3 h. ago 'I know Mark Carney – he must ditch the gobbledygook to take on Donald Trump'

Having interviewed Mark Carney when he was Bank of England, I believe he does have the ability to outsmart President Trump - but he certainly has a job on his hands

Politics

6 h. ago Mark Carney comes out fighting against Trump and his bid to 'destroy our way of life' as he declares: 'Canada will never be part of America'

Speaking during his acceptance speech, the former Bank of England governor Mark Carney chose to lean strongly into resisting US President Donald Trump's policies.

Politics

7 h. ago Looking back at Mark Carney's Bank of England career as he takes over from Justin Trudeau

Mark Carney will take over at a tumultuous time in Canada, which is in the midst of a trade war with the US

Politics

8 h. ago Canadians believe that Mark Carney is the man to stand up to Donald Trump | Colin Horgan

The newly appointed Liberal leader is likely to call a federal election to bolster his mandate, but Canadians seem to see him as the best bet to counter US tariffsWhen Mark Carney took the job as governor of the Bank of England in 2013, he negotiated a five-year term rather than the traditional eight-year tenure. The sense was that he was eager to get back to Canada to run for office in the next federal election. But that election came and went in 2019, and Carney instead extended his tenure at the Bank, ultimately leaving it in 2020. A year later, the Guardian asked him whether he’d be prime minister of Canada some day. Carney was deliberately coy. “Er, look at the time!” he laughed, with a raised eyebrow.No need to be cute any more. On Sunday evening, Carney won the Liberal leadership race in a landslide, capturing 85.9% of the overall riding points on the first count. The party allocates 100 possible points to each constituency (or ridings, as they’re known), and those points are...

Politics

13 h. ago Mark Carney: Canada’s new PM calls Trump tariffs ‘the greatest crisis of our lifetime’

Mark Carney, the former Bank of England governor, has been named as Canada’s new prime minister succeeding Justin Trudeau ahead of the country's general election.

Politics

13 h. ago Every confirmed UK Bank Holiday in 2025 and exactly when they fall

Find out when bank holidays are in England- including past and future ones - as the UK is weeks away from celebrating Good Friday and Easter Monday. How can workers make the most of their time off from work?

Economics

19 h. ago Canada will never be part of America, Mark Carney says after winning PM race

Former Bank of England governor Mark Carney has won the race to succeed Justin Trudeau as Canada’s prime minister.

Politics

19 h. ago Watch: Former Bank of England governor succeeds Justin Trudeau as Canada’s next prime minister

Watch the moment former Bank of England governor Mark Carney was announced as Canada’s next prime minister, succeeding Justin Trudeau after nine years in power.

Politics

19 h. ago Who is the man who will become the next prime minister of Canada?

Former central banker Mark Carney will become Canada’s next prime minister after he won Liberal Party leadership vote in a landslide

Politics

19 h. ago Justin Trudeau says Canada faces 'existential challenge' from 'neighbour' US

Former Bank of England boss Mark Carney has won the Liberal leadership race in Canada to become the country's new Prime Minister, replacing Justin Trudeau

Politics

53 h. ago Excessive mortgage lending rules leave London tenants stuck in the rental trap

The ability for renters to borrow a higher amount than the normal 4.5x income would be hugely beneficial,

Politics

68 h. ago Barclays boss Jes Staley was 'destroyed' by Jeffrey Epstein probe

Nigel Higgins made the remark when Bailey - now governor of the Bank of England - led the Financial Conduct Authority in 2019, a London tribunal was told.

Politics

3 d. ago Bank of England head had ‘clear impression’ that Staley was ‘close’ to Epstein

Andrew Bailey, who was chief executive of the Financial Conduct Authority from 2016 to 2020, appeared at the Upper Tribunal in London on Friday.

Politics

3 d. ago Average house price dips as annual change in property values shown by region

'The hope is that the rise in inflation is brief and that the (Bank of England) base rate can be brought down sooner rather than later. Another rate cut or two this year would be a massive tonic for bricks and mortar'

Society

4 d. ago Bank of England boss warns UK faces 'substantial' risk from Trump's trade war

Governor Andrew Bailey said there is a 'major shift going on in the US' which the Bank would have to 'take very seriously'

Events

4 d. ago Pound rises above $1.29 as Trump fears hit dollar; Poundland chain up for sale – business live

Dollar slides after US president exempts carmakers from 25% tariffs on Canada and Mexico; euro and sterling hit four-month highsThe British Chambers of Commerce (BCC) is predicting “a long and challenging year for UK businesses”. It has become more gloomy about the growth outlook for the UK and said firms will struggle to invest as they deal with a raft of rising cost pressures.This is going to be a long and challenging year for UK businesses. The BCC’s forecast shows an economy struggling without the secure foundations to kickstart business investment.Inflation will continue to be stubborn this year forcing the Bank of England to keep interest rates relatively high. Global uncertainties will add further dark clouds to the economic climate. Continue reading...

Economics

4 d. ago Wales v Scotland team announcement LIVE: Matt Sherratt names side

The interim Wales head coach is expected to stick with the side that impressed against Ireland in the last round

Politics

5 d. ago Bank of England warns of ‘substantial’ risks to UK from Trump tariffs

Governor Andrew Bailey cautioned over the ‘major shift’ going on in the US after President Trump imposed trade tariffs on various countries.

Events

5 d. ago Interest rate cuts might not be 'rapid' due to 'sticky' inflation, Bank of England chiefs warn as they highlight 'substantial' risks from Trump's trade war

Giving evidence to MPs, the Bank's chief economist Huw Pill warned interest rates might not fall as fast as hopes because there is still 'more work to do' to tackle price pressures.

Events

6 d. ago Jeffrey Epstein used lobbyist to push for Jes Staley to be Barclays CEO, court told

‘Project Jes’ targeted high-level figures including George Osborne and Mervyn King, emails suggestJeffrey Epstein deployed a consultant to push for Jes Staley to become Barclays’ chief executive in 2012, a court was told on Tuesday, with the ultimately failed campaign – called “Project Jes” – having targeted high-profile figures including the chancellor George Osborne and the Bank of England governor Mervyn King.The campaign’s efforts were detailed as part of a landmark legal case launched by Staley against the UK regulator the Financial Conduct Authority (FCA). Staley is trying to overturn its 2023 decision to ban him from taking senior roles in the UK’s financial sector for having allegedly misled the regulator over the depth of his relationship with the convicted sex offender Epstein. Continue reading...

Events