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TOP NEWS: Bank of England steps into market to buy long-dated gilts
(Alliance News) - The Bank of England on Wednesday announced that it will carry out temporary purchases of long-dated gilts, after recent instability in the UK government bond market. ...
Read moreLONDON MARKET OPEN: Equity sell-off deepens and IMF rattles pound
(Alliance News) - Stock prices in London opened lower on Wednesday, as another step up in Western tensions with Russia soured already fragile investor sentiment, while the pound struggled after...
Read moreLONDON BRIEFING: boohoo cuts outlook; Burberry creative chief departs
(Alliance News) - European energy market worry, UK fiscal policy concern, and interest rate hike and inflation fear were piling up on markets on Wednesday morning. ...
Read moreLONDON MARKET EARLY CALL: FTSE called lower as Russia tensions rise
(Alliance News) - Stocks in London are set to open in the doldrums on Wednesday, extending a recent period of weakness in equity markets....
Read moreUK chancellor seeks to calm City after IMF urges to change tack
(Alliance News) - UK Chancellor Kwasi Kwarteng will step up efforts to reassure the City about his economic plans after the International Monetary Fund criticised the measures and the Bank...
Read moreBadenoch sets sights on US investment in first visit as UK trade chief
(Alliance News) - UK Trade Secretary Kemi Badenoch will hail the "special relationship" with the US when she travels to New York for her first overseas visit in the post....
Read moreUK Chancellor Kwarteng urged to change course by IMF
(Alliance News) - There is international pressure on Kwasi Kwarteng to change course after his mini-budget spooked the markets with its package of tax cuts and increased borrowing....
Read moreBoE chief economist signals "significant" response to turmoil
(Alliance News) - The Bank of England's chief economist indicated Tuesday that the markets shock caused by Britain's tax-slashing budget called for a "significant" monetary policy action at its next...
Read moreLONDON MARKET CLOSE: Pound stages fight back but still under pressure
(Alliance News) - Stocks in London sunk into the red on Tuesday afternoon, with a see-saw session succumbing to selling pressure with sterling continuing to fight back from historic lows....
Read moreStarmer pledges publicly-owned energy company if Labour win election
(Alliance News) - A Labour government will create a publicly-owned energy company within its first year in office, Keir Starmer has announced....
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