Business Daily Media

lessons from the UK's long history of economic crises

  • Written by Steve Schifferes, Honorary Research Fellow, City Political Economy Research Centre, City, University of London

It was a mini-budget with a major impact. Shortly after the UK chancellor announced his plans for a “new era” full of tax cuts, there were dramatic falls in the pound, a nervous response from mortgage lenders and an urgent intervention from the Bank of England.

Such high levels of uncertainty, especially during a cost-of-living crisis,...

More Articles ...

  1. Why UK final-salary pensions may now be unpayable without state support
  2. more inflation and an even weaker pound
  3. Why IMF comments on the UK economy spooked traders and investors
  4. why a fall isn’t certain and wouldn’t help first-time buyers much anyway
  5. How bonds work and why everyone is talking about them right now: a finance expert explains
  6. increasing pressure on part-time workers is the wrong move at the worst time
  7. Only a U-turn by the government or the Bank of England will calm UK financial markets
  8. Disabled people are already cutting back on costs more than others – for many, the £150 cost of living payment won't do much to help
  9. Four things that cost more if you're already poor – and some simple ways to help fix this
  10. Is the UK in a recession? How central banks decide and why it's so hard to call it

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