People are facing a "painful" and "depressing" few years ahead, economic think tanks have warned, after forecasts showed growth in living standards grinding almost to a halt.
The Governing Council today decided to keep the three key ECB interest rates unchanged. Energy prices have continued to rise, posing upside risks to the inflation outlook and downside risks to the growth outlook. While …
The owner of Poundland has said it is preparing to appoint administrators, putting up to 12,000 jobs at risk at the retail chain across the UK and Ireland.
In the ever-evolving world of financial markets, the intricate machinery of post-trade operations often operates behind the scenes. However, recent developments across various asset classes have brought clearing, margin…
Fair value is a simple yet important principle at the heart of the Consumer Duty: the price customers pay should be reasonable, relative to the benefits they get. But applying that principle in practice requires judgeme…
European Central Bank President Christine Lagarde today informed the Governing Council and the President of the European Council António Costa that she will step down from her position on 7 February 2027.
The FCA has secured High Court undertakings to ensure that HTX (formerly Huobi), a global crypto exchange, will not knowingly promote cryptoasset services unlawfully to UK consumers.
Chancellor John Healey has pledged a reduction in the welfare bill ahead of the next general election, in an interview with BBC Radio 4's Today programme.
Vice President JD Vance is engaging one of Iran’s most powerful hard-liners to revive peace negotiations even as President Trump threatens to restart the war after next week’s midterm elections, U.S. officials and peopl…
In just two years, there could be dozens of mayors preparing to spend billions of pounds as part of Andy Burnham’s mission to devolve greater powers across England.
Federal Reserve Chair Kevin Warsh said he intends to attend a November 16 field hearing of the central bank's productivity and jobs task force in the San Francisco Bay Area, according to Reuters. The hearing, announced …
The Federal Reserve on Wednesday approved its first interest rate hike in more than three years and indicated another is to come, as part of an effort aimed at combating inflation brought on by spiraling oil prices and …
Income tax thresholds, which have been frozen under successive chancellors, will stay at current levels until April 2031 as planned. But after that they are expected to start to rise again with inflation.
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