The Bank of England faces a knife-edge decision on whether interest rates will be raised again. The announcement will be made at midday on Thursday, with investors split over whether rates will increase following an unexpected fall in inflation. Only half of
Israeli military operations in the occupied West Bank and unrest in the Gaza Strip have killed six Palestinians, Palestinian health officials said Wednesday, the latest spike in a wave of violence that has roiled the region for more than a year. At
Customers of one of France’s biggest banks are being told to back Britain and move their money ‘out of the eurozone’, in the latest embarrassment for Emmanuel Macron. BNP Paribas, a French multinational bank, is insisting that the British economy is performing
Barclays could cut as many as 400 jobs in its domestic retail business, according to the reports. They quote sources who claim the bank is trimming its costs as part of a wider strategy review. Barclays is also planning investment bank cuts as
Japan’s financial regulator will closely monitor how central bank policy impacts regional banks, as the world’s third-largest economy approaches the normalisation of its monetary settings after years of massive easing. The Financial Services Agency (FSA) “will monitor how potential changes in the
The Rail, Maritime and Transport (RMT) union has been blasted for staging a “cynical” strike that will disrupt rail services today (Saturday, August 26) during the busy bank holiday weekend. Around 20,000 members of the Rail, Maritime and Transport (RMT) union at 14
Much of the country will be dry and bright today with sunny spells, but as we head into the Bank Holiday temperatures are set to drop – with chances of heavy rain in some parts of the UK. Southeast England will be
The bank robbery and hostage situation that led to the coining of the term “Stockholm syndrome” began on this day in history, Aug. 23, 1973. On that date, Jan-Erik Olsson, an escaped prisoner who was sentenced to three years in prison for
A suspected Palestinian assailant carried out a deadly attack in the southern part of the occupied West Bank on Monday, leaving an Israeli woman dead and a man severely injured. This recent flare-up of violence reflects the heightened tensions involving Palestinian militants,
Liz Truss, Britain’s shortest-serving Prime Minister, was turned down for a bank account from Monzo during the Tory Party leadership contest she eventually won because she was judged to be a politically exposed person (PEP), insiders have claimed. Sources close to Ms Truss