The BoE is also grappling with sagging UK business confidence and surveys point to corporate redundancies. Data suggests the UK economy probably failed to grow in the final months of 2024.

The group of roughly six to 10 people will focus on the modelling and simulation of market-wide stress scenarios, Risk.net has learned. The team will work initially on building agent-based models – ...

Britain blindsided the European Union just before Trump took office by parking a host of banking reforms — and directly ...

The unprecedented movement of gold and silver from London to New York continued to create uncertainty in the bullion markets ...

The Bank of England is expected to cut interest rates from 4.75% to 4.5% next week in a move that could have wide-reaching ...

Besides imposing 25% tariff on Canadian imports to the US today (1 February), Donald Trump has also imposed 25% tariff on Mexico and 10% tariff on China after taking office ...

The price of gold hit new highs above $2,800 per ounce on the last day of January amid uncertainties about trade and tariffs ...

After a flurry of AI-related papers from the previous UK Conservative government and regulators in 2023 and the first half of ...

As financial crime risks evolve, including those risks posed by the use of AI and other emerging technologies, so too must ...

The New England Fishery Management Council (NEFMC) claims there has been a breakdown in its scientific support system, ...

The Fed left interest rates on hold at its January meeting and signaled that it was in no hurry to cut rates further. U.S. money markets currently price in just under two 25 basis-point rate cuts this ...

ING is looking for three further cuts later this year, but a shaky jobs market and the prospect of lower services inflation risks pushing the BoE into more aggressive moves. Click to read.