Page 7 - Alex Brummer News Today

Conservative newspapers struggle to reposition themselves after praising Kwasi Kwarteng’s tax-cutting plans that triggered financial chaos

ALEX BRUMMER: On Tuesday, with the pension funds still experiencing a degree of turmoil, he warned fund managers that there would be no extension of the rescue programme beyond Friday.

Britain has long had a reputation for sound money. But in the wake of Kwasi Kwartengs mini-Budget the markets have ruthlessly swept that reputation aside.

In a shock intervention in Washington, Andrew Bailey warned those managing pensions that they have three days left to sort out their finances.

Britain has long had a reputation for sound money. But in the wake of Kwasi Kwartengs mini-Budget the markets have ruthlessly swept that reputation aside.

We look at some of the big names ploughing billions of pounds of investment into the UK - even before the mini-Budget - which they believe will create profits, growth and jobs.

We look at some of the big names ploughing billions of pounds of investment into the UK - even before the mini-Budget - which they believe will create profits, growth and jobs.

In a letter to MPs defending the Banks actions, Sir Jon Cunliffe said officials stepped in to prevent a self-reinforcing spiral which could have led to a market meltdown after the mini-budget.

The chancellor’s plans manage to be both the best ever and economically incoherent, depending on who you listen to

Liz Truss Chancellor Kwasi Kwarteng will present the emergency Budget to the Cabinet this morning, before announcing a slew of dramatic measures in the Commons.