10 h. ago Bank watchdog boss says ‘plenty to worry about’ including AI bubble risk

Sam Woods also told City bosses and top bankers that potential US banking reforms would be ‘highly risky’.

Economics

14 h. ago Brann boss welcomes Rangers to the party he fears Danny Rohl could ruin on their big night

Freyr Alexandersson has warned the new Ibrox boss what to expect from his team as he predicts a lift for Gers

Politics

21 h. ago UK inflation unexpectedly holds steady and bolsters hopes of November rate cut

Inflation in the U.K. has unexpectedly held steady in the year to September, according to official figures released Wednesday

Economics

21 h. ago Bank of England boss warns 'shadow banking' has echoes of the 2008 financial crisis

Bank of England governor Andrew Bailey (pictured) said 'alarm bells' were ringing over risky lending in the unregulated private credit market.

Events

23 h. ago Alarm bells ring over risky lending: Bailey orders stress test into 'shadow banking' amid fears of a new financial crisis

Bank of England governor Andrew Bailey (pictured) said 'alarm bells' were ringing over risky lending in the unregulated private credit market.

Events

39 h. ago Andrew Bailey warns ‘alarm bells’ ringing over private credit market

BoE governor draws parallel with practices before 2008 financial crisis

Events

41 h. ago Bank should take concerns over private finance ‘very seriously’, says Bailey

The Governor of the central bank also confirmed that the Bank is planning to run a ‘stress test’ with private equity and credit firms.

Economics

41 h. ago BoE’s governor says ‘alarm bells’ ringing over private credit market

Andrew Bailey draws parallel with practices before 2008 financial crisis

Economics

41 h. ago BoE governor warns ‘alarm bells’ ringing over private credit market

Andrew Bailey draws parallel with practices before 2008 financial crisis

Events

68 h. ago Sturm Graz fire Celtic warning with dramatic win as boss names mistake they 'can't afford' at Parkhead

The Austrian champions welcome Celtic in the Europa League this week.

Events

3 d. ago Betfred boss Fred Done warns all his bookies could close if gambling tax hiked

He said that 7,500 in his business would be at risk

Events

3 d. ago ‘Disorder, fright and confusion’: looking back at the devastating Wall Street crash of 1929

Andrew Ross Sorkin’s new book 1929 takes readers back to the crash that changed the US and looks at what we can learn from it todayAndrew Ross Sorkin’s first book, Too Big to Fail, was a bestseller about the financial crisis of 2008, published the following year. His second, 1929, out this week, takes readers “Inside the Greatest Crash in Wall Street History – and How it Shattered a Nation”.It’s been 16 years between books, but Sorkin hasn’t been idle. A columnist for the New York Times, he founded its DealBook newsletter and summit; he’s a Squawk Box co-anchor for CNBC; and after Too Big to Fail was filmed by HBO, he co-created Billions, a huge hit for Showtime starring Damian Lewis and Paul Giamatti. Continue reading...

Events

4 d. ago Brexit impact on UK economy will be negative for foreseeable future, Bailey warns

The Bank of England governor, speaking at the G30 International Banking Seminar, highlighted a decline in the UK’s potential growth rate.

Events

4 d. ago Brexit impact on UK economy ‘negative for foreseeable future,’ Bailey says

The Bank of England governor, speaking at the G30 International Banking Seminar, highlighted a decline in the UK’s potential growth rate.

Politics

4 d. ago What is private credit, and should we be worried by the collapse of US firms?

First Brands and Tricolor failures raise concerns for wider financial sector, including traditional banksThe collapse of two US firms, First Brands and Tricolor, has shone a light on private credit and its growing influence in the global economy.The failures have led to ballooning losses at traditional banks, and, coupled with worries about the health of US regional banks, have raised concerns about weak lending standards and potential threats from an opaque corner of the so-called shadow banking sector. Continue reading...

Economics

4 d. ago Liverpool boss Arne Slot's warning to Man Utd star he branded 'arrogant' in clear comments

The current Manchester United star was previously warned by Slot about his causal nature on the pitch

Events

5 d. ago Broken promises and political crises: how Emmanuel Macron fell from French favour

The president is seen to have accelerated the financial crisis, social inequalities and the rise of the far rightEurope live – latest updatesThree French governments have collapsed in less than a year, and the political crisis looks likely to continue, overshadowing Emmanuel Macron’s last 18 months in power and his domestic legacy.This week, the latest minority government narrowly survived its first vote of no confidence. But it remains the weakest cabinet in decades and could be toppled at any moment if opposition parties join together to oust it. France faces a brutal two-month battle in parliament to achieve what once seemed the most basic element of governance: passing a budget. Continue reading...

Politics

5 d. ago Brendan Rodgers sends five word Celtic warning to incoming Rangers boss Kevin Muscat

The Hoops boss reacted to the latest managerial overhaul at Ibrox after Russell Martin lost his job during the international break

Events

5 d. ago Top Bank of England economist dents hopes of interest rate cuts due to 'stubborn' inflation

Chief economist Huw Pill said rates will probably need to be cut more slowly. The warning came with inflation in the UK the highest in the G7 at 3.8 per cent.

Economics

5 d. ago Bank of England’s top economist calls for ‘more cautious’ interest rate cuts

Huw Pill, chief economist at the Bank, said in a speech in London that he ‘would expect further cuts’ in the coming year.

Economics