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Britain’s market rout stokes contagion fears around the globe
By Davide Barbuscia, Marc Jones and Dhara Ranasinghe NEW YORK/LONDON (Reuters) – The scale and speed...
28th September, 2022
UK economy
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Morrisons’ quarterly earnings halved amid UK consumer crunch
LONDON (Reuters) – British supermarket group Morrisons on Wednesday reported a halving of its third-...
28th September, 2022
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Bank of England to buy 65 billion pounds of UK bonds to stem rout
By David Milliken LONDON (Reuters) -The Bank of England stepped into Britain’s bond market on Wednes...
28th September, 2022
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Wall Street fear lingers as UK steps in to calm bonds
By Lawrence Delevingne and Amanda Cooper (Reuters) -U.S. and global equities did little on Wednesday...
28th September, 2022
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Bank of England seeks to stem bond market turmoil after tax cut storm
By Andy Bruce and David Milliken LONDON (Reuters) -The Bank of England sought to quell a fire-storm...
28th September, 2022
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Sterling drops against dollar as Bank of England intervenes in bond market
By Harry Robertson LONDON (Reuters) -Sterling dropped sharply on Wednesday after the Bank of England...
28th September, 2022
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UK corporate borrowing costs soar as mini-budget fallout spreads
By Tommy Wilkes and Dhara Ranasinghe LONDON (Reuters) -Borrowing costs for UK firms are soaring, wit...
28th September, 2022
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UK gilt prices rocket after Bank of England steps into market
By Andy Bruce and William Schomberg LONDON (Reuters) -British government bond prices soared on Wedne...
28th September, 2022
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Pound drops more than 1% as Bank of England steps into bond market
By Harry Robertson LONDON (Reuters) -Sterling fell more than 1% against the dollar and euro on Wedne...
28th September, 2022
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UK lenders pull mortgages at record rate as market chaos worsens
LONDON (Reuters) – A record 935 mortgage products were pulled in Britain overnight, financial servic...
28th September, 2022
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Bank of England to buy bonds to stabilise market
LONDON (Reuters) – The Bank of England said on Wednesday it would start a temporary programme of bon...
28th September, 2022
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London stocks pare losses as Bank of England steps in to buy bonds
By Johann M Cherian and Bansari Mayur Kamdar (Reuters) – UK stocks pared some of their sharp losses...
28th September, 2022