While the Bank said the UK’s banking sector was well-placed to cope with a severe downturn, it said banks must increase the amount of money they set aside to absorb shocks. Starting a year from now, banks will be required to set aside a sum equal to 2% of their assets as a buffer, as opposed to the normal 1%.
Some of the UK’s biggest investment fund managers, including Aberdeen Standard, Aviva Investors, BMO Global, charity fund manager CCLA,...
Some 5,000 miles away in Lithuania, insect farm software provider Cogastro is also working on an AI-based system. It...
He added that the quote an insurer gives you depends on a set of personalised circumstances, including the type...
Take the interest payable on central government debt: not horribly high in September, but in fact third lowest since...
“However, if there were a change in quality, for example, from a value brand to premium brand, or from...
Cineworld has announced plans to close six cinemas across the UK as part of a wide-ranging restructuring plan. Part...
The train drivers’ union and the government are hopeful a deal can be struck to bring an end the...
Former P&O employee John, one of 800 people suddenly made redundant by the company, explains why he is angry...
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