Bank of England takes hit after sparking bond market chaos
The Bank of England was trying to stop a meltdown triggered by the government’s mini-budget last month. But its credibility is now on the line.
Stay updated with breaking news from Nick Macpherson. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The Bank of England was trying to stop a meltdown triggered by the government’s mini-budget last month. But its credibility is now on the line.
Liz Truss’s chief economic adviser, Matthew Sinclair, is a vociferous opponent of the UK’s most substantial wealth tax.
The intellectually confident Chancellor will rely on his own instincts rather than economic advisers. But that may be his downfall.
Welfare payments to fall in real terms amid warnings of austerity drive to balance books
If Keir Starmer wins the next election turmoil could ruin the ambitions he is to set out in his party conference speech.