Major bank with nearly 2million customers to HIKE credit card interest rates in weeks despite borrowing costs falling
A MAJOR bank with nearly two million customers is hiking credit card fees in weeks. This move comes despite a drop in ...
Barclays, Santander and HSBC accused over low savings rates and bumper profits
UK banking giants are paying an average of just 1.42 percent on their easy access accounts - far below the market average of ...
8 money changes coming in February 2025 from major eBay shake-up to alcohol price hike
Mirror Money rounds up all the financial changes coming up in February 2025, including an Ofgem energy price cap update and changes to alcohol tax ...
Weekly U.K. Gilt Yield And Pound Sterling Simulation, Jan. 24, 2025: Most Likely Range For Short Rate In 10 Years Up One Percentage Point
Pricing for short- and long-dated European and American options to buy Pounds vs. U.S. dollars at a strike price of 1.2500 for quarterly maturities out to 20 years is shown below. Note that the data ...
Bank of England launches tool to calm gilt market in times of distress
The Bank of England launched on Tuesday a new financial stability tool that insurers and pension funds can use during periods ...
BoE opens contingent non-bank lending facility for applications
The Bank of England said on Tuesday it had opened the Contingent Non-Bank Financial Institution Repo Facility for ...
What the looming federal election could mean for the Bank of Canada’s independence
The Bank of Canada’s independence could be tested as Mark Carney, former governor of both the Bank of Canada and the Bank of ...
BOE Eyes Certain Prime Brokerage Practices at Largest Banks
The Bank of England is planning to investigate how banks measure their exposures within their prime brokerage divisions after ...
Pensions&Investments7h
BOE launches new emergency lending facility for pension funds
The Bank of England opened applications to its new repo facility, designed to provide emergency cash to financial firms ...
Remember the U.K. debt crisis under Liz Truss? Bank of England now has a formal process to handle it.
The Bank of England on Tuesday announced a new emergency measure to deal with debt-market instability like that seen during Liz Truss’s brief tenure as prime minister in 2022.
Morgan Stanley: Bank of England to cut interest rates five times in 2025
The US investment bank slashed its growth forecasts on Monday, citing both the lingering impact of the Bank's monetary ...
Bank of England to cut rates five times in 2025, says Morgan Stanley
The US investment bank slashed its growth forecasts on Monday, citing both the lingering impact of the Bank’s monetary ...