Pound at two-week high as FTSE 100 posts best day since June – as it happened

Chancellor denies reports that he will bring his medium-term fiscal plans forward to this month, despite pressure from markets and MPs

• Confusion over timing of Kwarteng's fiscal plan as Braverman accuses MPs of a coup' against Truss over 45p tax rate - Politics Live

Speaking of central banks.... Australia's policymakers surprised markets by lifting interest rates by less than expected today, just a quarter of one percent.

Analysts had expected the Reserve Bank of Australia (RBA) to hike by half a percent agaon, but in the event they only plumped for a 25 basis-point rise.

The Board expects to increase interest rates further over the period ahead."