Page 24 - Simon Wolfson News Today

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Interview: ‘Business want stable economics’ says Currys chief after pound collapse

The fallout from the mini-budget is adding to high street jitters in the run-up to what is traditionally the busiest time of the year

Pressure on the country's finances calls into question whether HS2 is worth the investment

Liz Truss defended her U.K. governments $48 billion set of unfunded tax cuts Thursday after it sent the pound and government bonds tumbling, after days of silence from the prime minister even as the market rout deepened.

The cautionary note that explains the Bank of Englands £65bn rescue in the bonds market appears on page-54 of its Financial Stability Report.

The crisis in pension funds was allowed to hide in plain sight

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Since the rout, BoE was forced to stage a dramatic intervention to stave off the crash

Wolfson says currency crisis means inflation, which has soared from energy prices, may be worse next year