CurrenciesBritain must end reliance on ‘cheap labour’, Starmer tells businessesNovember 22, 202281Some businesses have been pushing the government to ease immigration rules, especially from the European Union, to fill job vacancies...
BankingHunt overrules Bank of England to push ahead with plans for Big Bang 2.0November 17, 202289He added: “Phoenix plans to invest £40bn to £50bn in illiquid assets and sustainable investments over the next five years...
MortgagesMortgage rates plunge to 6.61% amid signs of easing inflationNovember 17, 202257Editor’s Note: Freddie Mac, which has tracked weekly average mortgage rates since 1971 and has periodically made changes to its...
BankingEstonian startup Mifundo wants to create a single market for bank loans across the EUNovember 17, 202285 Mifundo, a fintech startup founded by the former CEO of Estonian digital bank Bigbank, has raised €1.2 million in...
BankingBAI Announces 2022 Global Innovation Award Finalists | NewsNovember 15, 2022101CHICAGO--(BUSINESS WIRE)--Nov 15, 2022--BAI announced the finalists for the 12th Annual BAI Global Innovation Awards, the financial services industry’s leading...
CryptocurrencyMajor crypto exchange reassures investors over fears of contagionNovember 14, 202279Investors fear cryptocurrency's equivalent of a run on the banks as the head of another popular exchange tried to reassure...
BankingBank of England is ‘dragging its feet’ on cutting EU red tapeNovember 13, 202259The PRA last week launched its latest consultation on reducing the burden around reporting and administrative requirements for Solvency 2. ...
PensionHow Britain’s electric car revolution took a wrong turnNovember 13, 202276“We recently launched our first home battery, and while we’re excited about the product, we would have preferred to source...
PensionPension problems, caregiver burnout, saying ‘no’ to nursing homes and more retirement newsNovember 11, 202278From MarketWatch Retirement: Here’s why you should be worried about state and local pensions. About 26 million people are relying...
CurrenciesHere’s where the strong dollar is making luxury goods cheaperNovember 9, 202299Shoppers who buy a mid-length Kensington trench from Burberry in the UK will pay 1,790 GBP or $2,052. The same...