LATEST BUSINESS NEWS

The Bank of England

Bank of England promises to end gilt purchases on Friday

Rail strikes

Hopes of a ‘slight change’ in talks to end rail dispute

Jacob Rees-Mogg

City turmoil ‘more to do with interest rates’ than tax measures, says Rees-Mogg

GDP figures

UK economy on track for quarterly decline after shrinking in August

A Poundland store

Poundland owner posts sales jump amid ‘challenging times’ for UK shoppers

City workers

PageGroup signals start of global jobs market slowdown

London City Stock

Fall in pound after Bank of England warns market support will end in coming days

Row of new Barratt homes on a housing development in Hampshire, South East England

Housebuilder Barratt warns outlook ‘less certain’ amid interest rate rises

Andrew Bailey ruled out extending emergency financial support past Friday

Markets brace for more turmoil after Bank of England's decision to stop govt support sent pound plummeting overnight

Shipping Stock

Consumers at risk due to post-Brexit regulatory system, Commons committee warns

A view of houses in Thamesmead, south-east London

House price anxiety drags down consumer confidence – survey

The bank's bond-buying - to stabilise pension funds - will end on Friday.

Pound plummets again as Bank of England boss insists he will not extend emergency support

A wind turbine

Government takes aim at wind farm profits with new rules

Wind turbines

Energy bosses ‘worried’ as ministers move to cap renewable and nuclear profits

Bank of England Governor Andrew Bailey

Sterling falls as Bank of England warns market support will end on Friday

Bank of England

Sterling strengthens but London markets take fresh blow

A sign for the Post Office Horizon IT inquiry

Post Office inquiry chairman warns he will take disclosure failures seriously

Conservative Party Conference 2022

‘Kwarteng must get MPs’ backing for fiscal plan or risk unsettling the markets’