China will appoint financial veteran Liu Guiping as chairman of Bank of China , the nation's fourth largest state-owned bank, two sources with knowledge of the matter said.

Consumer confidence is on the up as the UK economy begins to improve and tensions in the US-China trade war ease off, a new ...

Inflation in the United Kingdom rose more than expected to reach a 15-month high of 3.5 percent in April, fuelled by higher ...

British Steel was also a target. Sold in 2019, it is now owned by a private company, Jingye, which in April 2025 moved to ...

The FTSE 100 (^FTSE) and European stocks got off to a lacklustre start on Wednesday as UK inflation rose more sharply than ...

Typically, high interest rates are used as a method to drag on spending demand and therefore bring down inflation. The higher-than-forecast inflation figures may therefore see the Bank of England act ...

European stocks were mostly down on Wednesday following a jump in U.K. inflation and the European Central Bank warning that policy uncertainty is putting the financial system at risk. The U.K.'s ...

Reeves defends ‘necessary’ winter fuel payment cuts amid speculation over U-turn - Senior government figures are in talks about whether to U-turn on the chancellor’s winter fuel cuts within weeks ...

The Reserve Bank chooses its words carefully. In its most recent economic outlook, it used the word “uncertain” much more ...

Part 1 of this two-part series looked at the factors which may make a new financial crisis inevitable. Part 2 looks at the ...

America’s jittery bond market risks facing a mini-Budget style meltdown as investors grow nervous over the surging US deficit ...

The exit of crisis-era bailouts picked up as bank stocks rallied on the back of higher interest rates, but some governments have taken different approaches to reduce their holdings. EU Moves Forward ...