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Bank of England stepped in on Thursday to stabilise price of UK governments bonds and avert a deeper crisis Pension fund managers breathed a cautious …

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Doom loops and margin calls: 10 terms that explain the market meltdown

September 29, 2022

Your one-stop shop for all the jargon you’ve been reading since Kwasi Kwarteng’s mini-budget Kwasi Kwarteng’s mini-budget has gone down badly in the financial markets. …

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Hurricane Ian death toll rises as 2.5 million left without power

September 29, 2022

Hurricane Ian has left at least five people dead and 2.5 million trapped at home without electricity, after battering Florida with 155mph winds as it …

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Next warns weaker pound could prolong cost of living pressures

September 29, 2022

The retailer says many clothing and homeware factories price goods in dollars, so costs are likely to rise.

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Pound – live: Truss demands spending cuts, insisting unpopular Budget is ‘right plan’

September 29, 2022

Prime minister carries out round of radio interviews after facing calls to ‘come out of hiding’

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Truss and Treasury secretary fail to reassure markets as bond yields rise, stocks tumble and pound slides – business live

September 29, 2022

Prime minister and Chris Philp fail to restore investor confidence in series of interviews, as government bond yields rise and stock markets tumble Shafik also …

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‘A reverse Robin Hood’: Liz Truss local radio highlights after market turmoil

September 29, 2022

The prime minister faced a string of tough early morning interviews, mainly defending Friday’s mini-budget Latest politics news – live After days of market turmoil …

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Oprah Winfrey shares greatest lesson she learnt making her talk show for 25 years

September 29, 2022

‘We are all looking for the same thing,’ presenter said

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Angela Rayner mocks Liz Truss’s pork market quote during party conference speech

September 28, 2022

Angela Rayner mocked Liz Truss for having “crashed the pork market” in a nod to the prime minister’s enthusiasm for the sector back in 2014.

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Bank’s intervention may not mark the end of market mayhem

September 28, 2022

Bank of England’s fourth round of QE could still prove not enough to calm markets and be followed by an emergency interest rates hike Bank …

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Frankie Boyle jokingly hails Boris Johnson as ‘a stabilising force’ as pound flails

September 28, 2022

Scottish comedian made the quip on Twitter amid mounting anger towards Liz Truss’s government

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Pound falls as experts forecast house price drop of at least 10% next year – business live

September 28, 2022

Sterling slumps again as dollar hits fresh 20-year high against major currencies, while Starmer says November statement ‘far too long off’ to review tax cuts …

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People vaccinated against Covid share common symptom after testing positive

September 28, 2022

Around one in five vaccinated Britons with Omicron or Delta strain experienced diarrhoea as a symptom

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People vaccinated against Covid share common symptom after testing positive

September 28, 2022

Around one in five vaccinated Britons with Omicron or Delta strain experienced diarrhoea as a symptom

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Bitcoin price: Cryptocurrency surges as pound crash brings panic for fiat currencies

September 28, 2022

‘You know we’ve reached a unique time in history when bitcoin suddenly is less volatile than fiat currencies,’ says one analyst

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‘I’ve seen it worse’: UK Finance mortgages director compares British market to past economy crisis

September 28, 2022

The director of mortgages at UK Finance has said the current state of the market is not as bad as what he has seen during …

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Pound retreats again and FTSE tumbles after IMF’s stinging criticism of UK plans

September 28, 2022

Sterling fell back to 1.06 US dollars, having recovered to 1.08 US dollars on Tuesday after Monday’s bloodbath saw it reach an all-time low.

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Pound falls after IMF urges Kwarteng to ‘re-evaluate’ tax cuts

September 28, 2022

Sterling is trading close to $1.07 this morning after falling from $1.08 on Tuesday

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Pound news – live: IMF hits out at Kwarteng’s tax cuts and urges UK to change course

September 28, 2022

Treasury defends tax cuts after mini-Budget announcement sees pound collapse, saying the steps were taken to protect households and businesses through winter

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Nearly 300 UK mortgage offers pulled in a day as pound’s fall heralds charge rise

September 27, 2022September 27, 2022

Bank of Ireland, Clydesdale, Post Office Money and constructing societies amongst these to withdraw merchandise Nearly 300 mortgage offers have been pulled within the final …

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Overseas patrons look to snap up London property as weak pound takes demand to ‘new levels’

September 27, 2022September 27, 2022

‘The weaker pound is taking demand from foreign investors to new levels,’ property agent Chestertons have mentioned

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Chancellor to satisfy with City traders after price range sparks market chaos

September 27, 2022September 27, 2022

Kwasi Kwarteng is about to debate a bundle titled Big Bang 2.0 with asset managers and insurance coverage firms on Tuesday.

