The International Monetary Fund has advised the British government to prioritise reductions in pension and welfare spending over increasing taxes on the banking sector. Helge Berger, the deputy director of
Financial2- Page
1077Articles
Inflation in the United States rose by more than anticipated in the year to September, according to official figures released in the final data update before the midterm elections. The
A group of Lloyd’s syndicates has appealed to the Court of Appeal against a ruling that requires them to continue providing legal defence funding for two former Petrofac executives. The
Water companies in England and Wales are set to return £107m to householders through reduced bills after the industry regulator determined that several providers failed to meet agreed performance targets.
Bank of America has been ordered to pay more than $1.21 billion in penalties for violations of anti-money laundering and sanctions laws, the US Treasury Department announced on Tuesday. The
BW Energy has secured $208m in project-level lease financing for the Akoum wellhead platform planned for the Bourdon field offshore Gabon. The company simultaneously announced the signing of an 18-month
BP has confirmed it is on track to reduce its net debt earlier than previously anticipated, driven by strong performance in gas sales and trading alongside asset disposals. The energy
The International Monetary Fund has issued a stark warning that the global economy may soon reach the limits of its resilience, citing depleted emergency oil reserves and overstretched government budgets.
Major UK retailers and hospitality operators have urged the chancellor to reduce the financial burden of employing young people ahead of his first budget. The group, which includes Tesco, Costa
Millions of drivers who were mis-sold car finance agreements will not receive compensation until at least 2027, the Financial Conduct Authority has confirmed. The delay is a direct result of
British van drivers are projected to incur an additional £2.5 billion in diesel expenses this year, a figure that has intensified calls for the government to abandon its planned increase
British retail sales recorded sluggish growth in the twelve months to September as consumer caution intensified ahead of the upcoming Autumn Budget. Total sales at retailers rose by 1.3 per
Bank of America has disclosed specific financial returns from its artificial intelligence initiatives, marking a significant shift in how major financial institutions report on technology investment. Chief Executive Officer Brian
Energy and foreign policy experts have predicted that the agreement between Donald Trump and Vladimir Putin to temporarily lift sanctions on Russian diesel imports will have little meaningful impact on
British food producers are intensifying warnings regarding the vulnerability of the nation’s supply chains, citing a convergence of rising operational costs and climatic instability. Jamie Burrows, chair of the crops
US President Donald Trump has announced a significant agreement to purchase millions of tonnes of diesel fuel from Russia, a move that has immediately triggered a sharp diplomatic rift with