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UK PM Liz Truss faces growing pressure to rip up tax-slashing plans
(Alliance News) - UK Prime Minister Liz Truss was under fire from her own MPs as they demanded more U-turns on her tax-slashing agenda after she ruled out spending cuts...
Read moreAirlines fear UK plans for greener jet fuel could fail
(Alliance News) - UK ambitions to produce greener aviation fuel could fail without further financial support from the government, airlines have warned....
Read moreLONDON MARKET CLOSE: Stocks down as BoE confirms end to bond-buying
(Alliance News) - Stock prices in London closed in the red on Wednesday, as discouraging economic data and mixed signals from the UK's central bank weighed on investor sentiment. ...
Read moreIMF warns against 'costly' tax cuts to fight inflation
(Alliance News) - Soaring food and energy prices are raising the risk of social unrest, but attempting to tame costs through tax cuts, subsidies and price controls would be too...
Read moreLONDON MARKET MIDDAY: FTSE treads water as BoE says gilt buying to end
(Alliance News) - European equities struggled for direction on Wednesday, though avoided the volatility seen in recent days, while attention was on the UK government bond market as the Bank...
Read moreTOP NEWS: Bank of England confirms bond-buying scheme will end Friday
(Alliance News) - The Bank of England has confirmed that its bond-buying scheme that was introduced following new Chancellor Kwasi Kwarteng's mini-budget will come to an end this Friday, as...
Read moreTOP NEWS: Taylor Maritime makes conditional Grindrod Shipping offer
(Alliance News) - Taylor Maritime Investment Ltd has made a voluntary conditional cash offer for all shares it does not already own in Grindrod Shipping Holdings Ltd, the two companies...
Read moreLONDON MARKET OPEN: Stocks fall as eyes on gilts; Fed minutes ahead
(Alliance News) - It was another less-than-stellar open for European equities on Wednesday, amid fears of a UK bond market cliff-edge, with the Bank of England due to pull its...
Read morePRESS: BoE may extend gilt programme to avoid cliff-edge - FT
(Alliance News) - The Bank of England has privately signalled that it may be willing to extend an emergency UK government bond buying programme beyond this week, the Financial Times...
Read moreLONDON BRIEFING: Hopes of BoE gilt buying reprieve; UK GDP falls
(Alliance News) - Hopes that the Bank of England will extend emergency gilt buying and avoid a bond market cliff-edge were given a boost early Wednesday....
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