UK news

Oct 21 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever. Farewell risk-on rally, we barely knew you. Even British prime ministers ...

For Asian markets, the focus on Friday yet again will be firmly on Japan. But there has been no direct action on the currency beyond another volley of verbal warning shots. Japan consumer price inflation (September) Register now for FREE unlimited access to Reuters.com But it couldn't defy gravity - or more specifically, soaring U.S. Investors on Thursday initially shrugged off Liz Truss's resignation and the latest episode of British political pantomime, and Wall Street opened firmly in the green.

Exclusive: Unexpected arrival at a pioneering rewilding project in Kent after introduction of animals in July.

The bison are currently in a five-hectare (12-acre) enclosure, as they adapt to their new lives and their health is closely monitored. “It’s very small amounts and they are getting the majority of their food from natural foraging,” said Gibb. “We had not seen dung beetles on the site but all of a sudden, they are just thriving,” he added. “This is going to be a blueprint that will hopefully act as guidance for other interested organisations and landowners,” said Gibbs. “We also wanted to make sure that the calf was healthy,” Gibbs said. His interest will be in the older females, not the calf.” They also keep an eye on the calf when the mother is resting, akin to babysitting, said Gibbs. A bull is expected to arrive from Germany to join the three female bison by the end of October. “I went off to try and to find her and after about an hour, I could hear some rustling in the tree line,” Gibbs said. “There were a couple of days when we didn’t see female 2 and that was sort of an alarm bell, because she’s normally very confident and the one up at the front. The calf has developed fast, Gibbs said: “It’s amazing, within a week she was so sure on her feet. “The calf has come on leaps and bounds – literally,” said Tom Gibbs, a bison ranger.

Higher debt interest payments pushed UK public sector borrowing up last month to much higher levels than economists were expecting, laying bare the ...

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Government borrowing rose in September and people are shopping less than pre-Covid, new figures show.

For people planning a trip overseas, changes in the pound affect how far their money will go abroad. This was to due the government's energy price guarantee for households and businesses, on top of the second cost of living instalment and the support for pensioners, he said. Investors were spooked after the government promised huge tax cuts without saying how it would pay for them. "But this is little guide to how much borrowing will be over the whole of this financial year, as the huge cost of government support for household and business energy use only began in earnest this month." Carl Emmerson, Deputy Director of think tank the Institute for Fiscal Studies (IFS), said so far for the first half of the year government borrowing was almost as expected but warned it was likely to rise much higher. The figure is lower than in September 2020, at the height of the coronavirus pandemic, when the government was borrowing to fund schemes such as furlough, it said. The Office For Budget Responsibility (OBR) makes independent forecasts on what impact government decisions on things like tax and spending will have on borrowing and growth. Borrowing - the difference between spending and tax income - was £20bn last month, up £2.2bn from a year earlier, the Office for National Statistics (ONS) said. A fall in the value of the pound increases the price of goods and services imported into the UK from overseas - because when the pound is weak against the dollar or euro, for example, it costs more for companies in the UK to buy things such as food, raw materials or parts from abroad. The UK is borrowing billions of pounds to limit energy bill rises for households and businesses. [It plunged to a record low](https://www.bbc.co.uk/news/business-63030208) against the dollar last month, while government borrowing costs rose sharply in the aftermath of the mini-budget. "The longer the uncertainty continues, the worse it's going to be for the markets.

The development will leave the UK government in a fix. Two other charter airlines that previously conducted deportation flights, Titan Airways and AirTanker, ...

“When I fled torture and persecution in central Africa, the UK gave me sanctuary and a chance to rebuild my life. Liz Truss, the outgoing prime minister, had pledged to continue the scheme. That it has never flown to Rwanda since the one flight scheduled for June 2022 (which is the reason for this controversy) was suspended.” The day before it had taken tourists from Tenerife, Privilege Style’s statement followed an escalation in public protests against it by campaigners. Two other charter airlines that previously conducted deportation flights, Titan Airways and AirTanker, have already ruled themselves out of the scheme.

UK government borrowing climbed more than expected in September, underscoring the vulnerable state of the public finances even before the hit from outgoing ...

That left total in the first six months of the fiscal year at £72.5 billion -- broadly in line with forecasts from the Office for Budget Responsibility in March. The deficit for the month was £20 billion ($22.4 billion), the Office for National Statistics said Friday, well above the £17.5 billion economists forecast. UK government borrowing climbed more than expected in September, underscoring the vulnerable state of the public finances even before the hit from outgoing Prime Minister Liz Truss’ disastrous financial plan.

The pound slumped 1pc against the dollar this morning as Boris Johnson gears up for a possible return to power.

The gloomy data highlights the extent of the challenge facing Ms Truss’s successor and the Chancellor. Read the latest updates below The pound tumbled 1pc to trade marginally above $1.11.