UK's Reeves promises 'guardrails' around extra borrowing in budget
British finance minister Rachel Reeves said she will introduce "guardrails" to ensure that extra borrowing for investment in ...
JD Supra20h
APP fraud: Final draft payments delay SI and UK PSR policy statement on maximum reimbursement level
Just days before the 7 October go-live for the new Faster Payments System (FPS) and CHAPS mandatory reimbursement requirements, HM Treasury (HMT) ...
JD Supra20h
UK Supreme Court Upholds Anti-Suit Injunction in Support of French Arbitration
In UniCredit Bank GmbH v. RusChemAlliance LLC, the UK Supreme Court confirmed the general common law rule that a choice of governing law for ...
Money Metals Exchange20h
How France Secretly Repatriated All Its Gold Before Nixon's Dollar Devaluation
De Gaulle feared America’s deficit in its balance of payments would rupture Bretton Woods and lead to a devaluation of the ...
Impacts23h
The British Pound Look Vulnerable, Here is Why
The British Pound has been under pressure after comments from the Central Bank. Traders are now wondering if the bank really ...
Pensions&Investments1d
Brookfield, Carney targeted in attack by Canada Conservative
Brookfield Asset Management and Mark Carney have been targeted by a member of Canada’s Conservative Party who wants Canada’s ...
Bank of England's Pill urges rate cut caution after Bailey suggested faster pace
The Bank of England should move only gradually with cutting interest rates, Chief Economist Huw Pill said on Friday, a day ...
Car Dealer Magazine1d
Oct 4: ‘Aggressive’ interest rate cuts; OpenAI raises £5bn; New anti-fraud rules; Jolie’s Ferrari
Bank of England boss says ‘more aggressive’ rate cuts could be on the way Bank of England Governor Andrew Bailey has said ...
KFGO1d
Column-Central banks set for ‘forceful’ hyperactivity?: Mike Dolan
Sudden ebbs and flows of inflation without equivalent hits to economic output may be a feature of a post-pandemic world of fragile supply chains - potentially requiring more forceful and hyperactive ...
BOE's Pill Sees Need For Caution In Cutting Key Rate — Update
In a speech, Pill said inflation would only decline if the central bank continued to restrain households and businesses through its key interest rate. "While further cuts in [the] bank rate remain in ...
KFGO1d
BoE’s Pill urges caution on rate cuts after Bailey suggested faster pace
Bank of England Chief Economist Huw Pill said the British central bank should move only gradually with cutting interest rates ...
BOE’s Top Economist Cautions Against Cutting Rates ‘Too Far or Too Fast’
Bank of England Chief Economist Huw Pill warned against cutting interest rates “too far or too fast” as he set out his case ...