The Latest Breaking News on Financial Services

THE Bank of England has been forced to intervene in an attempt to avoid a full-blown financial crisis after Liz Truss’s government announced…

The Treasury has said the Government will continue to 'work closely' with the Bank of England after the move was announced

The bank is taking action to protect the economy

Bank of England takes urgent steps to buy long-dated UK government bonds

The UK's central bank said it is trying to get a grip on the country's worsening financial situation by buying up bonds in an attempt to bring down soaring interest rates

Central bank tries to stave off ‘material risk to UK financial stability’

While the Indian rupee has continued to hit record lows, editorials by prominent English dailies have differed on the role played by the Reserve Bank of India.

Bank’s emergency move brings relief to bond market, but fails to stabilise UK currency

Depositors scuffled and long lines formed at Lebanese banks Monday as they partially reopened after a week-long closure following a slew of heists by customers desperate to access their money. But most banks remained shut, welcoming only a handful of depositors on appointment, and there was anger from those seeking…

Huw Pill warned borrowers to brace themselves for a “significant” rate hike after lenders Santander and HSBC, along with the Nationwide and Yorkshire building societies, joined a rush of lenders to pull home loans or up their rates

It was closed due to a drop in footfall since the pandemic