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Virgin Atlantic boss warns fall in worth of pound is ‘hurting consumers’

September 27, 2022September 27, 2022

Shai Weiss, chief government of the transatlantic airline, urged Prime Minister Liz Truss to take a ‘difficult decision’.

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House of the Dragon showrunner shares one thing he regrets about episode 6 death scene

September 27, 2022

He revealed his honest thoughts about heartbreaking moment

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Sterling crisis: markets brace for more volatility with Kwarteng to meet bank bosses – business live

September 27, 2022

The pound has risen slightly in Asian trading on Tuesday to $1.08 after Monday’s record low around $1.035 Pound comes under new pressure after Bank …

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Coffey promises £500 million ‘down payment’ for social care over winter

September 27, 2022

‘It is not more targets the NHS needs, it is more doctors’ says Jeremy Hunt in response to Therese Coffey’s plans

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Pound news – live: UK lenders pull mortgages from sale amid ‘failed budget’ turmoil

September 27, 2022

UK lenders Virgin Money and Skipton Building Society temporarily withdraw mortgage deals for new customers

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Twitter accuses Elon Musk of hiding secret late night texts to business mogul from court

September 27, 2022

Tesla and SpaceX boss is being sued for trying to back out of $44bn purchase

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Kwarteng faces massive market turmoil after disastrous day for sterling

September 26, 2022

The Treasury moved to settle the markets with the promise of a Budget next spring as the pound tumbled against the dollar on Monday.

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Woman bought refillable torch lighter at Family Dollar before burned body was found, surveillance video shows

September 26, 2022

Deborah Collier sent a Venmo payment and a chilling message to her daughter on the day she went missing

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Emily Ratajkowski shares video dancing with her son after backlash over bath photos: ‘Stop talkin’ ‘bout me’

September 26, 2022

Model sparked backlash after sharing photos of herself and one-year-old son in bathtub to Instagram

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Mortgage lenders halt some deals after pound falls

September 26, 2022

Two lenders, Virgin Money and Skipton, say they will stop mortgage offers to new customers.

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Bank of England forced to intervene as pound crashes to all-time low after ‘disastrous’ mini-Budget

September 26, 2022

Emergency action fails to prop up pound, leaving Liz Truss facing political crisis after just three weeks in power

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Britain has ‘clearly gone too far’: World press reacts to pound’s fall

September 26, 2022

Papers around the world marked sterling’s record low with concern

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Pound comes under new pressure after Bank of England fails to raise rates

September 26, 2022

Central bank stops short of emergency rate hike and instead says it will make full assessment in November Markets warn interest rates could triple by …

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Tumbling pound will intensify cost of living crisis, government warned

September 26, 2022

Fall in pound will ‘worsen inflation and lengthen the cost of living crisis’, says think tank

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Kwasi Kwarteng to reveal new fiscal rules in November amid market panic

September 26, 2022

Chancellor to set out medium-term ‘fiscal plan’ – but no proper budget until spring 2023, says Treasury

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Bank and Treasury seek to reassure markets as pound hit

September 26, 2022

The Bank of England will not hold an emergency meeting to set interest rates after the pound fell.

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Matalan put on market as former New Look boss named interim chief

September 26, 2022

The news came as the group said that chairman John Hargreaves, who founded the company in 1985, would be stepping down from his role.

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Kwasi Kwarteng declines to comment as pound hits all-time low against US dollar

September 26, 2022

The Bank of England is expected to give a statement on the sterling’s slump

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Why a fall in the pound matters

September 26, 2022

A simple guide to how currency is valued and what it means for your finances.

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Run on the pound sparks speculation over emergency interest rate hike

September 26, 2022

Pressure is mounting on Bank of England governor Andrew Bailey to step in and steady the pound after it hit an all-time low against the …

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Pound hits all-time low against dollar

September 26, 2022

Sterling plunged to its lowest level against the US dollar – at just over $1.03 – since decimalisation in 1971

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Documents reveal Tory minister’s push to smooth Saudi Newcastle takeover

September 26, 2022

Minister told league he would talk to Saudis at ‘highest level’Evidence contradicts previous government statements The government’s extensive efforts to facilitate the Saudi Arabian takeover …

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Liz Truss and Kwarteng accused of ‘gambling with public’s money’ as pound plummets

September 26, 2022

PM and chancellor like ‘gamblers in a casino chasing a losing run’, says Labour

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Reeves says Kwarteng ‘fanned the flames’ for pound’s fall with unfunded tax cuts hints at weekend – UK politics live

September 26, 2022

Latest updates: shadow chancellor to give address at Labour party conference in Liverpool John McDonnell, the former shadow chancellor, told the Today programme this morning …

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House of the Dragon showrunner shares regret over heartbreaking episode 6 death

September 26, 2022

Producer revealed ‘unfortunate’ pitfall of the prequel’s format

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