BUSINESS LIVE: Gilt yields, FTSE and pound steady as Liz Truss quits


BUSINESS LIVE: Gilt yields, FTSE and pound steady as Liz Truss quits as Prime Minister but investors rein in rate hike expectations

Liz Truss has resigned as leader of the Conservative Party – making her Britain’s shortest serving Prime Minister and opening up another leadership contest.

Gilt yields, the FTSE 100 and the pound remained steady as Truss announced she would stand down with the Tories due to choose a new leader within a week.  

Among UK companies with reports and updates are Dunelm, Relx, Travis Perkins, Schroders, AJ Bell and National Express. Read the Thursday 20 October Business Live blog below.

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