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The Latest Breaking News from ECB

Varadkar urges Irish banks to raise savings rates after ECB interest rate hike

Taoiseach Leo Varadkar said banks should not be increasing mortgage rates if they were not also going to increase savings rates.

The Independent UK

Janet Yellen: US banking system is ‘sound’ despite two collapses in a week

Treasury secretary attempts to reassure nervous investors that emergency measure succeeded and bank deposits ‘will be there’

The Guardian - US

ECB raises eurozone interest rate despite banking sector fears

Concerns half-point could set off domino effect across financial industry knocked by Credit Suisse crisis

The Guardian - UK

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ECB puts inflation first as it raises rates by 0.5%

The Eurozone central bank defies predictions that it would slow the pace of rate rises after Credit Suisse crisis

Evening Standard

European stocks rebound as Credit Suisse grabs lifeline

LONDON: European stock markets rebounded slightly on Thursday after troubled banking giant Credit Suisse secured a big financial lifeline and before a crucial interest-rate decision by the European Central Bank.

Bangkok Post

ECB faces dilemma over interest rate rise amid Credit Suisse crisis

European Central Bank could opt for a smaller increase as concerns spread over health of banking system

The Guardian - UK

Bank turmoil casts shadow over Europe interest rate decision

Concerns about the world's banks are casting a shadow over the European Central Bank's meeting

The Independent UK

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ECB’s Lagarde insists banks much stronger than in 2008 after raising interest rates despite Credit Suisse turmoil – as it happened

ECB presses on with 0.5 point increase in eurozone interest rates, and says it stands ready to respond to market turmoil

The Guardian - UK

Credit Suisse takes $54bn loan from Swiss central bank after share price plunge

After largest shareholder was unable to provide backing, Europe’s 17th largest lender says it will use government help to become ‘simpler and more focused’

The Guardian - AU

Tamim Iqbal reflects on England's "special" tour of Bangladesh after 2016 terror attack

Bangladesh's ODI captain Tamim Iqbal spoke to Mirror Sport about England's recent tour, and the importance of their last visit in 2016 in the wake of a terrorist attack

Daily Mirror

ECB deputy chairman Martin Darlow to become latest board member to stand down

Martin Darlow is reportedly set to be the latest member of the ECB board to leave his role amid a raft of changes at the sport's governing body in England

Daily Mirror

Are interest rates really going to keep rising sharply?

For anyone trying to understand where interest rates and inflation are heading, it has been a strenuous few days. Jay Powell, chairman of US central bank the Federal Reserve, warned senators he may have to do more to fight inflation than expected, indicating the prospect of interest rates rising more…

The Conversation

Robin Smith says ECB should have called an independent Yorkshire inquiry

The Azeem Rafiq case was heard last week.

The Independent UK

A Coinbase exec tried to tell a crowd of bankers that crypto is ‘the money of tomorrow’—and was immediately shot down by an ECB director onstage

Using the example of Bitcoin, he told audiences digital currency meets all of his benchmarks.

Fortune

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France 24

Childcare costs drive UK women out of workforce

The cost of childcare in the UK is among the highest in the world, and is driving many women to leave the workforce. Access to affordable childcare is a crucial element in addressing gender inequality. On International Women's Day, we also look at efforts to promote female entrepreneurs in the…

Daily Mirror

Michael Vaughan's legal team describe ECB racism investigation as "wholly inadequate"

Michael Vaughan's legal team gave closing submissions on Tuesday at the Cricket Discipline Commission hearing and took aim at the ECB, but the national governing body hit back

The Guardian - UK

Vaughan’s lawyers accuse ECB of ‘woefully inadequate’ investigation

The England and Wales Cricket board conducted a ‘woefully inadequate investigation’ into Michael Vaughan that was “an affront to fairness”, the final day of the Yorkshire racism hearing was told

The Independent UK

Shape of Michael Vaughan’s life and livelihood at stake at racism hearing, says lawyer

Former England captain Vaughan is accused by the ECB of making a racist comment to Azeem Rafiq and three other Yorkshire players in 2009

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The Independent UK

‘Inherently probable’ Michael Vaughan made racist comment, says lawyer

Vaughan has been charged over an alleged comment made before a Yorkshire match in 2009

The Independent UK

ECB lawyer says ‘you lot’ was ‘widely used’ phrase in Yorkshire dressing room

Charges against Andrew Gale and Richard Pyrah were heard on Tuesday at a CDC hearing into Azeem Rafiq’s racism allegations.

The Independent UK

Public hearing into Azeem Rafiq’s racism allegations set to resume

The Cricket Discipline Commission panel heard final submissions in private on Monday.

Fortune

'Inflation is a monster that we need to knock on the head': The chief of the European Central Bank says it must do more to bring down prices

“We will do whatever is needed to return inflation to 2%,” ECB President Christine Lagarde told the Spanish newspaper El Correo in a Sunday interview, referencing the central bank’s inflation target.

Daily Mirror

Michael Vaughan blasts cricket racism hearing as a "terrible look for the game"

Michael Vaughan appeared at the Cricket Discipline Commission on Friday, as the investigation into racism at Yorkshire and English county cricket continues following Azeem Rafiq's allegations

The Guardian - UK

Michael Vaughan denies using racist language: ‘That’s not what I am about’

The former England captain gave evidence to the Cricket Discipline Commission on a day when Azeem Rafiq was accused of playing ‘the race card’ by Matthew Wood

Daily Mirror

Michael Vaughan says it's "inconceivable" he made alleged racist comment to team-mates

Michael Vaughan has staunchly defended himself against racism allegations as he was called to give evidence on day three of the ECB's Cricket Discipline Commission hearing on Friday

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