8 h. ago Watch out for black swans: The trigger for financial crashes rarely is predicted by watchdogs, says ALEX BRUMMER

These are tense days for capital markets with warnings from the Bank of England and International Monetary Fund over inflated AI valuations.

Events

18 h. ago Head of largest US bank warns of risk of American stock market crash

Jamie Dimon, chair of JPMorgan Chase, said he was ‘far more worried than others’ about serious market correctionThe chances of the US stock market crashing is far greater than many financiers believe, the head of America’s largest bank has said.Jamie Dimon, who is the chair and chief executive of the giant Wall Street bank JPMorgan Chase, said he was “far more worried than others” about a serious market correction, which he predicted could come in the next six months to two years. Continue reading...

Events

18 h. ago Man Utd owners Glazers would sell for staggering fee in Saudi takeover bombshell

EXCLUSIVE: The Glazers are open to offers for their stake in Manchester United, which would need to be more than double the club's stock market value to stand a chance of persuading them to sell

Events

19 h. ago New Netflix scam could drain money from your bank account within minutes

Fraudsters are targeting streaming fans with fake payment alerts that look real.

Economics

21 h. ago Is the AI bubble about to burst? JP Morgan boss joins dire warnings from BoE and IMF about risk of stock market crunch

JP Morgan boss Jamie Dimon said he was 'far more worried than others' about the risk of a serious correction.

Events

21 h. ago FTSE 100 Live 09 October: HSBC and Lloyds weigh on index, top banker issues warning

Lloyds Banking Group today warned an additional provision in relation to motor finance mis-selling compensation may be material.

Events

22 h. ago FTSE 100 Live 09 October: Lloyds falls on motor finance warning, index dips from record

Lloyds Banking Group today warned an additional provision in relation to motor finance mis-selling compensation may be material.

Events

32 h. ago Footsie and gold soar to record highs as investors shrug off Bank of England's AI 'correction' warning

On a record-breaking day on financial markets, the FTSE 100 rose 0.7%, or 65.29 points to an all-time high of 9548.87, while bullion hit $4,059 an ounce.

Events

39 h. ago IMF and BoE warn AI boom risks ‘abrupt’ stock market correction

Kristalina Georgieva and UK financial stability watchdog say valuations are closing in on dotcom bubble levels

Events

41 h. ago Bank of England warns of risk of AI market correction; gold hits new $4,000 an ounce record – business live

Soaring tech valuations could drop amid potentially ‘disappointing’ progress on AI, central bank says; gold has doubled in two years and extends 50% rally so far this yearPeter Hargreaves, the billionaire co-founder of Hargreaves Lansdown, is retiring from the UK’s largest personal investment site, seven months after its £5.4bn acquisition by private equity firms. Hargreaves, 79, who set up the business in 1981 in the back bedroom of his house in Clifton with Stephen Lansdown, is handing his board position to his son Robert and said this “marks a proud new chapter in the family legacy”. His firm pioneered “DIY” investments, allowing people to invest directly in shares via its website without costly financial advisers.The Bristol-based company said he had rejoined the board earlier this year to “provide continuity and support through a period of change” following its takeover by a private equity consortium of Jersey-based buyout giant CVC Capital Partners, Sweden’s Nordic Capital and...

Events

42 h. ago Bank of England warns of growing risk that AI bubble could burst

Possibility of ‘sharp market correction has increased’, says Bank’s financial policy committee Business live – latest updatesThe Bank of England has warned there is a growing risk of a “sudden correction” in global markets as it raised concerns about soaring valuations of leading AI tech companies.Policymakers said there were also threats of a “sharp repricing of US dollar assets” if the Federal Reserve lost credibility in the eyes of global investors. It comes as Donald Trump’s continues to attack the US central bank and threaten its independence. Continue reading...

Events

43 h. ago Bank of England warns growing risk AI bubble could burst; gold hits new $4,000 an ounce record – business live

Soaring tech valuations could drop amid potentially ‘disappointing’ progress on AI, central bank says; gold has doubled in two years and extends 50% rally so far this yearPeter Hargreaves, the billionaire co-founder of Hargreaves Lansdown, is retiring from the UK’s largest personal investment site, seven months after its £5.4bn acquisition by private equity firms. Hargreaves, 79, who set up the business in 1981 in the back bedroom of his house in Clifton with Stephen Lansdown, is handing his board position to his son Robert and said this “marks a proud new chapter in the family legacy”. His firm pioneered “DIY” investments, allowing people to invest directly in shares via its website without costly financial advisers.The Bristol-based company said he had rejoined the board earlier this year to “provide continuity and support through a period of change” following its takeover by a private equity consortium of Jersey-based buyout giant CVC Capital Partners, Sweden’s Nordic Capital and...

Events

43 h. ago AI firms vulnerable to sharp drop in valuations, Bank of England warns

The risk of a ‘sharp correction’ in the financial markets has increased, the Bank’s Financial Policy Committee said.

Events

43 h. ago Bank of England sounds alarm over AI tech bubble and warns of 'sharp market correction'

The Bank of England has sounded the alarm over the risk of an AI bubble in financial markets that threatens to send shock waves across the globe.

Events

44 h. ago FTSE 100 Live 08 October: Lloyds rallies on car loan update, index and gold at record

Lloyds Banking Group shares today rose during a record-breaking session for the FTSE 100 index.

Politics

46 h. ago FTSE 100 Live 08 October: Index at record as gold tops $4000, Lloyds shares rise

Lloyds Banking Group shares today rose during a record-breaking session for the FTSE 100 index.

Politics

69 h. ago FTSE 100 Live 07 October: Shell and Imperial rally, B&M slides after earnings downgrade

Gold and Bitcoin prices are in focus after they traded at record levels earlier today.

Politics

2 d. ago FTSE 100 Live 07 October: House prices weaken, B&M hit by poor trading

Gold and Bitcoin prices are in focus after they traded at record levels earlier today.

Society

3 d. ago As London stock market listings show signs of life, Reeves must add momentum | Nils Pratley

As London stock market listings show signs of life, Reeves must add momentum | Nils Pratley  The Guardian

Politics

3 d. ago Fund managers urge Bank of England to scrap debt sales as gilt yields soar

Fund managers have urged the Bank to scrap its multi-billion debt sell-off, which they warn is unnecessarily burdening taxpayers and worsening the UK's fiscal woes.

Economics