Daily Briefing: Labour is thought to now have the largest poll lead enjoyed by any party with any pollster since the late 1990s. But Truss and her team are still doubling down on their explosive budget.
As pundits rush to defy economic gravity and create an alternative reality, there is no shortage of scapegoats for the fiscal earthquake.
Daily Briefing: The Bank of England has made an unprecedented intervention in a bid to calm the financial chaos unleashed by the Chancellor’s mini-maxi budget.
Daily Briefing: The Bank of England and Chancellor have attempted to restore confidence after the pound fell to a record low against the dollar.
The Tory Party has chosen its leader to fight the next election. After Friday’s fiscal event, no-one could accuse her of failing to offer a new direction.
Eight observations from the audacious “mini-budget”, announced by Britain’s new chancellor on Friday.
A long newsletter for subscribers this weekend. But a lot has happened.
According to Cebr estimates, the Treasury has significantly overestimated the cost of the mini-budget to the exchequer.
The top rate of income tax has been abolished. Liz Truss’s favourite think tank loves the move; markets, investors and traders are less convinced.
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