43 h. ago Bank of England and FCA reveal plans to boost 'vital' mutuals sector

City regulators have revealed a package of measures designed to boost Britain's mutuals sector including building societies and credit unions.

Politics

62 h. ago Rent out your party frocks, wrap presents for cash and five other ways to make up to £1,300 before Christmas

WITH Christmas just around the corner, the annual squeeze on our wallets is tightening. This is easily the priciest time of the year, as the average household spends a hefty 29 per cent more in December than their normal monthly outgoings, according to the Bank of England. But don’t panic just yet. Money-saving expert Jane...

Economics

2 d. ago Bank of England to stress test private credit firms as concerns grow

The central bank said it has launched a new exercise to stress-test the resilience of the market.

Economics

2 d. ago Bank of England launches stress test of private equity and credit

Bank of England launches stress test of private equity and credit  Reuters

Economics

4 d. ago Mortgage misery for 4M households as bills will soar over next three years, warns Bank of England

Nearly four million households will be hit with higher mortgage costs over the next three years even though interest rates are now coming down, the Bank of England has said.

Events

4 d. ago Mortgage misery for four million households as bills soar despite interest rate cuts

Nearly four million households will be hit with higher mortgage costs over the next three years even though interest rates are now coming down, the Bank of England has said.

Economics

4 d. ago Cyber attacks among biggest risks to financial stability, Bank chief warns

A record number of firms surveyed by the Bank of England cited cyber attacks as among the biggest risks to the UK financial system.

Events

4 d. ago AI could be a bubble even if it changes the world, Bank of England warns

Artificial intelligence (AI) stocks could be in a bubble even if the technology transforms the world, the governor of the Bank of England has warned.

Events

4 d. ago Bank of England set to introduce biggest rule change since 2008 financial crash

Central bank eases capital rules on lenders just as it warns of risk of “sharp correction” in US tech stocks amid fears it could be a bubble that will burst

Events

5 d. ago FTSE 100 LIVE: London stocks slip as Bank of England flags AI

FTSE 100 LIVE: London stocks slip as Bank of England flags AI-driven valuation risks  Yahoo Finance UK

Politics

5 d. ago FTSE 100 Live 02 December: Warning over stretched AI valuations, lenders pass stress test

The Bank of England today warned AI-focused valuations remain “materially stretched” and at risk of a “sharp correction”.

Events

5 d. ago Boost for banks as BoE eases financial crisis era lending restraints

Britain's banks have been given a boost after he Bank of England eased post financial crisis restraints - giving them 'greater confidence and certainty' to lend to firms and households.

Economics

5 d. ago FTSE 100 Live 02 December: Bank issues AI valuation warning, lenders pass stress test

The Bank of England today warned AI-focused valuations remain “materially stretched” and at risk of a “sharp correction”.

Events

5 d. ago Blackstone, Apollo and KKR sign up to UK stress test of private credit

US private capital groups to take part in Bank of England review amid concerns over systemic risks

Politics

6 d. ago Mortgage approvals dipped and savers ploughed more cash into Isas in October

Finance experts suggested that speculation over potential Budget measures may have had an impact on households’ sentiment.

Economics

6 d. ago Students lured to current accounts with cash and takeaways, says Nationwide

The building society said students have downloaded 125,000 takeaway vouchers through its FlexStudent current account.

Society

8 d. ago Lenders gear up for loosening of capital rules by Bank of England

Bankers are expecting easing of leverage ratio as part of forthcoming review

Politics

1 week ago Diego Maradona remembered five years on as 'goal of the cenutry' coin released

Memories of when football legend Diego Maradona spoke to the Mirror as Argentina bank bosses put his 1986 'goal of the century' against England on a commemorative coin ahead of 2026 World Cup

Events

1 week ago Covid inquiry hears from businesses as it begins examining economic response

Monday’s hearing began with an impact video featuring people who’s lives were affected by the pandemic.

Economics

2 w. ago Banks’ customers will be protected by up to £120,000 if their provider fails

The new Financial Services Compensation Scheme limit, which is increasing from £85,000, will apply from December 1.

Economics