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Contracting British ownership renews debate over future of vital industry
For investors uncertainty, for borrowers the certainty of high interest rates
China’s foreign currency holdings also dropped in September as the strength of the dollar rose
Move by Swiss lender comes as it seeks to allay concerns over its financial health
A repeat of the multinational deal struck in 1985 to restrain a soaring greenback cannot be ruled out
Fresh selling comes a week after Bank of England intervened to steady gilt market
Rupee has fallen less than other regional currencies and RBI can fund further intervention
The Fed is not for turning
Sterling recovers to levels seen before mini-Budget sent it tumbling to record low against dollar
September’s price rises are the worst since president’s ruling party came to power 20 years ago
With the Conservative party locked in a stand-off with the bond market, Liz Truss’s political capital is crumbling
Plus, UK pensions, Hong Kong stocks, CEO narcissism, UK shares
UK currency remains about 9% lower for the past three months
Currency has fallen back towards 24-year lows despite country’s intervention
Fallout from the UK’s ‘mini’ Budget widens from property and mortgages to pensions and investments
Regulators seek to allow more renminbi weakness but avoid runaway depreciation
Drops follow broad rally in asset prices after Bank of England took action to calm the gilt market
Sterling is under pressure, but rates are rising and the fiscal burden is soaring elsewhere
Master troll, or pot calling kettle black?
The UK market panic reveals more about challenges to monetary than fiscal policy
The dollar is blowing everything to smithereens
What the government and Bank of England need to do now before the situation gets even more problematic
Turmoil will translate into real pain for many businesses, homeowners and anyone on a tight budget
People’s Bank of China stops short of deploying significant foreign exchange reserves
Our two cents (/pence)
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