In a letter to MPs on the Treasury Committee on Monday, Sir Jon wrote: “There has been a particular increase in volatility in UK markets” and pointed out that: “The five largest daily moves in the 30-year inflation-linked gilt, in data that dates back to 2000, have all been since the 23 September”, which was when the mini-budget was unveiled.
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Brexit: ‘I was asked to pay an extra £82 for my £200 coat’
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Mail and freight company TNT is also adding £4.31 on all shipments from the UK to the EU and...
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Interest rates could stay higher for longer, warns IMF
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Countries including the UK and the US are “seeing some persistence” in inflation that might mean interest rates have...
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Disney boss bets future on Taylor Swift and Fortnite
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Asked whether the announcements would be enough to satisfy Mr Peltz, who wants a seat on Disney’s board, Mr...
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Record numbers not working due to ill health
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Speaking to the BBC’s Today programme, Darren Morgan, director of economic statistics at the ONS, said that since the...
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Amazon fight with workers: ‘You’re a cog in the system’
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For its part, Amazon has responded with mandatory weekly meetings discouraging the proposal, plastered the warehouse with anti-union flyers,...
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Will Nadhim Zahawi change tack on the economy?
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He acknowledged both he and the prime minister wanted a “low-tax, high-growth economy, and world class public services”, but...
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Amazon to stop accepting Visa credit cards in UK
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Mastercard’s executive vice chairman Ann Cairns, said: “It’s very important that customers have choice, and have the widest variety...
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Ex-Nissan boss Carlos Ghosn: How I escaped Japan in a box
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Mr Ghosn was taken to the Tokyo Detention Centre where he was given prison clothes and confined to a...
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