Treasury brings forward next tax update to Halloween alongside OBR forecasts Confirmation of the date comes as the Bank of England also seeks to reassure markets on its intervention in UK debt market Evening Standard · Oct 10, 2022
What would happen if the IMF bailed out Britain? Fund issues rare rebuke to UK warning against pursuing Kwasi Kwarteng’s tax-slashing agenda The Independent UK · Oct 10, 2022
Liz Truss’ history of U-turns after first major reversal as Prime Minister (cloned) The Tory frontrunner has performed many U-turns, big and small The Independent UK · Oct 10, 2022
UK Treasury chief to bring forward fiscal plan publication Britain’s Treasury chief says he will bring forward the publication of the government’s full fiscal statement after facing widespread criticism for not providing details about a multibillion-pound, tax-cutting stimulus package he announced last month The Independent UK · Oct 10, 2022
Bank of England doubles daily bond limit to try and reassure financial markets The Bank of England said that the measure would help pension funds and asset managers to make adjustments to their investments Evening Standard · Oct 10, 2022
Chancellor urged to act now to ‘defuse mortgage ticking time bomb’ The Liberal Democrats predict roughly 168,000 more homeowners will have been hit by a new higher rate by November 23. Evening Standard · Oct 10, 2022
UK borrowing costs hit highest levels since September market chaos Yield on 10-year government bonds rises above 4.5% despite Bank of England trying to quell jitters The Guardian - UK · Oct 10, 2022
Chancellor bows to pressure again and brings forward his fiscal plan to Halloween Kwasi Kwarteng will set out his economic plans on October 31 following a U-turn Manchester Evening News · Oct 10, 2022
Kwasi Kwarteng bows to pressure and brings forward debt-cutting plan to Oct 31 Kwasi Kwarteng has bowed to pressure and brought forward the publication of a report from the Government’s independent fiscal watchdog. Evening Standard · Oct 10, 2022
Liz Truss - live: Sturgeon claims Tories ‘utterly failing’ UK on cost of living crisis Scotland’s first minister said Truss’s recent fiscal decisions were ‘unconscionable’ The Independent UK · Oct 10, 2022
Kwasi Kwarteng U-turns and agrees to Halloween publication of economic vision New date of Monday, October 31 announced Wales Online · Oct 10, 2022
Kwasi Kwarteng to launch debt-cutting plan on 31 October Chancellor will also bring forward publication of OBR forecasts after pressure from MPs The Guardian - UK · Oct 10, 2022
Chancellor Kwasi Kwarteng brings forward Medium-Term Fiscal Plan to Halloween The Chancellor said the new date will allow the OBR to "capture data releases, such as the recent Quarterly National Accounts and Blue Book revisions" Birmingham Post · Oct 10, 2022
Kwasi Kwarteng will bring forward fiscal plan to Halloween in another U-turn Chancellor bows to pressure after senior Tories called on him to reassure spooked markets The Independent UK · Oct 10, 2022
Daily Mirror · Oct 10, 2022 Stricken Kwasi Kwarteng brings forward economic plans to HALLOWEEN after Tory nightmare The Chancellor will set out the medium term fiscal plan on 31 October, alongside a forecast from the independent watchdog
The Guardian - UK · Oct 10, 2022 Truss must raise benefits in line with inflation, Javid says Former Tory chancellor also calls on Kwasi Kwarteng to speed up release of OBR forecasts
The National (Scotland) · Oct 10, 2022 Liz Truss to abandon benefit cuts in bid to avoid Tory mutiny, reports say PRIME Minister Liz Truss is set to abandon plans to impose real-terms benefits cuts in an attempt to stave off a Tory mutiny brewing after just…
The Independent UK · Oct 10, 2022 Bank of England expands emergency bond-buying scheme to £10bn a day Central bank plans ‘orderly’ close to scheme after mini-Budget chaos
Daily Mirror · Oct 10, 2022 Bank of England doubles down on emergency measures to protect pension funds from collapse The Bank of England is upping the daily limit on its emergency gilt-buying programme from £5billion a day to £10billion, before the scheme closes for good this Friday
Evening Standard · Oct 10, 2022 Bank of England doubles down on bond deals as Chancellor Kwasi Kwarteng heads to IMF Jitters about market and UK economy remain
The Guardian - UK · Oct 9, 2022 Cutting oil output risks global economy, warns US Treasury secretary Janet Yellen’s comments come as figures show business activity declining across most UK regions
The Guardian - UK · Oct 9, 2022 Liz Truss’s economic plans are more anti-growth than those of her critics Measures too similar to tried, tested and failed tactics of past decade
The Independent UK · Oct 9, 2022 The troubles ahead for Liz Truss after her disastrous fortnight The political landscape has been transformed since MPs were last at Westminster – and not in a good way for the prime minister
The Guardian - US · Oct 9, 2022 Why is trickle-down economics still with us? This gonzo economic theory continues to live on, notwithstanding its repeated failures
Daily Mirror · Oct 9, 2022 Cabinet to 'ambush' Liz Truss over benefit cut that'd put 200,000 kids in poverty The PM is being warned she won't get the cut through as Tories plot with Labour in a civil war - and an ex-Sainsbury's boss warns the crisis is the worst since the 1970s