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The Bank of England announced changes to its bond-selling program, including pausing quantitative tightening and planning to sell government bonds directly to the Treasury instead of seeking private buyers.
Welsh councils will receive £4.8 million in emergency food aid to support people facing cost-of-living pressures, with rural areas receiving additional funding due to delivery challenges.
UK Chancellor John Healey will urge EU finance ministers to include Britain in a protectionist industrial scheme designed to shield European manufacturing from Chinese competition.
Labour faces pressure to clarify its strategy for British Steel following nationalization, as oversight costs reach £1.3m daily with estimates potentially reaching £1.5bn by 2028.
A cross-party committee of UK MPs has recommended rejecting a £10bn takeover proposal for Thames Water, advocating instead for temporary government administration of the debt-laden water company.
Retail sales in Great Britain rose 0.5% month-on-month in August, defying analyst expectations and marking a significant recovery after July’s decline amid summer economic gains.
