Thames Water faces bondholder pressure amid default fallout April 26, 2024 Following the recent default by Kemble Water Finance, concern has rippled through the ranks of Thames Water's lenders.
Natwest shares jump after first quarter results as government continues to reduce stake April 26, 2024 Natwest profits slumped in the first quarter of the year but stayed ahead of market expectations as it shrugged off the worst of the mortgage downturn to expand its lending book.
Half-a-million UK firms ‘financially distressed’ and thousands face insolvency as they ‘pin hopes’ on rate cuts April 26, 2024 Nearly half a million UK businesses continue to face 'financial distress,' new research finds, with tens of thousands facing the possibility of insolvency within the next 12 months.
UK consumer confidence edges up after stagnant start to year April 26, 2024 UK consumer confidence improved by two points in April, after laying stagnant in March.
It’s time to revisit Bank of England independence April 26, 2024 Independence should not mean the Bank of England is shielded from government scrutiny and accountability to the public, says Damian Pudner Last week, a striking disclosure by former prime minister Liz Truss reignited the debate on the delicate balance between political authority and the operational independence of central banks – a topic with profound implications [...]
US economy disappoints in first quarter of 2024 as growth slows far more than expected April 25, 2024 The US economy slowed far more than expected in the first quarter of the year as its gross domestic product (GDP) endured the influence of stubborn inflation and high interest rates.
Rachel Reeves: Labour will be ‘most pro-business government this country has seen’ April 25, 2024 Speaking to the Times, Reeves promised that business groups would be "in the room" to ensure Labour met its "mission" to make the UK the fastest growing economy in the G7.
Barclays shares hit two-year high after profit beats estimates, but investment bank struggles April 25, 2024 Barclays has reported an 11 per cent drop in profit - slightly outperforming analysts' estimates - as the boost from higher interest rates fades and its investment bank struggles to compete with its Wall Street rivals.
John Neal: Why Lloyd’s of London ‘had to change’ April 25, 2024 John Neal has pushed Lloyd's of London through a major modernisation effort since 2018 as the City faces fears over its future
Ed Warner: How do we value sport and the draw of much needed money April 25, 2024 After World Athletics announced it would be paying its Olympic gold medallists, a fresh debate has opened up around money for our athletes and the draw of cash in sport for bodies. Ed Warner writes. The British Olympic Association seats its gold medallists in the front of the plane carrying its team home from a [...]