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Mortgage payments could rise by another £100 a month by Friday if the Bank of England takes emergency action to save the plummeting pound. The Bank Rate could be increased by a further 0.75 percent by the end of the week, the markets expect. Central interest has already risen from 1.75 percent to 2.25 percent.
Sky News is being investigated by Ofcom after it wrongly referred to people protesting following Chris Kaba's death as a crowd mourning Queen Elizabeth II.
Sacha Lord has hit out at Chancellor Kwasi Kwarteng over the lack of support for hospitality businesses outlined in the latest mini-budget announcement. The Night Time Economy Advisor for Greater Manchester took to Twitter on Sunday afternoon (September 25) to warn the chancellor that hospitality businesses are 'already closing'.
The pound plunged to a record low against the US dollar early this morning (Monday September 26) after a raft of tax cuts announced by the Chancellor and higher interest rates knocked international confidence in the currency.
I have been invited to speak on Monday evening on a panel about ethics in football and, specifically, the Owners and Directors Test: in short, how we get the “right” type of owners into the game. The mini-budget announcement last week by the government has made me think tangentially about this issue and what place regulation has in football.
Mayor Andy Burnham has blasted the Conservative’s mini-budget a “flagrant act of vandalism on the social cohesion of this country”.
Money Saving Expert Martin Lewis has issued a message to anyone who is earning less than £50,000 per year. At a time where bills are skyrocketing and the poorest are being the worst hit, it's a much needed boost.
The Government is not concerned about the “politics of envy”, a Treasury minister said as its raft of tax cuts came under fire for disproportionately benefiting the rich.