The UK chancellor’s new plan

A sharp rise in US government borrowing costs this year is bleeding into the corporate debt market and Hong Kong’s de facto central bank questioned HSBC on why its new AI hub would be established in Singapore. Plus, Brazil’s currency, stocks and bonds jumped after rightwing presi ...  Show more

Tory leader Kemi Badenoch will solidify her role at the head of the party during this week’s conference, and corporate dealmaking was on the decline last quarter after the collapse of mega-deals. Plus, Estonia is moving troops to its border with Russia and Israel’s prime minister ...  Show more

What's happening in the UK right now has heads spinning around the globe. New Prime Minister Liz Truss is already scrambling to survive. Her new chancellor Jeremy Hunt today brought down the axe on nearly all of her tax-cutting plan after it sent the markets spiraling. To make se ...  Show more

From the BBC World Service:  The world’s largest economies have been meeting over the weekend. High up on the agenda, and supported by the IMF and the US, was the regulation of crypto assets. The BBC’s Will Bain has been speaking to industry insiders about what is needed. Plus, a ...  Show more

The chancellor unveiled a £55bn plan for fiscal tightening this week, with the biggest drop in living standards for 70 years. We unpack all of the fiscal forecasts, tax rises, spending cuts and how Rishi Sunak can navigate the tricky politics. Plus, we also examine whethe ...

UK chancellor Rachel Reeves has had an action-packed week. She made a U-turn on winter fuel payments, announced plans to spend billions of pounds on new transport schemes and, following the prime minister’s latest announcement, she now has to find yet more money to fund a rise in ...  Show more