LATEST BUSINESS NEWS

Kwasi Kwarteng resignation

Speculation builds over Hunt’s plans amid reports of delay to 1p income tax cut

Jeremy Hunt, the new Chancellor, effectively signalled plans to tear up the Prime Minister's economic agenda

Hunt: Tax rises and spending cuts on cards with ‘difficult’ decisions ahead

Andrew Bailey

Bank of England Governor signals interest rates could rise again

Jeremy Hunt

October fiscal plan effectively a full budget, says new Chancellor

Jeremy Hunt

Difficult decisions on tax and spending to come, warns new Chancellor

Models of houses on coins

Britain is on track for a £26bn mortgage hike, think tank predicts

Kwasi Kwarteng resignation

Truss fighting to stay in power after day of chaos in Westminster

Liz Truss

Truss sacrifices Kwarteng to save her premiership as she ditches tax pledge

Kwasi Kwarteng resignation

New chancellor will be ‘chief executive’ in Government, says ally

City of London

Pound falls further and bonds under pressure despite Government tax U-turn

Kwais Kwarteng resignation

FTSE 100 rises but tax policy reversal a ‘sticking plaster’ on market turmoil

Liz Truss

Truss promises £19bn extra taxes for big companies after U-turn

CostofLiving

Three weeks of market chaos that toppled the chancellor

ASOS update

Asos to reveal sales impact from tightened household budgets

Prime Minister Liz Truss during a press conference at Downing Street (Daniel Leal/PA)

Truss defends her low tax agenda as she makes major U-turn and sacks Chancellor

Rows of houses

Mortgage lenders ‘should feel confidence to put more products on the market’

Loungers is to open a raft of new venues (Loungers / PA)

Hospitality chain Loungers targets 19 more openings

Kwasi Kwarteng

Kwarteng flies back for mini-budget crisis talks with Truss