Asian Shares Mixed: Tech Boost Offsets China Weakness
Asian markets diverged on Wednesday. Japanese and Korean tech stocks soared, while Chinese indices fell on weak factory data. Bitcoin rebounded above $94,000. Get the full analysis.
Asian markets diverged on Wednesday. Japanese and Korean tech stocks soared, while Chinese indices fell on weak factory data. Bitcoin rebounded above $94,000. Get the full analysis.
UK bond markets experienced extreme volatility in the run-up to the Budget as Chancellor Rachel Reeves' signals on income tax sent borrowing costs soaring and plunging. Discover the key dates and market reactions.
Sterling drops 0.3% against dollar as Chancellor Rachel Reeves abandons income tax rise plans, triggering biggest gilt yield surge since July. Investors fear political instability ahead of crucial budget.
UK government borrowing costs jump as Rachel Reeves reportedly scraps income tax hike plans, breaking Labour manifesto pledge. Gilt yields surge in market sell-off ahead of November 26 Budget.
Speculation that Chancellor Rachel Reeves has abandoned plans for an income tax rise sparks a sell-off in UK government bonds, pushing borrowing costs higher. Discover the market reaction and political fallout.
Chancellor Rachel Reeves' income tax reversal sparks market sell-off, wiping £26bn from shares and raising mortgage fears. Discover the full Budget fallout.
Speculation over Rachel Reeves scrapping income tax rises triggers a UK government bond sell-off, sending yields soaring. Experts warn of a 'doom loop' for Britain's finances.
Chancellor Rachel Reeves has scrapped plans to raise income tax rates in a dramatic U-turn, causing market volatility and political fallout just days before the autumn budget.
Chancellor Rachel Reeves faces mounting pressure as UK government borrowing costs surge to their highest level in two decades, threatening Labour's economic plans and increasing pressure on public finances.
Chancellor Rachel Reeves unveils radical planning reforms and spending restraint in her debut budget, promising economic stability after Tory 'chaos'.
In a bold move to kickstart economic growth, Chancellor Rachel Reeves announces sweeping planning reforms, greenlights data centres, and faces criticism over delayed decision-making on major infrastructure projects.
Senior Labour MP Yvette Cooper finds herself on US Treasury sanctions list after financial ties to Cambodian tycoon linked to Myanmar military regime revealed in London property dealings.
Bank of England Governor Andrew Bailey defends monetary policy before Treasury Committee as inflation concerns mount and interest rate decisions face scrutiny.
Shadow culture secretary Lucy Powell condemns the government's budget timing as a cynical election ploy, drawing parallels to Gordon Brown's 1997 pre-election manoeuvres.
Chancellor Rachel Reeves is exploring creative fiscal measures to create additional budget flexibility, aiming to shield Britain's economy from unpredictable bond markets while prioritising economic insulation.
Prime Minister Anthony Albanese pushes forward with plans to double tax rates on certain investments, despite Treasury warnings about economic consequences and market instability.
The Treasury has announced sweeping reforms to the Financial Services Compensation Scheme that could safeguard millions of British savers and transform banking security.
New Chancellor Rachel Reeves faced an unexpected interruption during her inaugural Treasury speech, responding firmly to a heckler while outlining Labour's economic vision for Britain.
Labour's first female Chancellor announces dramatic overhaul of Treasury spending rules, prioritising economic growth over rigid fiscal constraints in major policy shift.
Chancellor Rachel Reeves reveals Treasury discovered 'no money' left as Labour prepares emergency budget to stabilise UK economy and deliver growth plan.
Kemi Badenoch's controversial stamp duty proposals spark internal Conservative conflict, exposing deep divisions over housing policy and economic direction ahead of potential election.
Cabinet Minister Kemi Badenoch makes explosive claims that Treasury officials are deliberately obstructing Conservative business policies, raising concerns about civil service impartiality ahead of the general election.
Business Secretary Kemi Badenoch launches extraordinary attack on Treasury officials, claiming they're sabotaging post-Brexit trade arrangements in Northern Ireland against government policy.
Chancellor Rachel Reeves discovers unexpected £3bn for autumn budget after officials correct significant VAT calculation error, providing relief amid spending pressures.
Business Secretary Kemi Badenoch makes the case for significant tax reductions to stimulate UK economic growth, challenging Treasury orthodoxy ahead of the next election.
Chancellor Kemi Badenoch announces radical new fiscal policy requiring 50% of spending reductions to directly tackle Britain's budget deficit, reshaping economic strategy.
Former Treasury and DCMS official David Kogan emerges as frontrunner to head groundbreaking football regulator, bringing decades of Whitehall experience to transform the beautiful game's governance.
Britain's tax authority is set for its biggest shake-up in decades following a controversial investigation into Nigel Farage's finances, with Treasury officials drafting urgent reforms.
Rachel Reeves announces sweeping planning reforms and major bank tax in emergency Budget measures to fill Treasury black hole and kickstart economic growth.
Work and Pensions Secretary Mel Stride reveals he held a controversial bond that Labour claims shows Conservatives are 'out of touch' with ordinary Britons.