4 h. ago Bank of England must plan for a financial crisis triggered by Aliens, says former policy expert

Financial markets could collapse if the American government confirms the existence of Alien life

Events

50 h. ago Populism makes managing global economy harder, Andrew Bailey warns

Bank of England governor tells officials to challenge populist leaders ‘in deeds more than just words’

Events

53 h. ago Bank of England governor hits out at populism as Trump interferes in US Fed

Andrew Bailey says he and heads of other institutions have duty to ‘challenge back’ populist narrativesBusiness live – latest updatesThe governor of the Bank of England has urge the world’s leading global institutions to fight back against the rise of populism, warning that it represents one of the biggest threats to improvements in living standards.In a thinly veiled response to Donald Trump’s attempts to interfere with the independence of the US Federal Reserve, Andrew Bailey said that he and the heads of other institutions had a duty to “challenge back” populist narratives. Continue reading...

Politics

54 h. ago Populism threatens the work of international agencies, Bank of England boss says

Andrew Bailey said the ‘rise of so-called populism makes the whole task harder’ for international agencies.

Economics

2 d. ago International media flock to Greenland as Trump turns the Arctic island into a geopolitical hot spot

International journalists have been flocking to Greenland's capital, Nuuk amid a political crisis triggered by President Donald Trump's desire to control the island

Politics

3 d. ago Lenders expect mortgage availability to increase in early 2026 – survey

Several lenders have announced mortgage rate cuts in recent weeks.

Politics

4 d. ago Cheap Chinese imports to help drive inflation to target, says Bank rate

Alan Taylor sees inflation hitting the Bank’s 2% target by the middle of the year.

Economics

5 d. ago Bank of England governor in extraordinary clash with Donald Trump over future of America's top banker

Andrew Bailey signs statement with other central bankers backing US Federal Reserve chairman Jerome Powell

Politics

5 d. ago Global central banks offer ‘full solidarity’ to US Fed’s Powell amid Trump threats

Nine governors including Bank of England’s Andrew Bailey and ECB’s Christine Lagarde say independence is criticalBusiness live – latest updatesGlobal central banks have issued an extraordinary joint statement offering “full solidarity” to the US Federal Reserve chair, Jerome Powell, in the face of the latest threat to his independence from Donald Trump’s White House.“The independence of central banks is a cornerstone of price, financial and economic stability in the interest of the citizens that we serve. It is therefore critical to preserve that independence, with full respect for the rule of law and democratic accountability,” the statement said. Continue reading...

Politics

5 d. ago Global central banks show ‘full solidarity’ to US Fed chairman after threats

Bank of England governor Andrew Bailey was among the 11 central bank leaders to sign the statement of support.

Politics

5 d. ago Persimmon sees home sales beat forecasts but cautions over market outlook

The group expects full-year underlying pre-tax profits at the upper end of the £415 million to £440 million range predicted in the market.

Economics

8 d. ago American left baffled by how money differs in England, Scotland and Ireland

An American asked Brits to explain why there's such a big difference between bank notes from England, Scotland, and Ireland as he spotted a confusing sign during UK visit

Politics

8 d. ago AI bubble: five things you need to know to shield your finances from a crash

Some experts have voiced fears a tech meltdown could hit our savings and pensions – here’s how to protect yourselfThe new year has started as 2025 ended – with share prices booming amid warnings from some that the growth is being driven by overvalued technology stocks. Fears of an “AI bubble” have been voiced by people from the governor of the Bank of England to the head of Google’s parent company, Alphabet.Even if you have not actively invested in technology shares, the chances are you have some exposure to companies operating in the sphere. Even if you do not, a collapse could take down other companies’ values. Continue reading...

Events

1 week ago Data centre plan provokes anger over future of former Truman Brewery

Data centre plan provokes anger over future of former Truman Brewery  Financial Times

Politics

1 week ago Bank holidays 2026 for Wales and England confirmed amid 'change them' calls

The government has confirmed the bank holiday dates for 2026 - but the long summer gap has prompted calls for an extra day to be added

Economics

1 week ago Deep in the vaults: the Bank of England’s £1.4bn Venezuelan gold conundrum

Nicolás Maduro’s seizure by US reopens question of who controls country’s reserves held in the UKTrump suggests US taxpayers could reimburse oil firmsBusiness live – latest updatesVenezuela live – latest updatesDeep under London’s streets, thousands of miles from Caracas, Nicolás Maduro’s seizure by the US has reopened a multibillion-dollar question: who controls Venezuela’s gold reserves at the Bank of England?After the ousting of Maduro, global attention has largely focused on the South American country’s vast oil wealth – believed to be the largest reserves of any nation in the world. However, Venezuela also has significant gold holdings – including bullion worth at least $1.95bn (£1.4bn) frozen in Britain. Continue reading...

Economics

1 week ago Scotland gives fans bank holiday to watch first World Cup match

To mark Scotland's first game in the tournament in almost 20 years, the SNP have announced plans for a World Cup bank holiday.

Politics

1 week ago Credit card borrowing grows at fastest annual rate in nearly two years

The rise in consumer credit borrowing may be a reflection of everyday costs becoming harder to manage without turning to credit, a charity said.

Politics

2 w. ago Bank of England UK interest rates set for huge change says expert

The Bank of England will make significant adjustments according to a new forecast

Politics

2 w. ago Expert tips dramatic interest rates cut to 2.75% driven by unemployment

The Bank Rate rose as high as 5.25 per cent across 2023 to 2024 before starting its present downward journey

Events