UK's FTSE 100 slipped on Wednesday, lagging other regional markets in Europe after hawkish comments from the Bank of England Governor Andrew Bailey, while insurance heavyweights Aviva and Prudential ...

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LME Wins Nickel Crisis Case as UK Rules Against Elliott

The London Metal Exchange won a UK court challenge by Elliott Investment Management over its controversial decision to halt a runaway short squeeze in the nickel market last year, removing one of the ...

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Sticky inflation could keep interest rates high into 2025 in eurozone and UK, warns OECD

Central banks in western Europe may need to keep interest rates at high levels until 2025 — much longer than financial markets are expecting — to guard against stubborn inflationary pressures, the ...

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Blow for Rishi Sunak as UK to have second-slowest growth in G7

The Organisation for Economic Co-operation and Development has slashed its economic growth forecast for the UK, while increasing its expected inflation rate ...

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UK regulator to force investment advisers to set aside buffer for redress claims

The UK’s top financial regulator has unveiled proposals for investment advisers to be forced to set aside money to deal with the cost of potential redress schemes, ensuring the “polluter pays” when ...

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