Experts from the Institute for Fiscal Studies, the Resolution Foundation and others agreed Kwasi Kwarteng’s unfunded tax cuts played a role.

Deutsche Bank AG DB is transferring 100 bankers from the corporate banking unit in London to its offices in the EU and Asia. This move is part of the bank’s accelerated restructuring moves, on account of the U.K.’s exit from the European Union.

Those who have the right to work in the EU can reapply for their jobs.

Europe Letter: ‘Outrageous’ demand by investors to buy EU’s debt seen as vote of confidence in euro.

Bank says 2,000 front office people could be moved, with another 2,000 posts to be reviewed depending on new regulations