Kwarteng backtracks on tax cut for highest earners
The ’embarrassing’ U-turn follows criticism from Conservative MPs and the IMF
- News
-
- Analysis
-
- Investments
-
-
-
Top story
-
-
-
- Video
-
Macro News
-
-
Weekly Outlook: Federal Reserve’s eagle eye on US jobs data
Key events for UK wealth managers for the week starting 3 October
-
IMF rebukes UK tax cut plans
As Bank of England rolls out government bond buying programme in an effort to calm markets
-
UK’s credibility questioned as pound hit record low
Industry commentators criticise ‘reckless’ actions by Liz Truss and Kwasi Kwarteng
-
Weekly outlook: Boohoo results and a brighter outlook for mortgages
Key events for UK wealth managers for the week starting 26 September
-
Bank of England votes 5-3-1 to hike rates 50bps
Discord is starting to appear as MPC voting patterns diverge
-
Hawkish Fed hikes rates 75bps at third meeting on the bounce
As the US central bank lays down a marker that more rises are yet to come in 2022
-
Weekly outlook: US set to hike rates 75bps as BoE holds postponed meeting
Key events for UK wealth managers for the week starting 19 September
-
‘Shock and awe’ move sees ECB hike rates by unprecedented 75bps
As hawkish central bankers prioritise tackling inflation over protecting growth
-
Is surprise uptick in US consumer confidence a false dawn?
Lower gas prices put small spring in consumers’ steps in August but weaker jobs growth could force households to rein in spending
-
Sterling remains in the doldrums as Liz Truss becomes next UK prime minister
Incoming PM ‘potentially trapped between the lesser of two evils of inflation on one side and recession on the other’
-
Weekly outlook: New UK prime minister revealed as ECB poised to deliver historic rate hike
Key events for UK wealth managers for the week starting 5 September