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…
Read more →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.
Read more →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.
Read more →The Bank of England has today launched a consultation supporting central counterparties (CCPs) acceptance of tokenised forms of eligible collateral.
Read more →Louie, 24, a chef living in London, says a lot of people have “written off the idea of even considering getting a property” in their 20s.
Read more →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.
Read more →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…
Read more →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.
Read more →Few surprises as chancellor uses low-key speech blaming ‘global economic storms’ for stoking energy prices and cost of living crisis
Read more →The Office for Budget Responsibility says higher energy prices will impact everything from prices and living standards to economic growth.
Read more →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 …
Read more →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 …
Read more →How the chancellor’s measures on tax, benefits and pensions will affect your personal finances
Read more →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.
Read more →The Federal Reserve's interest rate decisions affect everything from mortgages to car loans
Read more →The Federal Open Market Committee approved the following statement for release by a 10 â 2 vote:
Read more →Chancellor fleshes out details of scheme unveiled last month to help 70,000 households on to the property ladder
Read more →The chancellor talked of charting a new course for Britain, but the impact of Iran war has limited his options.
Read more →Payments to 20m homes part of package to cut energy bills and ease cost of living crisis, paid for by bank windfall tax
Read more →OBR cautions about Middle East war dragging down growth and triggering a fresh cost of living crisis
Read more →Income tax thresholds are set to remain frozen after John Healey’s first budget as chancellor.
Read more →Good morning. There was a time when Bank of England interest rate announcements passed (most of us) by entirely unnoticed. A small rise here; a minor dip there: until May 2022, rates hadn’t climbed above 1% for 13 years.
Read more →Jonathan Reynolds has written to Gordon Brothers, which bought retailer for £1 last summer, to ‘establish the facts’
Read more →The chancellor begins his speech by calling it a Budget for the "working people of Britain, for British businesses big and small."
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