Politics
Healey’s budget paves way for ‘brutal’ spending review next year, warns IFS
Thinktank says chancellor has given himself a mountain to climb after ducking big decisions in low-key speech
Politics
Politics
'Painful' years ahead, think tanks warn, as living standards set to fall
People are facing a "painful" and "depressing" few years ahead, economic think tanks have warned, after forecasts showed growth in living standards grinding almost to a halt.
Politics
Minutes of the Meeting of the Court of Directors held on 17 September 2026
David Roberts, Chair Andrew Bailey, Governor Katharine Braddick, Deputy Governor – Prudential Regulation Sarah Breeden, Deputy Governor – Financial Stability Clare Lombardelli, Deputy Governor - Monetary Policy Sir Dave…
Politics
‘I earn £126,000 – but nothing’s left at the end of the month’: readers react to the budget
Louie, 24, a chef living in London, says a lot of people have “written off the idea of even considering getting a property” in their 20s.
Politics
Bank of England sets out approach to tokenised collateral in central clearing
The Bank of England has today launched a consultation supporting central counterparties (CCPs) acceptance of tokenised forms of eligible collateral.
Politics
ECB President Lagarde to step down on 7 February 2027
European Central Bank President Christine Lagarde today informed the Governing Council and the President of the European Council António Costa that she will step down from her position on 7 February 2027.
Politics
Treasury will not commit to reducing welfare bill before next election
The Treasury is disputing that Chancellor John Healey suggested to the BBC that the benefits bill will be cut before the next general election.
Politics
FCA encourages former Verus Financial Services Limited customers to check if they can claim with FSCS
Compensation may be available to former Verus customers through the Financial Services Compensation Scheme (FSCS), subject to assessment.
Politics
Europe’s central bank chief Christine Lagarde to step down nine months early
Christine Lagarde, the eurozone’s top central banker, is stepping down nine months early, ending months of speculation about her future.
Politics
What does 'fair value' look like in practice? Three years into the Consumer Duty, here’s what we’ve learned.
Fair value is a simple yet important principle at the heart of the Consumer Duty: the price customers pay should be reasonable, relative to the benefits they get. But applying that principle in practice requires judgeme…
Politics
Vance reaches out to Iran security official on peace talks- WSJ
Vice President JD Vance is engaging one of Iran’s most powerful hard-liners to revive peace negotiations even as President Trump threatens to restart the war after next week’s midterm elections, U.S. officials and peopl…
Politics
Chancellor says government has 'moral duty' to help young people out of work
Chancellor John Healey has pledged a reduction in the welfare bill ahead of the next general election, in an interview with BBC Radio 4's Today programme.
Politics
Will the budget deliver ‘growth in every postcode’?
In just two years, there could be dozens of mayors preparing to spend billions of pounds as part of Andy Burnham’s mission to devolve greater powers across England.
Politics
What we now know about the UK economy in four charts
The Office for Budget Responsibility says higher energy prices will impact everything from prices and living standards to economic growth.
Politics
Federal Reserve issues FOMC statement
The Federal Open Market Committee approved the following statement for release by a 10 â 2 vote:
Politics
What you need to know about Your First Home scheme for first-time buyers
Chancellor fleshes out details of scheme unveiled last month to help 70,000 households on to the property ladder
Politics
Fed’s Warsh to attend AI productivity task force hearing in November
Federal Reserve Chair Kevin Warsh said he intends to attend a November 16 field hearing of the central bank's productivity and jobs task force in the San Francisco Bay Area, according to Reuters. The hearing, announced …
Politics
Budget 2026: Healey hikes taxes on banks and landlords to fund £100 handouts to 20m households
Few surprises as chancellor uses low-key speech blaming ‘global economic storms’ for stoking energy prices and cost of living crisis
Politics
Fed holds rates steady as expected, though two policymakers prefer 25 bps hike
The Federal Reserve on Wednesday approved its first interest rate hike in more than three years and indicated another is to come, as part of an effort aimed at combating inflation brought on by spiraling oil prices and …
Politics
Healey gives households £100 to help navigate ‘global economic storms’
Payments to 20m homes part of package to cut energy bills and ease cost of living crisis, paid for by bank windfall tax
Politics
Tax thresholds remain unchanged - here's what it means for your pay
Income tax thresholds, which have been frozen under successive chancellors, will stay at current levels until April 2031 as planned. But after that they are expected to start to rise again with inflation.
Politics
What is happening with US interest rates?
The Federal Reserve's interest rate decisions affect everything from mortgages to car loans
Politics
Budget 2026: what it means for your wallet, your mortgage and your pay
How the chancellor’s measures on tax, benefits and pensions will affect your personal finances
Politics
Dharshini David: Healey buys himself some time, but big questions still unanswered
The chancellor talked of charting a new course for Britain, but the impact of Iran war has limited his options.