CurrenciesIs King Charles III on the money in the UK, Canada, Australia?May 5, 202352It’s one of the many privileges of monarchs to appear on their country’s currency. But few monarchs had their portrait...
BankingUniCredit CEO warns of more U.S. bank rescues after First RepublicMay 3, 2023127JPMorgan announced Monday it acquired a substantial majority of assets of First Republic.Banking authorities in the European Union, where UniCredit...
BankingHalf of America’s banks are potentially insolvent – this is how a credit crunch beginsMay 2, 202355First Republic lends to technology start-ups, but it chiefly came unstuck on commercial real estate. It will not be the...
EconomyHow Charles’ big day will uplift parts of the economyApril 30, 202365The Coronation will help deliver a £1billion boost to struggling parts of the economy, experts predicted. An influx of tourists combined...
Finance‘Money-printing spree has turned banks into drug addicts’April 30, 202377"So there are losses from long term loans, but there's also the commercial real estate losses to buildings to office...
EconomyInvested in progress | The Financial ExpressApril 27, 202348By Dominic Johnson In February, UK prime minister Rishi Sunak welcomed a momentous deal worth billions of pounds for Airbus...
EconomyRising tide of long-term sickness ‘is costing UK economy £43bn a year’April 27, 202359By David Wilcock, Deputy Political Editor For Mailonline 11:05 27 Apr 2023, updated 11:05 27 Apr 2023 IPPR blamed poor...
MortgagesOpinion: As an economist, I think forecasts are a waste of time – almost hubrisApril 26, 202351Images are unavailable offline.European Commissioner for the Economy Paolo Gentiloni gives a news conference on the winter 2023 economic forecast...
EconomyHow the U.S. built a junk fee economyApril 25, 2023276Americans are collectively spending nearly $65 billion on sneaky fees, according to the White House."Sometimes they're called convenience fees. Sometimes...
CurrenciesIt is a very long time since I felt so optimistic about UK’s economic futureApril 25, 202368It is perhaps a minor detail in the blossoming rapprochement between London and EU capitals, but such detail is more...