UK

The UK is already in recession, the Bank of England warns, and it could be a prolonged one too. The Bank estimates...

All eyes are on the Bank of England this morning. The UK central bank made its biggest interest rate rise in decades,...

With a weekend home sporting a £400,000 pool and spa, the ‘insanely rich’ ex-chancellor is dividing opinion in his Yorkshire...

Rishi Sunak has become the new Conservative leader and will be prime minister after Penny Mordaunt followed Boris Johnson in withdrawing from...

Boris Johnson is expected to stand in the Tory leadership contest to replace his successor Liz Truss, The Telegraph understands. ...

The pound moved higher in Asia trade after the UK government made a series of U-turns as it abandoned tax-cutting...

At 0830 BST, the FTSE 100 was down 0.5% at 6,793.43, while the sterling was 0.3% lower versus the dollar at 1.1071....

UK government bond selloff continues, pushing the 20-year gilt yield to a 20-year high, as BOE reiterates bond-buying programme will...

At 0840 BST, the FTSE 100 was down 0.5% at 6,959.32, while the pound was up 0.2% against the dollar at 1.1103....

Kwasi Kwarteng to bring forward the financial statement to later this month amid disquiet in the party over spending cuts...