UK's Kwarteng to bring forward publication of his fiscal plan

investing.com LONDON -British Finance Minister Kwasi Kwarteng is to bring forward publication of his medium-term fiscal plan to bring down public debt to later this month, the Financial Times and a government source said on...

Chancellor Kwasi Kwarteng to set out debt plan earlier than planned

bbc.co.uk The chancellor will publish plans "shortly" after pressure to calm markets over his mini-budget.

Tory MPs plot to avert welfare squeeze after humiliating U-turns

theguardian.com Kwasi Kwarteng to bring forward fiscal statement to later this month amid disquiet in party over spending cuts hitting poorestConservative MPs are plotting to avert a squeeze on welfare after Liz Truss and Kwasi...

Global recession can be avoided with right fiscal policies -IMF's Georgieva

investing.com By Aziz El Yaakoubi RIYADH - Global recession can be avoided if governments' fiscal policies were consistent with monetary policy tightening, but likely there would be countries falling into recession next year, the...

Fed's Williams says central bank has more work to do to cool inflation

investing.com By Michael S. Derby NEW YORK - Federal Reserve Bank of New York President John Williams said on Monday that while there have been nascent signs of cooling inflation, underlying price pressures remain too high, which...

Policy commitments made by Pakistan to continue to apply -IMF representative

investing.com ISLAMABAD - The resident representative of the International Monetary Fund (IMF) said on Monday that policy commitments made by Pakistani authorities to resume the support programme continue to apply. "Policy...

Tax U-turn wins Truss some time but damage to credibility remains

theguardian.com PM said she was prepared to make unpopular decisions – but then buckled, so now she will be seen as both unpopular and wrongLatest news from the Conservative conference – liveSo it turns out the lady was for turning,...

The Guardian view on a Tory U-turn: the problem goes beyond tax

theguardian.com How people feel when facing an economic crisis often decides their choice in elections. That spells doom for Liz TrussThe public has lost faith with the Conservatives as a governing party that can deal with the cost...

'A little turbulence': Kwasi Kwarteng reflects on progress of growth plan

theguardian.com The UK chancellor, Kwasi Kwarteng, told the Conservative conference it had been a 'tough day', hours after making a U-turn on a tax cut for high earners, and suggested his economic plan had caused 'a little...

More concessions needed to fix UK’s reputation in markets, Kwarteng is told

theguardian.com After tax U-turn, economists urge chancellor to backtrack on other controversial plans in mini-budgetKwasi Kwarteng admits tax plans caused ‘a little turbulence’Kwasi Kwarteng has been warned that further concessions...

UK finance minister pledges no more distractions after ‘tough day’ sees U-turn on top tax rate

cnbc.com U.K. Finance Minister Kwasi Kwarteng on Monday said the government would not be distracted from delivering on its growth plan.

UK finance minister pledges no more distractions after ‘tough day’ sees U-turn on top tax rate

cnbc.com U.K. Finance Minister Kwasi Kwarteng on Monday said the government would not be distracted from delivering on its growth plan.

Tax U-turn lifts pound as borrowing costs fall

bbc.co.uk Chancellor Kwasi Kwarteng remains under pressure to detail how he will pay for wider tax cuts.

What is the impact of 45p tax U-turn on markets and mortgages?

theguardian.com Kwasi Kwarteng and Liz Truss will be hoping move reverses some of effects of mini-budgetLive coverage of the UK economic crisisKwasi Kwarteng and Liz Truss have expended a lot of political capital by abandoning their...

U.K. Makes Major U-Turn on Tax Cuts

wsj.com Chancellor of the Exchequer Kwasi Kwarteng ditched a plan to cut the 45% top rate of income tax. The U-turn is a major setback for new Prime Minister Liz Truss, who based her leadership on a sweeping revamp of the...