Britain’s next financial crash is coming. This time it won’t be the banks. – POLITICO
Plus, the Bank is undertaking a stress test to probe how nonbanks would react to extreme potential stress in the...
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UK shakes off recession with 0.6% GDP growth in first quarter
In a pre-election boost for Prime Minister Rishi Sunak, national output surpasses analysts’ expectations. ADVERTISEMENTThe UK economy grew by 0.6%...
Bank of England edges closer to rate cut, possibly in June, as it predicts below-target inflation
LONDON (AP) — The Bank of England maintained its key U.K. interest rate at a 16-year high of 5.25% though...
Why Mortgages, Interest Rates and House Prices Are a Hot UK Election Issue
With Britain expecting a general election later this year, the ruling Conservatives and Labour opposition are drawing up rival plans...
Britain moves to a war footing — but where should the extra money go? – POLITICO
So, the tide continues to turn in Russia’s favor. And the easier option of defeating Putin through Ukraine is beginning...
NATO is worth investing in – POLITICO
One senior European diplomat said "we are trying to engage as many Republicans as possible and people around" Trump to...
UK: The FCA, Bank of England and PRA issue their strategic approach to regulating AI in response to the government’s AI White Paper
The UK’s financial regulators have responded to the government’s White Paper on its approach to regulating the use of artificial...
Bank of England’s Ramsden More Confident UK Inflation Risks Are Ebbing
WASHINGTON (Reuters) -Bank of England Deputy Governor Dave Ramsden said on Friday that the risk of British inflation getting stuck too high had receded and it might prove weaker than the BoE's most recent forecasts.Ramsden, who has voted recently to keep interest rates at their highest since 2008, said inflation could remain around the BoE's 2% target for the next three years - rather than rise higher later this year as the central bank forecast in February."Over the last few months I have become more confident in the evidence that...
Why are artists dropping out of The Great Escape music festival – and how is Barclays bank involved?
Half of the line-up of one of the UK's best festivals has signed a statement demanding The Great Escape drop...
Fintech Takes Pole Position Again As U.K. Startup Funding “Stabilizes”
Simon Bumfrey sees encouraging signs after a difficult summer in 2023Copyright CHARLOTTE FIORITO @COMPASSPHOTOGS Is the United Kingdom’s startup investment...
