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Sky News
Millions to see annual mortgage payments rise by more than £5,000 in next two years
More than five million households could see their annual mortgage payments rise by an average of £5,100 between now and the end of 2024, a leading think tank has warned. In total, mortgage payments are set to rise annually by £26bn over the next two years, according to the Resolution Foundation. Affected households in London …
Business
Evening Standard
Truss fighting to stay in power after day of chaos in Westminster
Liz Truss’s premiership remains in peril this weekend, after she sacked her chancellor and ditched a major chunk of her mini-budget in an extraordinary gamble to stay in power.It was unclear late on Friday whether such drastic actions could be enough to keep her in Downing Street, with the markets remaining jittery and reports of …
Business
Sky News
Having sealed her chancellor’s fate, the markets could seal the prime minister’s fate | Ed Conway
So farewell, then, Trussonomics.The demise of the country’s second shortest-lived chancellor also brings with it the demise of the country’s shortest-lived economic movement. Liz Truss came into office promising to boost the country’s growth rate through a forensic combination of tax cuts, reforms to the country’s supply side (for which read: things like planning reform) …
Business
Evening Standard
New chancellor will be ‘chief executive’ in Government, says ally
An ally of new Chancellor Jeremy Hunt has said that he will be a “chief executive” inside Liz Truss’s ailing Government.Steve Brine, a Tory MP who worked with the former health secretary, suggested that he would be the “chief executive” to Ms Truss’s “chairman” as she seeks to steady her administration after a brutal day …
Business
Evening Standard
FTSE 100 rises but tax policy reversal a ‘sticking plaster’ on market turmoil
London markets have closed in the green after an extraordinarily turbulent week that ended with the Chancellor ousted and the Prime Minister reversing a key policy in their fiscal plan.It has been a difficult week for the FTSE 100 which closed at an 18-month low on Wednesday that shaved off 0.9% of the index’s value.But …
Business
Evening Standard
Pound falls further and bonds under pressure despite Government tax U-turn
The Bank of England bought just £1.5 billion in gilts on Friday as its intervention to prop up the markets after the chancellor’s mini- budget came to an end on the same day as he lost his job.The pound and UK Government bonds also came back under pressure despite the Prime Minister’s decision to reverse …
Business
Business Live
Eight sites put forward for Investment Zone status by North East Lincolnshire Council
Eight sites in North East Lincolnshire have been submitted to the Government for Investment Zone status consideration. The local authority has outlined how they reflect priorities of business growth and urban regeneration, with the opportunity having emerged as part of the highly controversial mini-budget that has ultimately cost Kwasi Kwarteng his position as Chancellor. While …
Business
Sky News
Government steps up talks to secure gas supplies ahead of winter demand surge
Ministers are in talks with major US-based producers of liquefied natural gas (LNG) in a bid to bolster Britain’s energy security.Sky News has learnt that the government is discussing substantial purchase agreements with companies including Cheniere and Venture Global. Sources said the talks were at a detailed stage although it was possible that they would …
Business
Business Live
Port of Blyth takes decarbonisation to the next level following £12m funding deals
Port of Blyth is stepping up its journey to net zero on the back of a trio of funding deals totalling £12m. The Northumberland offshore energy port is installing a host of clean energy measures with the Lloyds Bank funding, starting with the addition of a new electric crane to its fleet, to increase its …
Business
Business Live
Profile on Jeremy Hunt: The new UK Chancellor of the Exchequer
Jeremy Hunt is no stranger to Government roles, having spent his 17-year career in politics in a variety of Cabinet jobs. The MP for South West Surrey was elected to his safe Conservative seat in 2005 after Virginia Bottomley, the now Baroness Bottomley of Nettlestone, stepped down. His first Cabinet role, as culture secretary, was …
Business
Business Live
Northern Ireland supplier Power NI cuts electricity bills by 10% under price guarantee scheme
Some of Northern Ireland’s electricity customers will pay some of the lowest bills of all UK and Ireland regions after the largest electricity supplier announced a cut to its electricity prices from next month. Power NI said it will reduce bills for its customers by 10% from 1 st November – an annual cut of …
Press Release
Pressat
HerGameToo is supporting #TheGoal for White Ribbon Day
White Ribbon UK is proud to announce that HerGameToo are supporting #TheGoal campaign for White Ribbon Day, 25th November. This year, White Ribbon Day falls on the same week as the launch of the FIFA men’s World Cup. There is never a better time for us to focus on the good that can come from …

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