New UK government cuts billions of pounds of spending to fix ‘unsustainable’ finances
Britain’s new finance minister, Rachel Reeves, told parliament on Monday her Conservative predecessor had left public spending on track to...
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Can Labour really bring down mortgage rates?
Keir Starmer has promised to keep mortgage rates 'as low as possible' Higher mortgage rates have been battering homeowners for...
FTSE 100 dips, Europe mixed and Wall Street holds near record high as Labour wins UK general election
Labour won 412 seats while the Conservative party 121. (Christopher Furlong via Getty Images)The FTSE 100 (^FTSE2) dipped into the...
Britain’s likely first woman finance chief
Rachel Reeves, a former child chess champion and Bank of England economist, is on Friday expected to become Britain's first...
What a Labour election win could mean for investors
Labour party leader Keir Starmer (R) and shadow chancellor Rachel Reeves (L). As the UK heads to the polls on...
Analysis-Consumer-focused lending under Labour could dent UK bank profits
By Sinead Cruise and Lawrence WhiteLONDON (Reuters) - Once seen as hostile to banks, Britain's Labour has courted lenders in...
U.K. markets jolted back to life by rate cut hopes, election buzz
Open this photo in gallery:People walk past the Bank of England building in London on May 8.Carlos Jasso/ReutersTraders upped bets...
Labour promises 350 banking hubs for towns where branches have shuttered
Some 6,000 bank branches have vanished from high streets since 2015Hubs allow customers from many different banks to use services Conservatives...
Labour plans to open 350 banking hubs across Britain
Banking hubs allow staff from several banks to share the same space. (ArchivalSurvival)Labour has unveiled plans to open 350 banking...
Rachel Reeves accused of wanting to unwind Brexit ‘through stealth’ as shadow chancellor talks up closer ties with EU to boost the economy
By Greg Heffer, Political Correspondent For Mailonline 12:16 17 Jun 2024, updated 13:09 17 Jun 2024 Rachel Reeves has been...
