Pension tax relief worth more than £50bn should only be offered to savers who are prepared to invest in Britain, according to Andy Haldane, the president of the British Chambers of Commerce.
CACEIS UK, an asset servicing bank, has been censured by the FCA and will make a £31.7m voluntary payment to WealthTek clients for failing to act on information that left clients exposed to the risk of financial crime.
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Forty years since Marks & Spencer started selling cans of gin and tonic, every supermarket and corner shop is full of ready-mixed mojitos, margaritas and negronis. Why are these so acceptable, given the moral panic over…
The UK government will halve the amount of tariff-free steel imports allowed in an attempt to counter a global oversupply of cheap Chinese metal and boost its beleaguered local industry.
Today marks a major milestone in the modernisation of the UK's payments landscape, with the Retail Payments Infrastructure Board (RPIB) launching a consultation on the future design of the UK's next-generation retail pa…
The Governing Council of the European Central Bank (ECB) has decided today on the eligibility criteria and risk control framework to permanently integrate portfolios of non-financial corporate (NFC) credit claims into i…
With tourists buying up property and landlords opting for lucrative Airbnb rentals, young Cornish people are turning to old campervans to provide a roof over their heads
Andy Burnham should be ready to exploit the UK’s remaining North Sea oil and gas resources to avoid mass job losses in Scotland and the north-east, the director of the British Chambers of Commerce (BCC), Shevaun Havilan…
The results of the Federal Reserve Board's annual bank stress test confirmed that large banks are well positioned to weather a severe recession and able to continue to lend to households and businesses. Despite absorbin…
U.S. March NFP came in at 236,000 jobs versus a 240,000 estimate and unemployment edged to 3.5%, cutting the CME FedWatch odds of a May 25bp hike to about 50% from ~70% and pushing spot gold above $2,020 toward the $2,0…
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