The Bank of England has been forced into a dangerous position
If investors believe the Bank is no longer able to control monetary policy, the UK’s economic crisis will deepen.
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Economy
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Economy
Liz Truss and the rise of the libertarian right
The free-market thinkers and ideas behind the most radical economic experiment in Britain for 40 years.
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Kwasi Kwarteng forgot that radicalism needs to be matched by credibility
As shadow chancellor I always remembered a crucial truth: the markets do not like surprises.
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How the pound has plummeted against the dollar
Sterling is now worth just $1.07 – a fall of almost 10 per cent in one month.
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The UK is heading for an economic calamity
Kwasi Kwarteng’s reckless Budget is set to trigger a surge in interest rates that will hurt households when they can…
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Kwarteng hands FTSE bosses a £34m tax break
Britain’s richest CEOs will take home an extra £148,273 from next April.
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As Britain faces a hard winter, the 1 per cent will get richer
That is Kwasi Kwarteng’s logic.
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The rich are the biggest winners from Kwasi Kwarteng’s mini-Budget
Those earning over £200,000 will receive a tax cut of £4,000.
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