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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
UK economy
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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
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European shares pare losses as BoE seeks to stabilise markets
By Devik Jain and Dhara Ranasinghe (Reuters) -European shares rallied from session lows on Wednesday...
28th September, 2022
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Bank of England statement on purchase of long-dated bonds
LONDON (Reuters) – The Bank of England said on Wednesday it would start a temporary programme of bon...
28th September, 2022
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Labour senses power amid UK financial turmoil, but work to be done
By Andrew MacAskill and Elizabeth Piper LIVERPOOL, England (Reuters) – British opposition leader Kei...
28th September, 2022
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Boohoo says exposure to sterling plunge is limited – finance chief
LONDON (Reuters) – British online fashion retailer Boohoo said on Wednesday its exposure to the rece...
28th September, 2022
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Stocks hit two-year lows, sterling comes under fire
By Wayne Cole and Amanda Cooper LONDON/SYDNEY (Reuters) – World shares sank to two-year lows on Wedn...
28th September, 2022