Category: Banking

‘There’s a risk of another Liz Truss moment’: City raises spectre of bond market meltdown again

As Keir Starmer’s leadership totters, investors warn a Labour leadership contest ignoring public finances and market realpolitik could be disastrousA rise in borrowing costs and warnings to avoid a “Liz Truss...

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Reinstate windfall tax on banks after surge in profits, TUC urges

Unions group wants rate returned from 3% to 8% after big four UK lenders reveal £14bn total profit in first quarter An increased windfall tax should be imposed on the UK’s largest banks according to trade union...

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City firms bank on ‘savvy’ advertising campaign to push Brits towards investing

The campaign, fronted by a CGI squirrel, is part of government initiative to boost financial risk taking, amid fears UK growth is being stymiedNils Pratley: the ‘Savvy Squirrel looks a hit too tame’City firms are...

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Anas Sarwar says Starmer welcome to campaign for Labour in Scotland, days after after urging him to resign – UK politics live

Two days ago, the Scottish Labour leader said he wanted the prime minister to avoid Scotland during the election campaign because of his deep unpopularity with votersFamilies of nurses and carers have said they fear being torn...

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No 10 ducks questions about whether Doyle controversy could result in his peerage being removed – UK politics live

Matthew Doyle, who stepped down as the No 10 head of communications last March, had the whip removed on MondayFamilies of nurses and carers have said they fear being torn apart under an immigration crackdown condemned as...

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PM says aide linked to sex offender ‘did not give full account of his actions’ before he was made peer – UK politics live

Matthew Doyle, who stepped down as the No 10 head of communications last March, had the whip removed on MondayFamilies of nurses and carers have said they fear being torn apart under an immigration crackdown condemned as...

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Lib Dems urge FCA to investigate Peter Mandelson over potential insider trading

Exclusive: Daisy Cooper says ex-minister could have ‘abused trading laws’ when sharing state information with Jeffrey EpsteinThe Liberal Democrats have urged the UK’s financial regulator to immediately...

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Barclays reportedly cuts ties with lobbying firm co-founded by Peter Mandelson

Vodafone also reviewing its contract with Global Counsel after revelations of former minister’s links to Jeffrey EpsteinBarclays has reportedly cut its ties with the lobbying firm co-founded by Peter Mandelson, after...

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Dubai’s potent lure: the reality behind the real-estate frenzy

Bankers and billionaires are flocking to the city where income tax is zero but critics say it ignores money laundering – and pay disparities are huge Business live – latest updatesAidan Doyle was an estate agent in...

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