‘Market prices vulnerable to sharp correction,’ Bank of England warns Economics The Bank of England has warned that investors are only focusing on good economic news, sending up asset prices and raising the risk of a “sharp correction” in the future.
I’m the only openly gay CEO in UK banking. LGBT people still face so many barriers anthony watson The City can put on a good show for Pride, but its C-suite record shows LGBT representation still has a long way to go, writes Anthony Watson.
Shares in Lloyds, Natwest and HSBC jump as Reeves appears to rule out Labour raid on lenders Battle for No.10 Shares in the UK's high street banks were among the biggest risers in a wider market rally on Wednesday.
Number of borrowers behind on mortgages jumps to eight-year high June 11, 2024 Households are continuing to feel the strain from the Bank of England's interest rate hikes with the share of mortgages in arrears continuing to creep up.
Next government should seek ‘wide-ranging’ review of Brexit agreement says City group June 7, 2024 It argued that the next government should lobby EU member states to seek to improve the Trade and Co-operation Agreement (TCA) in a "mutually beneficial way".
Tandem Bank profitable for second year in a row as growth continues June 7, 2024 Tandem Bank has reported a jump in earnings and customer numbers.
Is the Bank of England’s quantitative tightening causing problems for banks? May 29, 2024 In a recent speech, Andrew Bailey, the Bank's Governor, said more banks were turning to the facility as the cost of liquidity in money markets rose relative to Bank Rate.
Election 2024: Starmer and Reeves to lean on private sector to fund infrastructure plan May 27, 2024 Labour will reportedly utilise private finance to fund key national infrastructure schemes, if the party is elected into government.
Tax from UK’s financial sector pays for the country’s entire education budget May 21, 2024 "Financial and related professional services are a significant and consistent source of tax revenue for the government," Miles Celic, chief executive at TheCityUK, said.
City helps UK pull ahead of rivals to be Europe’s top destination for investment in financial services May 20, 2024 The UK has extended its lead as Europe's top destination for investment into financial services despite the impact of Brexit, according to a new survey from EY.