Bank shares sink as Joe Biden fails to reassure markets
Joe Biden said "Americans can have confidence that the banking system is safe" as small bank shares crashed as markets...
archiveGlobal economy
Silicon Valley Bank suspends trading after sparking stock market meltdown
The year got off to a positive start as the economy grew by 0.3pc in January, according to the Office...
Early retirees facing pension cash crunch, warns Bank of England official
House prices increased last month, according to an influential index, as reductions in mortgage rates and improving consumer confidence helped...
Falling energy prices risk stoking inflation, says Bank of England
Ocado has kicked off a pricing war with Tesco after revealing it lost more than half a billion pounds as...
Britain to suffer shallow recession this year, says Lloyds chief
British Steel is expected to announce 300 job losses today as it faces soaring energy costs alongside high inflation and...
EU lags behind UK as it announces ban on petrol and diesel cars
Average wages grew at the fastest rate ever seen outside the pandemic.However, surging inflation meant real income has still suffered...
Europe’s energy bill nears €800bn after Putin cuts off gas
European nations have splashed out nearly €800bn on energy support measures as the continent continues to reel from Putin's gas...
UK narrowly avoids recession as economy flatlines
So there we have it. Britain managed to dodge a technical recession last year.The economy still shrank by 0.5pc in...
Central banks are fighting the wrong war – the West’s money supply is already crashing
It is not just the monetarists who are fretting, though they are the most emphatic. To my knowledge, three former...
National Grid to pay households to switch off electricity for second day
Tesco is forcing suppliers to open their books and justify price increases "line by line" according to food chiefs amid...
