The International Monetary Fund (IMF) has called Liz Truss’ tax cuts as “excessive and likely to increase inequality”

Some of UK’s largest lenders have temporarily withdrawn new mortgage products in response to the market rout that began last week.

The sterling plummeted yet once again to a record low £0.96 (-.0149) as it nears parity with the greenback.

Here are this week’s highlights in the UK economy. The UK could now be in recession. According to a report by The Guardian, the Bank of

Today marks another pivotal point in the UK economy as chancellor Kwasi Kwarteng formally announced the government’s plan to cut taxes.

The ECB president Christine Lagarde announced that interest rates need to increase at a fast pace to get inflation contained at 2%.