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 ...
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 ...
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 ...
Rachel Reeves leading economy to 'doom 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 ...
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 ...
Rachel Reeves is urged to avoid a 'doomed loop' of spending cuts after government borrowing soared to £17.8bn in December - a four-year high
Borrowing - the shortfall between tax revenues and spending - hit £17.8 billion in December, £10.1 billion up on last year ...
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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 ...
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 ...
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.
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British Business Bank marks a decade of transformative impact on the economy and smaller businesses across the North West
Since it was established in 2014, the British Business Bank has delivered funding to over 24,000 smaller businesses across ...
Freeland Intends to Repeal Canada's Capital-Gains Tax Increase -- Update
OTTAWA--Former Canadian finance minister Chrystia Freeland, who's vying to be the next leader of the Liberal Party and the country's prime minister, plans to repeal an increase in the capital-gains ...