Gilts
Pensions: why do those retiring face ‘massive’ losses despite FTSE highs?
Retired planner was shocked to see that his Aviva pension had dropped 20% in value last year
Patrick Collinson
11, Mar, 2023 @9:00 AM
Bank of England completes sale of £19bn emergency bond purchases after mini-budget
Bloomberg estimates Bank made profit of £3.5bn after intervening to prevent run on pension funds
Richard Partington Economics correspondent
12, Jan, 2023 @6:33 PM
In 2022 Liz Truss tried to bin economic orthodoxy – but what is it?
Rishi Sunak soon rowed back from his predecessor’s chaotic experiment, reasserting the seven pillars of UK Treasury wisdom
Larry Elliott Economics editor
27, Dec, 2022 @3:00 PM
Public patience is wearing thin. Ofwat must wield the big stick | Nils Pratley
Putting water companies on the naughty step and doling out tame financial penalties in not enough
Nils Pratley
08, Dec, 2022 @7:25 PM
Cautious BT may boost cash support for its £47bn pension scheme
Telecom giant moves to increase collateral to limit risk amid mini-budget fallout
Kalyeena Makortoff Banking correspondent
08, Dec, 2022 @11:57 AM
City faces fresh post-Brexit blow as EU moves to restrict certain trades
Battle focuses on what EU sees as bloc’s over-reliance on London’s clearing houses handling euro-denominated derivatives
Jennifer Rankin in Brussels
07, Dec, 2022 @1:51 PM
A windfall tax on energy generators? Sure, but the devil is in the complex detail
Excess profits look set for a levy in the autumn statement – but first define ‘excess’ and for whom
Nils Pratley
16, Nov, 2022 @6:29 PM
Is austerity the only way for Jeremy Hunt to reassure the markets?
Many investors believe taking money from the rich and giving it to the poor would be ‘fine’ with the bond market
Anna Isaac City editor
14, Nov, 2022 @6:00 AM
The case for an energy windfall tax is simple, the problem is the opt-outs | Nils Pratley
The allowances are either too generous or something has gone wrong in the design
Nils Pratley
01, Nov, 2022 @6:41 PM
The mini-budget that broke Britain – and Liz Truss
From soaring mortgage costs to a sterling slump, the fiscal event set off a chain of chaos that led to PM’s downfall
Richard Partington Economics correspondent
20, Oct, 2022 @4:22 PM
BT’s pension fund ‘fell by £11bn’ after mini-budget
Report from one of the UK’s largest schemes is an early indicator of scale of the financial impact on retirement funds
Mark Sweney
18, Oct, 2022 @5:19 PM
Liz Truss fails to calm markets despite sacking Kwasi Kwarteng
Sterling fell, FTSE 100 lost its gains and bond yields rose after PM’s press conference failed to announce new direction
Alex Lawson and Kalyeena Makortoff
14, Oct, 2022 @5:55 PM
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