![New UK Treasury chief admits mistakes were made, warns tax rises are coming](/pf/resources/images/placeholders/placeholder_l.png?d=793)
New UK Treasury chief admits mistakes were made, warns tax rises are coming
Jeremy Hunt may ditch PM Liz Truss' tax-cutting plans to bring stability to the country.
Jeremy Hunt may ditch PM Liz Truss' tax-cutting plans to bring stability to the country.
Initial response from investors suggests Truss' moves may not be enough to calm markets.
An energetic Fisher and Paykel Healthcare led the way.
Cost of recapitalising the Reserve Bank keeps rising with inflation.
Even house prices up as US consumer inflation goes from political headache to migraine.
They love inflation, they love it not: Wall St's weird, wild overnight fling.
THL has emerged as a bright spot in an otherwise bleak looking sharemarket.
The index has blown out to a fall of more than 17 per cent this year.
Financial Times: Central bankers signal intention to press ahead with aggressive campaign.
The New Zealand sharemarket made a late rally to finish the day higher.
Shares slumped as Covid lockdowns suffocated gambling business.
The New Zealand sharemarket slumped more than one and a half per cent.
However, a weary and uncertain sharemarket finished 0.36 per cent ahead for the week.
And Fletcher Building gets an earning's downgrade from one analyst.
Hundreds of jobs gone in latest cutbacks at Peloton.
The NZ sharemarket went into a reflective mood after two strong trading days.
Apple talks hint at exit from China, while Virgin Atlantic departs Hong Kong for good.
Carmakers up after battling supply chain issues and pandemic disruption.
Ethical investment adviser Rodger Spiller talks about how to spot the red flags.
The New Zealand sharemarket perked up, led by Auckland International Airport and Spark.
Bike company up after luxury hotel deal but Tesla disappoints, gets punished.
The S&P/NZX 50 Index dropped sharply in the afternoon.
Voters more likely to have tantrums over politicians' spending plans than markets.
Financial Times: As the pound was sliding, Liz Truss decided to do nothing.
The index finished a tumultuous shortened week down 3.26 per cent.
Retailer says it had to battle a difficult trading environment over the past year.
Synlait's 'robust' return to profit, S&P says "don't worry" about Fonterra's inventory.
Apple had a poor performance but a major entertainment stock was well up.