BankingDollar dips as UK budget U-turn improves market sentimentOctober 17, 2022145NEW YORK, Oct 17 (Reuters) - The dollar dipped against a basket of major currencies and sterling jumped on Monday...
FinanceUK finance minister Hunt vows to win back financial market trustOctober 16, 202247PM Truss remains under intense political pressureGovernment must account for every penny, says new finminPromises to make "difficult decisions" on...
FundsSome EU countries want billion-euro chip plan to also fund current chipsOctober 14, 2022106BRUSSELS, Oct 14 (Reuters) - Some EU countries want the bloc's billion-euro chip plan to fund the production of current...
BankingUK should review cutting interest on banks’ BoE reserves – ex-deputy governor TuckerOctober 14, 202255LONDON, Oct 14 (Reuters) - Britain's government should review the Bank of England's policy of paying interest to banks on...
CurrenciesUK bond market chaos sends investors fleeing into into money-market funds-FitchOctober 14, 202247LONDON, Oct 14 (Reuters) - Investors piled cash into sterling money-market funds at more than three times their usual rate...
BankingIMF head admonishes UK officials over coherence of fiscal, monetary policiesOctober 13, 202258WASHINGTON, Oct 13 (Reuters) - International Monetary Fund Managing Director Kristalina Georgieva on Thursday rebuked Britain over its planned tax...
CurrenciesAnalysis: Weak forint rains on Hungary’s ‘no more hikes’ paradeOctober 12, 202252BUDAPEST, Oct 12 (Reuters) - Hungary's central bank tightened forint liquidity further on Wednesday at a deposit tender as part...
BankingEU watchdog trying to understand UK bond market movesOctober 10, 202282LONDON, Oct 10 (Reuters) - The European Union's securities watchdog has asked Britain about recent extreme moves in UK government...
FinanceUK names new finance ministry head after ousting predecessorOctober 10, 202283LONDON, Oct 10 (Reuters) - Britain's government on Monday named an experienced Treasury official as the finance ministry's new top...
MortgagesAnalysis: British banks’ mortgage payday comes with sting in the tailOctober 10, 202247LONDON, Oct 10 (Reuters) - While British households head into a winter of soaring energy costs, a tumbling currency and...