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Government says ‘no need for emergency intervention’ in financial markets
Government says ‘no need for emergency intervention’ in financial markets - Uncertainty over fiscal stability and wider global pressures caused sterling to weaken on Thursday.
UK markets are orderly, no need to intervene, minister says
By David Milliken and Muvija M LONDON (Reuters) -British financial markets remain orderly and there is no need for authorities to intervene, deputy finance minister Darren Jones said on Thursday after sterling fell to a 14-month low and 30-year borrowing costs hit their highest since 1998.
Markets 'orderly' despite soaring borrowing costs, says Treasury minister
The Treasury has said UK financial markets are functioning "in an orderly way" despite the pound plunging to its lowest level for over a year after a rout in the bond markets. Government borrowing costs increased further on Thursday morning,
2d
on MSN
Britain is on the verge of a financial crisis. A key U.K. Treasury official says he can’t afford a Bloomberg subscription.
He insisted that the British government is committed to its fiscal rules — calling them “nonnegotiable” — and said it was ...
Hosted on MSN
2d
WATCH: Andrew Pierce blasts Treasury Secretary Darren Jones over response to urgent question
GB News host Andrew Pierce has slammed Chief Secretary to the Treasury Darren Jones for delivering a "party political rant" in the Commons, rather than addressing pressing concerns about market ...
GB News on MSN
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'Party political rant!' Andrew Pierce rips into Labour minister as Rachel Reeves avoids urgent question
GB News host Andrew Pierce has slammed Chief Secretary to the Treasury Darren Jones for delivering a "party political rant" ...
3d
on MSN
MPs support proposals to give Crown Estate more investment and borrowing powers
MPs support proposals to give Crown Estate more investment and borrowing powers - Plaid Cymru MP Llinos Medi criticised the ...
2d
on MSN
UK minister: financial markets functioning in an orderly way
British treasury minister Darren Jones said financial markets continued to function in an orderly way and it was normal for ...
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