UK
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It's hard to see the newly installed politicians in the UK backing down so soon in the job. So far they have been utterly deaf to criticism. Instead, it is likely the Bank will have to give away further ground. Bad for the Bank, and ultimately bad for the UK economy -
Scrapping the cap will not help attract talent, say City bankers, who also fear ending up with less overall pay
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As the Treasury’s radical mini-budget weakens confidence in the UK economy, markets see little benefit in an ideological approach to financial regulation
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Supercar maker prices deal despite 72% plunge in share price this year
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A small block trade priced on Monday night amid carnage in UK markets
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The food and agri company is aiming for about $500m and has called on banks to submit IPO proposals
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Yields on UK Gilts widened by 50bp for a second consecutive day
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The move is the latest in a string of high profile sustainability appointments across the City
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Real estate investment trust cancels plans to buy stores from Sainsbury's
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Concerns rise whether the market will be able to stomach additional Gilts coming not only from the DMO but also the Bank of England's quantitative tightening
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Kwasi Kwarteng's plan to scrap the banker bonus cap is a good idea but his timing is awful
