Kwasi Kwarteng’s speech only revealed his contradictions
The Chancellor couldn’t decide whether the Tories had ended the UK’s decline or merely accelerated it.
ByBank of England
What the UK’s financial crisis means for your pension
Pension funds have been affected by the turmoil in gilt markets, but individual savers shouldn’t be too worried.
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Is this the end of the Tory era?
Liz Truss and Kwasi Kwarteng have handed Labour its biggest poll lead in decades – and Conservative MPs are terrified.
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Zombie capitalism is unravelling
This crisis is a symptom of a broken model that relied on ultra-low rates to compensate for anaemic growth.
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No, Daniel Hannan, sterling isn’t crashing because the markets are scared of Keir Starmer
That market panic spiked at the exact moment of a Tory Budget has not made Hannan rethink his claim that…
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The Conservatives are destroying themselves – and the British economy
Even if Labour wins the next election it risks inheriting a wasteland after two more years of Tory government.
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Has the Bank of England lost control?
If investors believe the Bank is no longer able to control monetary policy, the UK’s economic crisis will deepen.
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The Bank of England is right to hold its nerve
It is not the job of central bankers to bail out a reckless government.
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