The Treasury is preparing to cover almost £5 billion in losses made by the Bank of England by the end of the decade as a result of its ongoing gilt
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UK annual inflation, as measured by the Consumer Prices Index, slowed to 3.6 percent in October, offering the first relief in five months and raising prospects of a potential interest
Curve, the London-based payments technology company once projected for a multibillion valuation, has been acquired by Lloyds Banking Group for £120 million. The sale draws a sharp contrast with previous
The European Union is forecast to surpass the United Kingdom in economic growth, driven by stability across the bloc and mounting uncertainty in British fiscal policy. According to Brussels, EU
Monzo has encountered mounting tension among its investors following the unexpected resignation of chief executive TS Anil last month. Shareholders at the digital bank expressed surprise over Anil’s swift exit,
The UK economy expanded by just 0.1 per cent in the third quarter of 2025, according to the latest data released by the Office for National Statistics. This growth fell
Unemployment in the United Kingdom has reached its highest rate since the third national pandemic lockdown, according to recently released official data. Figures from the Office for National Statistics revealed
One of the United Kingdom’s leading lenders has come under fire for using data from the bank accounts of more than 30000 employees as part of its salary negotiation process.
The Bank of England has issued a robust defence of its quantitative easing programme following criticism from Nigel Farage, leader of Reform UK, who cautioned that taxpayers could face a
The Bank of England has opted to hold the base interest rate at 4 per cent, following a tight vote from the Monetary Policy Committee where the decision passed by
The Bank of England faces mounting pressure to postpone cutting interest rates this month, as uncertainty hangs over Chancellor Rachel Reeves’s forthcoming budget. The Times shadow monetary policy committee has
HSBC has made headlines by announcing it will now lend homebuyers up to 6.5 times their annual income, marking one of the most generous mortgage deals currently available on the
Three of the City’s most prominent figures are plotting the launch of a so called blank cheque vehicle on the London stock market. The initiative is being led by JRJ
Morgan Stanley has emerged as the only bank to levy charges for its involvement in the privatisation of NatWest Group, formerly the Royal Bank of Scotland, while other leading investment
Since the 2016 referendum, the City of London has wrestled with the repercussions of Brexit, witnessing its position among Europe’s financial capitals dented and its renowned productivity engine flagging. As
The Bank of England faces a decisive moment as members of the Monetary Policy Committee (MPC) prepare for a closely contested vote on whether to reduce interest rates next Thursday.