Prime Minister Liz Truss is under immense pressure to rethink her economic policies as opinion polls show support for her government has collapsed.
Meanwhile, long-dated U.K. government bonds — known as gilts — rallied on Friday morning, with 30-year yields trading at 4.38%.
Last week, Kwarteng reversed a plan to scrap the top 45% rate of income tax paid on earnings above £150,000 a year. Downing Street and the Bank of England have taken steps to try to reassure financial markets throughout the week, albeit with limited success.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Former opposition leader named prime minister in ChadA decree by military leader Mahamat Idriss Deby Itno has appointed former journalist Saleh Kebzabo, 75, for the job.
Les mer »
King Charles’ Cold Greeting to Brit Prime Minister Caught on Hot MicThe first weekly meeting between the U.K.’s new monarch and the new Tory leader began with a royal grumble.
Les mer »
Labour 2.0: Why Keir Starmer could become the next British Prime Minister'Twenty-five years after a historic election victory under Tony Blair, Labour has rediscovered itself after years of internal trench warfare and is presenting itself as harmonious and ready to lead' Opinion | topfalk
Les mer »
Shop 140+ October Prime Day deals before Black Friday 2022Amazon's October Prime Day sale is in full swing. Start your holiday shopping with early Black Friday deals on Apple, Ninja, LG and more.
Les mer »