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      Andrew Bailey sends warning as officials say interest rate hikes ‘increasingly likely’

      Bank of England Governor Andrew Bailey has suggested financial markets could crash if sovereign debt levels continue to spiral.

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      Two countries, one holiday: Turkey’s glitzy Bodrum and Greece’s unbuttoned Kos

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David postings

  • ‘Twenty years of caution’: Banking industry ramps up efforts to fix ‘anaemic’ UK growth

    Banking

    The UK’s industry body for banking has stepped up its lobbying efforts for the government to improve “anaemic” growth figures and bolster the financial services sector. A new report published by UK Finance – the body representing around 300 firms that provide UK banking services – has issued a nine-point plan, which calls for “clear [...]

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  • UK Finance warns tech giants to step up in Britain’s fraud fight

    UK Finance has delivered its most forceful warning yet to the world’s biggest tech platforms, with chief executive David Postings calling on Silicon Valley to “grasp the scale of the crisis” and do far more to stop fraud spreading across their networks. Speaking at the Economic Crime Congress 2025, Postings said the UK is now [...]

    City economists have warned that the triple lock pension is unsustainable and unaffordable given the state of the UK's public finances.

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