Virgin Media down leaving thousands of customers without internet connection
Virgin Orbit has filed for bankruptcy after a collapse in its share price following a failed rocket launch in January.The...
archiveGlobal economy
Pound surges to become best performing currency this year
Richard Branson has injected £11m into Virgin Orbit after it failed to secure additional funding and announced it is laying...
Banking industry’s ‘near-death experience’ to send US economy into recession
London is no longer the clear leader among global financial centres after New York rose from second place to level...
Britain’s taxes are ‘far too complex’, warns Chancellor
Countries with less strict environmental laws are expected to face taxes on their products sent to the UK under plans...
French banks raided over tax fraud allegations
Shop price inflation reached a new high in March amid warnings that soaring food costs are yet to peak.Shop prices...
Saudi National Bank chairman quits after triggering Credit Suisse turmoil
A buyer has been found for Silicon Valley Bank, the troubled US regional lender which sparked global turmoil in the...
More banks will fail as interest rates rise, warns L&G chief
The Bank of England faces a "difficult balancing act" as it makes its next decision on interest rates at lunchtime,...
Federal Reserve raises rates despite banking crisis
Mr Powell’s comments will pile more pressure on the Bank of England to raise rates again on Thursday, following a...
‘Contagious bank runs’ to blame for current turmoil, says US Treasury Secretary
Public sector net borrowing in February stood at £16.7bn in February - a record number for the month.It was £9.7bn...
Credit Suisse sued by shareholders amid banking turmoil
Credit Suisse is being sued by its shareholders over its recent troubles as the world banking system remains in turmoil.The...
