The UK's Treasury Committee said the data showed a 'staggering scale of unanticipated income high street banks are bringing in' thanks to higher interest rates
The Bank of England set a date of March 2025 for local banks to establish operational resilience plans, Ant Group is using artificial intelligence to aid shopping, and more.
Temperatures are building this week with 20C (68F) highs expected for the South of England again today after yesterday - before 22C (72F) could follow tomorrow, but showers will continue.
Gordon Brown made the Bank of England independent, as everyone thinks they know. Truth is it was a very limited independence. He did it give it the sole power to settle the Base rate of interest. This is done by an independent Monetary…
Taxpayers will cover £85bn of losses made by the Bank of England on its quantitative easing programme which began during the global financial crisis, according to the latest estimates.
Moving to an electric vehicle could help motorists save as much as £1,800 a year as petrol and diesel costs continue to soar amid the Cost of Living crisis.
The Bank of England's chief economist Huw Pill has said that interest rate cuts are "somewhat closer" than they were last month, but warned that the economic outlook has "not changed substantially"
The FTSE 100 hit a new all-time high on Tuesday, but fell back after a hint from the Bank of England's chief economist that rate cuts may be further off than some analysts had initially hoped