UK-based Lloyd's Register apologises for its historic role in slavery
British maritime services firm Lloyd's Register apologised on Wednesday for its role in enslaving Africans in the 18th and ...
UK pay awards lowest since 2021 as firms curb pay plans, survey shows
Growth in pay settlements by British employers fell sharply late last year and is expected to cool further in 2025, according ...
Bank of England: Goldman Sachs expects deep interest rate cuts
Markets are significantly underestimating the chance that the Bank of England will have to step up the pace of cutting ...
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Bank of England says it is open to pro-growth bank reforms
The Bank of England (BoE) is open to discussions with Britain's government about new ways to help boost economic growth by ...
MPs back Bill to prevent taxpayers being ‘on the hook for small bank failures’
A Bill that will prevent taxpayers being “on the hook for small bank failures” has moved closer to becoming law. Treasury ...
Spending cuts risk ‘doom loop’, ex-Bank of England economist warns
Andy Haldane warned cutting government spending would be harmful for the UK’s longer term fiscal position, because it would ...
Terry Newman: Mark Carney's long, deceitful quest for Liberal crown
After prematurely and precipitously exiting his Bank of Canada post, the long-awaited “perfect alternative to Justin Trudeau” ...
Fresh blow for Rachel Reeves as she woos Davos: Government borrowing soared to £17.8bn in December - a four-year high - after Labour's spending splurge
As Rachel Reeves woos the business elite in Davos, official figures showed the public sector racking up another £17.8bn of ...
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Brookfield Chair Leaves Firm To Run For Canadian Prime Minister
Mark Carney, the chair of Brookfield Asset Management’s board of governors, is leaving the firm to chase a role as the head ...
Rachel Reeves leading economy to 'doomed loop' as borrowing soars in fresh blow
Rachel Reeves was warned the economy could enter a “doomed loop” after borrowing surged to a new high in a fresh blow to the ...
Bank of England to slash rates much faster than markets expect, Goldman Sachs says
The US investment bank said that sterling interest rate markets were "significantly underestimating" the extent to which the ...
Rachel Reeves risks economic 'doom loop', ex-Bank of England chief economist warns
Andy Haldane, who was with the Bank for 32 years until 2021, said the Office for Budget Responsibility's (OBR) forecast in March could lead to less investment and spending.