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Market turmoil leaves more than 2mn homeowners facing sharp rise in borrowing costs over next two years
FT finance and political experts debate the fallout as sterling plummets
There have been many theatrical policy twists since Brexit — and the latest is a real humdinger
Leader of UK opposition claims mantle of economic competence, arguing Tory government has ‘lost control’
“Yeah I’m watching”
Budget cuts to income tax are where similarities with former PM’s policies and Reaganomics end
Irresponsible, eccentric and regressive, the new government’s economic strategy will pile up debt and worsen inequality
Local Conservatives back plans but mini-Budget triggers wider scepticism around northern town
The chancellor’s largesse raises large questions about debt sustainability
New chancellor turns his back on the Johnson years with tax cuts and borrowing
But even big giveaways will not save the wealthy from inflation
Boosting the UK’s ailing business investment will require a sense of stability and certainty as much as anything else
Measures will do little to insulate purchasers from the effects of rising interest rates, warn analysts
Businesses face a battle to survive this winter, industry bodies warn
Added pressure on universal credit recipients comes as Truss emphasises need to increase size of workforce
Ahead of Kwarteng’s Commons speech on Friday, economists warn of £60bn-a-year hole in public finances
Sector asks new chancellor Kwasi Kwarteng to forestall major business rates rise
Kwarteng must beware of repeating the mistakes of a previous Tory chancellor
Local authorities issue warning about impact of soaring construction costs on Tory flagship policy
UK chancellor’s call comes ahead of new government’s first ‘fiscal event’ which will prioritise tax cuts
Allies of Rishi Sunak have also noted the potential political bear trap in rival’s plans
Front-runner’s chancellor-in-waiting flags ‘fiscal loosening’ as allies say he will review spending rules
Tory leadership frontrunner has promised to ease tax rises and boost defence spending
OBR letter puts pressure on next PM to announce any rescue package alongside independent assessment
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