Tax U-turn lifts pound as borrowing costs fall
Chancellor Kwasi Kwarteng remains under pressure to detail how he will pay for wider tax cuts.
Author Archives: BBC News - Business
UK at significant risk of gas shortages this winter, warns energy regulator
Electricity supplies to people's houses could be disrupted if the country runs short of gas.
Mortgage rates rise sharply as squeeze tightens
The average two-year fixed rate is now close to 6% as major lenders raise the cost of deals sharply.