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The Latest Breaking News from Finance

Ex-banker And Scholz Ally: Germany's New Finance Minister

Joerg Kukies, Germany's new finance minister, is a former investment banker who has long been one of Chancellor Olaf Scholz's closest advisers, most recently as a state secretary.

International Business Times

German Government Coalition Collapses After Finance Minister's Firing

German Chancellor Scholz faces coalition crisis after firing Finance Minister Lindner, leading to resignations and potential early election.

Top News

German coalition on brink after Chancellor Scholz fires finance minister

German government in disarray as Europe prepares for a Trump presidency in the new year

Evening Standard

Low ambition and incoherent targets from banks put net zero at risk – analysis

ShareAction analysed targets for emissions from financing high-impact activities and for increasing sustainable finance at Europe’s 20 biggest banks.

Evening Standard

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Treasury must fully fund public sector tax increase, insists Robison

Chancellor Rachel Reeves’s Budget included a hike in employers’ national insurance contributions.

Evening Standard

Scottish Government gives cautious welcome to Labour Budget

THE Scottish Government has given a cautious welcome to spending pledges in the Budget.

The National (Scotland)

Green light for Causeway Coast and Mid South West deals welcomed

Funding for the deals had been paused earlier this year.

The Independent UK

SNP 'must show they can be trusted' for Greens to back Budget, Patrick Harvie says

THE SNP must show they can be trusted if they want the Greens to support their Scottish Budget, Patrick Harvie has said ...

The National (Scotland)

Lloyds finance chief says UK bank sector needs ‘competitive, stable’ tax regime

Finance chief William Chalmers said the bank would welcome a Budget that aligns with the Government’s ‘pro-growth agenda’.

Evening Standard

Coalition leaders agree to hold election in 2024

The Finance Bill will go to committee on November 5, a Government spokesperson said.

Evening Standard

No more money available for local government pay, says Robison

Schools in the constituency of Scotland’s First Minister, John Swinney, are closed due to strike action.

Evening Standard

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The Independent UK

More than £570m stolen by fraudsters in first half of 2024

Losses where people were tricked into transferring money decreased in the first half of this year, UK Finance said.

Al Jazeera

After 12 months of war, Israel is a changed state, analysts say

Year of conflict has strengthened the far right and emboldened an increasingly messianic leader, according to analysts.

The Conversation

Social investment is back – and so are the risks of using data to target disadvantage

With the recent establishment of a new Social Investment Agency – described as a “driving project” for the government by Finance Minister Nicola Willis – it seems New Zealand has come full circle on this approach to social welfare.

The Conversation

Tito Mboweni: South African Minister and Reserve Bank governor who drove significant economic reforms

Tito Mboweni, former South African Reserve Bank Governor, Minister of Finance, and Minister of Labour was arguably one of the country’s most consequential economic policymakers and drove several significant economic reforms.

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The National (Scotland)

SNP 'need to check dictionary definition of austerity,' Scottish Labour MP claims

THERE is “no austerity underway” under the Labour Government, a UK minister has claimed ...

The Independent UK

China's finance minister says there is room for more economic stimulus but offers no plan

China's finance minister says the government is looking at additional ways to boost the economy, but he didn't unveil a major new stimulus plan at a news conference Saturday

The Independent UK

‘Major step forward’ for bank transfer fraud victims as new refund rules launch

The new scheme should ensure the vast majority of victims are reimbursed and treated in a fair and consistent way, consumer group Which? said.

Roll Call

Filibuster’s future, emergency abortions fuel Senate debate - Roll Call

During day of Senate debate, Republicans say emergency abortion care is being denied largely because of misinformation.

The Conversation

New mortgage rules aim to make home ownership more attainable — will they deliver?

In a bid to address Canada’s housing crisis, Deputy Prime Minister and Finance Minister Chrystia Freeland announced new changes to mortgage rules on Sept. 16, set to take effect in December, aimed at making housing more affordable.

International Business Times

France's New PM Warns Of 'Very Serious' Financial Situation

France's budgetary situation is "very serious", Prime Minister Michel Barnier told AFP on Wednesday, saying more information was needed to gauge the "precise reality" of French public finances.

The National (Scotland)

Four key things the SNP could do instead of cutting £500m from public services

SNP ministers have said they have "no choice" but to replicate Westminster cuts in Scotland – but there is always space to do things…

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