2022-09-27
Independent Front Page 27th of September 2022
According to The Independent, the Bank of England has said it will not hesitate to raise interest rates “as much as needed” after the pound plummeted following the chancellor’s mini-Budget.
2022-09-27
Times Front Page 27th of September 2022
Following Britain’s biggest mortgage lenders withdrawing fixed rate deals following the plunge in the pound, the Bank of England said it “will not hesitate” to raise interest rates.
2022-09-27
Daily Telegraph Front Page 27th of September 2022
A number of lenders have withdrawn mortgage deals as a result of the mini-Budget, according to The Daily Telegraph, anticipating a Bank of England rate increase to counter the turmoil facing the pound.
2022-09-27
Daily Mail Front Page 27th of September 2022
Daily Mail reports that speculators profiting from the plunging pound have sparked fury, despite the Treasury moving to reassure the markets.
2022-09-27
Daily Star Front Page 27th of September 2022
After just three weeks in office, Chancellor Kwasi Kwarteng is alleged to have messed up the economy.
2022-09-27
Daily Mirror Front Page 27th of September 2022
According to the Daily Mirror, the chancellor’s tax cuts plunged markets into chaos, causing further misery for millions of households.
2022-09-27
Daily Express Front Page 27th of September 2022
The Daily Express, with the headline: ‘Don’t panic,’ reports that Chancellor Kwasi Kwarteng shrugged off Monday’s financial market jitters with a vow to lay out his debt-reduction plan.
2022-09-27
Metro Front Page 27th of September 2022
Metro reports that Britain’s economy has entered a new crisis as the value of sterling has fallen sharply amid fears Kwasi Kwarteng will borrow £45bn and cause ‘unsustainable’ debt.