HSBC UK Bank, announced on Monday that it has agreed to acquire Silicon Valley Bank U.K. (SVB) …
Bank of England (BOE)
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BanksInternational NewsNews
BOE faces critical policy decision with pound reach its lowest level
by Nada Aliby Nada AliThe Bank of England’s (BOE) governor Andrew Bailey has reiterated his commitment to reining the inflation, but …
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BanksFeatureFinancial InstitutionsInternational NewsNews
ECB to start discussion on shrinking its balance sheet earlier on October – report
by Nada Aliby Nada AliThe European Central Bank (ECB) agreed to start discussions on shrinking its balance sheet in early October, …
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UK will name its new prime minister on Monday following a hard and bitter competition for leadership …
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International NewsMoneyNewsReal Estate
UK house price surges – Nationwide says
by Nada Aliby Nada AliUK house average price stands at £273,751 ($316,487) up from £271,209 in July as it represents an …
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BanksEditors' PicksFinancial InstitutionsInternational NewsMoneyNews
UK economy to enter recession in fourth quarter, Goldman Sachs says
by Nada Aliby Nada AliUK economy will go into stagnation later this year, with the risk that it could turn out …
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International NewsNews
UK’s prime minister first runner would review 3 financial regulatory – source
by Nada Aliby Nada AliLiz Truss the prime candidate to become Britain’s next prime minister wants to examine the roles of …
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BanksInternational NewsNews
UK inflation hits 9.4% in June, seen at 13% in Oct.
by Nada Aliby Nada AliUK inflation increased to 9.4 percent in June and the Bank of England (BOE) said inflation will …
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BanksFeatureInternational NewsMoneyNews
Bank of England unveils largest interest rate hike in 27 years
by Yomna Yasserby Yomna YasserThe Bank of England has on Thursday raised interest rates by 50 basis points, its largest single …
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Dollar prices hovered near an 11-month high against a basket of currencies on Thursday, supported by a …