The Latest Breaking News on Financial Services

Chancellor moves to reassure markets after his 'mini-budget' on Friday sent Sterling to an all-time low against the Dollar

The Bank of England on Wednesday made an emergency intervention to protect Britain’s “financial stability” after Kwasi Kwarteng’s shock mini-Budget.

Bank of England takes urgent steps to buy long-dated UK government bonds

The UK's central bank said it is trying to get a grip on the country's worsening financial situation by buying up bonds in an attempt to bring down soaring interest rates

Central bank tries to stave off ‘material risk to UK financial stability’

While the Indian rupee has continued to hit record lows, editorials by prominent English dailies have differed on the role played by the Reserve Bank of India.

Bank’s emergency move brings relief to bond market, but fails to stabilise UK currency

Depositors scuffled and long lines formed at Lebanese banks Monday as they partially reopened after a week-long closure following a slew of heists by customers desperate to access their money. But most banks remained shut, welcoming only a handful of depositors on appointment, and there was anger from those seeking…

Huw Pill warned borrowers to brace themselves for a “significant” rate hike after lenders Santander and HSBC, along with the Nationwide and Yorkshire building societies, joined a rush of lenders to pull home loans or up their rates