As the dust settles on a tumultuous week for gilts (UK government bonds) and sterling - a week that has raised serious questions about chancellor Rachel Reeves’s stewardship of the economy - the big question many people will be asking is why investor sentiment has shifted so much against the UK in the past week.
The chancellor has said the budget is "non-negotiable" on visit to China in the face of volatile markets back in the UK. Rachel Reeves flew out on Friday after ignoring calls from opposition parties to cancel the long-planned trip because of economic turmoil at home. The past week has seen a drop in the pound
The proportion of 25 to 34-year-olds living with their parents has risen by more than a third in just under two decades, according to new analysis. Last year, the share of the age group living at home was almost a fifth (18%), up from 13% in 2006, the Institute for Fiscal Studies (IFS) said in
The London Stock Exchange is preparing to do battle for one of Europe's biggest initial public offerings for years as Verisure, the domestic security systems provider, kicks off plans for a flotation valuing it at more than €20bn (£16.7bn). Sky News has learnt that Verisure's owner, the private equity firm Hellman & Friedman (H&F), is
Minouche Shafik, the former Bank of England official who quit her role at New York’s Columbia University last summer after criticism of her handling of campus protests over the war in Gaza, has been picked for one of Britain’s most prized culture posts. Sky News has learnt that Baroness Shafik, who was appointed to the
Minouche Shafik, the former Bank of England official who quit her role at New York’s Columbia University last summer after criticism of her handling of campus protests over the war in Gaza, has been picked for one of Britain’s most prized culture posts. Sky News has learnt that Baroness Shafik, who was appointed to the
Minouche Shafik, the former Bank of England official who quit her role at New York’s Columbia University last summer after criticism of her handling of campus protests over the war in Gaza, has been picked for one of Britain’s most prized culture posts. Sky News has learnt that Baroness Shafik, who was appointed to the
Making Britain better off will be "at the forefront of the chancellor's mind" during her visit to China, the Treasury has said amid controversy over the trip. Rachel Reeves flew out on Friday after ignoring calls from opposition parties to cancel the long-planned venture because of market turmoil at home. The past week has seen
Minouche Shafik, the former Bank of England official who quit her role at New York’s Columbia University last summer after criticism of her handling of campus protests over the war in Gaza, has been picked for one of Britain’s most prized culture posts. Sky News has learnt that Baroness Shafik, who was appointed to the
Minouche Shafik, the former Bank of England official who quit her role at New York’s Columbia University last summer after criticism of her handling of campus protests over the war in Gaza, has been picked for one of Britain’s most prized culture posts. Sky News has learnt that Baroness Shafik, who was appointed to the