FCA stops HTX's crypto promotions
The FCA has secured High Court undertakings to ensure that HTX (formerly Huobi), a global crypto exchange, will not knowingly promote cryptoasset services unlawfully to UK consumers.
News
Poundland on brink of administration, with 12,000 jobs at risk
The owner of Poundland has said it is preparing to appoint administrators, putting up to 12,000 jobs at risk at the retail chain across the UK and Ireland.
Treasury will not commit to reducing welfare bill before next election
The Treasury is disputing that Chancellor John Healey suggested to the BBC that the benefits bill will be cut before the next general election.
FCA encourages former Verus Financial Services Limited customers to check if they can claim with FSCS
Compensation may be available to former Verus customers through the Financial Services Compensation Scheme (FSCS), subject to assessment.
Bank of England sets out approach to tokenised collateral in central clearing
The Bank of England has today launched a consultation supporting central counterparties (CCPs) acceptance of tokenised forms of eligible collateral.
What does 'fair value' look like in practice? Three years into the Consumer Duty, here’s what we’ve learned.
Fair value is a simple yet important principle at the heart of the Consumer Duty: the price customers pay should be reasonable, relative to the benefits they get. But applying that principle in practice requires judgeme…
ECB President Lagarde to step down on 7 February 2027
European Central Bank President Christine Lagarde today informed the Governing Council and the President of the European Council António Costa that she will step down from her position on 7 February 2027.
‘I earn £126,000 – but nothing’s left at the end of the month’: readers react to the budget
Louie, 24, a chef living in London, says a lot of people have “written off the idea of even considering getting a property” in their 20s.
Will the budget deliver ‘growth in every postcode’?
In just two years, there could be dozens of mayors preparing to spend billions of pounds as part of Andy Burnham’s mission to devolve greater powers across England.
Chancellor says government has 'moral duty' to help young people out of work
Chancellor John Healey has pledged a reduction in the welfare bill ahead of the next general election, in an interview with BBC Radio 4's Today programme.
Vance reaches out to Iran security official on peace talks- WSJ
Vice President JD Vance is engaging one of Iran’s most powerful hard-liners to revive peace negotiations even as President Trump threatens to restart the war after next week’s midterm elections, U.S. officials and peopl…
What we now know about the UK economy in four charts
The Office for Budget Responsibility says higher energy prices will impact everything from prices and living standards to economic growth.
Fed’s Warsh to attend AI productivity task force hearing in November
Federal Reserve Chair Kevin Warsh said he intends to attend a November 16 field hearing of the central bank's productivity and jobs task force in the San Francisco Bay Area, according to Reuters. The hearing, announced …
Fed holds rates steady as expected, though two policymakers prefer 25 bps hike
The Federal Reserve on Wednesday approved its first interest rate hike in more than three years and indicated another is to come, as part of an effort aimed at combating inflation brought on by spiraling oil prices and …
Federal Reserve issues FOMC statement
The Federal Open Market Committee approved the following statement for release by a 10 â 2 vote:
Tax thresholds remain unchanged - here's what it means for your pay
Income tax thresholds, which have been frozen under successive chancellors, will stay at current levels until April 2031 as planned. But after that they are expected to start to rise again with inflation.
Budget 2026: what it means for your wallet, your mortgage and your pay
How the chancellor’s measures on tax, benefits and pensions will affect your personal finances
What you need to know about Your First Home scheme for first-time buyers
Chancellor fleshes out details of scheme unveiled last month to help 70,000 households on to the property ladder
‘A pretty grim picture’: outlook for UK living standards slashed despite Healey’s budget
OBR cautions about Middle East war dragging down growth and triggering a fresh cost of living crisis
What is happening with US interest rates?
The Federal Reserve's interest rate decisions affect everything from mortgages to car loans
Dharshini David: Healey buys himself some time, but big questions still unanswered
The chancellor talked of charting a new course for Britain, but the impact of Iran war has limited his options.
Remit for the Monetary Policy Committee - October 2026
Good morning. There was a time when Bank of England interest rate announcements passed (most of us) by entirely unnoticed. A small rise here; a minor dip there: until May 2022, rates hadn’t climbed above 1% for 13 years.
Business secretary writes to Poundland owner as administration fears build
Jonathan Reynolds has written to Gordon Brothers, which bought retailer for £1 last summer, to ‘establish the facts’
Chancellor begins to deliver his first Budget
The chancellor begins his speech by calling it a Budget for the "working people of Britain, for British businesses big and small."