Bank of England left with no action but to intervene after Kwasi Kwarteng’s mini-budget The Bank of England has been forced into emergency action to halt a run on Britain’s pension funds after the impact of Kwasi Kwarteng’s ill-received mini budget prompted fears of a 2008-style financial crisis. Threadneedle Street […]

MPs express disbelief over sterling slump as privately some fear PM’s government is ‘dead on arrival’ Liz Truss is facing growing pressure from jittery Conservative MPs to sack Kwasi Kwarteng or face a mutiny after the Bank of England’s emergency intervention to address the turmoil in the financial markets. The […]