Autumn Statement: We're in Recession, OBR Confirms
Economic growth to resume in 2024, Office for Budget Responsibility forecasts
-
Trussonomics: An Obituary
Comment: Liz Truss and Kwasi Kwarteng triggered chaos in the markets and were swiftly punished, so what happens next?
-
Liz Truss Resigns as UK Prime Minister
Boris Johnson rushed home from a holiday to drum up support for another prime ministerial bid, but last night he withdrew from the race
-
Truss Sacks Kwarteng, Confirms Tax U-Turn
As the PM fights for her political life, chancellor Kwasi Kwarteng becomes the fall guy - and Truss's press conference failed to silence the clamour for answers
-
WHERE IT STARTED: Gilt Yields Spike on Mini-Budget
Chancellor Kwasi Kwarteng has unveiled a "growth plan" with major tax cuts - and bond markets don't like the news at all
-
Bank of England Intervenes in 'Dysfunctional' Bond Market
Bank warns disruption in the markets is a real risk to financial stability
-
Bailey to Pension Funds: You've Got Three Days
Bank of England governor Andrew Bailey warned there could be no further extension beyond the end of the week for its bond-buying programme
-
Bank of England Warns of Risks to Financial Stability
Inflation-linked bonds now included in daily bond buying operations by the Bank, which says the bond market is still dysfunctional
-
Market on High Alert as Pound Sell-off Continues
Sterling briefly hits record low against the dollar, intensifying the sense of chaos after Friday's mini Budget
-
Why Are UK Pension Funds Under Stress?
Something called Liability-Driven Investing (LDI) has come to the fore and it's causing serious headaches for UK-listed life insurers
-
Kwarteng Gears Up for Oct 31, BoE Doubles Daily Auctions
Bank has doubled the size of daily auctions of UK government bonds to a maximum of £10 billion - and chancellor confirms his next statement will be on October 31
-
Gilt Market Chaos: What Are Managers Doing?
UK bond fund managers have reacted in different ways to the volatile conditions of the last two weeks
-
UK Market Chaos - How Did Funds React?
There may be more pain to come for markets, we look at how UK funds responding to the heightened state of anxiety
-
What Do Bond Yields Tell Us?
Yields are rising across the world. Investors are getting paid more - but higher yields mean higher risk
-
Should Investors Panic About the Weak Pound?
Sterling's demise against the dollar this year may be bad news for tourists visiting the US, but the impact for fund investors is more nuanced
-
Pound Rallies on Tax U-Turn But Doubts Remain
Markets react to chancellor Kwasi Kwarteng's change of plans to abolish the 45p rate of tax for the highest earners
-
UK Dodges Recession, Pound Recovers to $1.12
A week on from the eventful mini-Budget, Friday throws up some surprises
-
Pound Stabilises After Manic Monday
Calm briefly returns to currency market after dramatic day
-
Pound Falls (Again) as BoE Says No Rate Hike (Yet)
Bank of England defies pressure to support sterling with an emergency hike in borrowing costs