Ms Schnabel started her presentation with the observation that, since the Governing Council’s monetary policy meeting on 22-23 July 2026, euro area financial markets had continued to be driven by energy price developmen…
Oil prices have risen sharply amid fears about escalating tensions in the Middle East and a squeeze on production from the threat of a hurricane off the US coast.
Regulator also vetoes extra Blackpool service, saying insufficient space for new direct trains to LondonBusiness live – latest updatesPlans to run direct train services to Wrexham and Rochdale from London have been reje…
Tesco has raised its profit outlook as it expects households to splash out this Christmas – despite buying less alcohol – as they shrug off “uncertainty” over the Iran war.
Not at all. Perhaps some people initially feared that the aim of the digital euro was to replace cash. But that is not the case. The ECB’s work to develop and ultimately introduce a new series of euro banknotes with dif…
The Atlantic puffin, barn owl, buff-tailed bumblebee and European hedgehog will represent UK wildlife and feature as the central images on our next series of banknotes.
The UK needs to do more back its own companies at a time when a growing number are choosing to list their shares in the US rather than at home, the boss of the London Stock Exchange (LSE) has told the BBC.
The minutes back a hawkish read of the Fed path, keeping a further hike at the 27-28 October meeting or in December firmly in play and supporting front-end Treasury yields. The explicit link between prolonged high energ…
Royal Mail is to cut up to 2,500 jobs as the embattled company seeks to restructure its business amid intense competition and the continuing decline in letter deliveries.
James Kaye (Chair, HSBC) welcomed new Committee members: Adam Jukes (Deutsche Bank) replacing Nimit Jobanputra, and Jonathan Morris (Goldman Sachs) replacing Anna Chadderton.
Andrea Rosen (Chair, Bank of England) welcomed Sylvain Duquenoy (RBC Capital Markets) and Myles McGuiness (Financial Markets Standards Board (FMSB)) as new members of the Committee. Ms Rosen noted that going forward Mr …
The Prudential Regulation Authority (PRA) proposes that 128 thresholds across banking, insurance and credit unions increase automatically with nominal Gross Domestic Product (GDP) going forward.