy up government bonds. The move...
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Trump criticises Putin after potentially ‘historic’ meeting with Zelenskyy before Pope’s funeral
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Pope Francis funeral: 200,000 people bidding farewell to pontiff who had ‘open heart towards everyone’
Virginia Giuffre, who accused Prince Andrew of sexual assault, has died, her family says
Fighter jets, a naval destroyer and guns on show: The ‘unprecedented’ security operation for Pope’s funeral