Oct 5, 2023 | Current Affairs
The total amount the Government owes currently sits at around £2.59 trillion. The recent rise in borrowing costs comes at a difficult time for Chancellor Jeremy Hunt as he prepares for his Autumn Statement on 22 November. The price of 30-year UK Government bonds also...
Oct 4, 2023 | Current Affairs
The Bank of England (BoE) says it will check the health of general insurers in 2025 with a 'stress test' that includes a rapid series of shocks. Regulators introduced stress tests following the 2008 financial crisis to check whether banks and insurers are holding...
Oct 2, 2023 | Current Affairs
Business confidence fell to 36% in September - down from an 18-month high of 41% in August - as companies saw a decline in both economic optimism and trading prospects, shows new research from Lloyds bank. The bank's business barometer, which surveys 1,200 firms...
Sep 28, 2023 | Current Affairs
In a statement released on Wednesday (Sep 27), the Bank of England (BoE) said it would delay the final leg of Basel bank capital rules by six months to July 2025. The BoE had previously indicated that it would start implementing the international rules, which were...
Sep 27, 2023 | Current Affairs
The ongoing late payment culture threatening the SME community has now caught the attention of Westminster, according to recent polling. The survey from YouGov found that almost two-thirds (65%) of MPs support the introduction of a compulsory Prompt Payment Code (PPC)...
