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The Bank of England has asked some lenders to test their resilience to potential U.S. dollar shocks, three sources said, the ...
After costly policy reversals by her boss and an unexpected shrinking of the economy, the last thing the Chancellor needed ...
In the UK, a sizable upward revision to May's payroll data, combined with hotter-than-expected inflation data, takes some of ...
Stanley Druckenmiller says he’s shorting U.S. bonds and staying out of China. Druckenmiller hasn’t said much lately about his ...
WORKERS’ pay across the UK has slowed as businesses face increased staffing costs making an interest rate cut “more likely”.
Britain's central bank lightened the capital requirements for medium-sized banks on Tuesday, as part of a wider set of ...
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The rate of annual inflation was 3.6% in June, up from 3.4% in May. Economists polled by The Wall Street Journal had expected ...
In one case, a global bank based in Britain was recently instructed to conduct internal stress tests that included scenarios ...
Bank of England Governor Andrew Bailey finds himself in a predicament: Wednesday’s CPI data for June at 3.6% showed inflation was much closer to the 4% at which he thinks consumers are sensitive to ...
Andrew Bailey has warned against “dangerous” US tariffs, urging governments around the world to address global trade ...
Mid-tier banks have long faced regulatory hurdles that hinder growth, especially the minimum requirements once a lender's ...
Andrew Bailey warned that 'tariffs creates the risk of fragmenting the world economy' in a speech on Tuesday evening.
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