The Bank of England (BoE) is open to discussions with Britain's government about new ways to help boost economic growth by paring back regulatory requirements for the financial services industry, Deputy Governor Sam Woods said on Monday.
The white-knuckle business of trading global assets sensitive to Trump's "America First" policies has resumed.
European stocks are expected to open slightly higher Tuesday as traders digested the first executive orders signed by newly inaugurated President Donald Trump.
Savers have been urged to check if they would benefit from switching accounts as the return of President Donald Trump to the White House today (January 20) is set to have a major impact on UK finances. President Trump has threatened to bring in tariffs from his first day back in office, potentially hiking costs across the world.
The pound fell against a rebounding dollar on Tuesday even as U.S. President Donald Trump stopped short of implementing tariffs as signs of a softening British labour market reinforced expectations for a February rate cut from the Bank of England.
The cryptocurrency and blockchain industries have a lot to be optimistic about as Trump enters his second term. The official Donald Trump memecoin, known as $TRUMP, has risen in market value since its launch last week – a symbol of the new crypto-friendly US administration.
Bankers at JPMorgan worked through the night in a "war room" to try and assess the early impact of U.S. President Donald Trump's administration on global trade, regulation and other matters, an executive at the bank said on Tuesday.
From higher borrowing costs to the threat of a trade war, the incoming US administration could directly affect the UK's economy
Donald Trump's second term as president of the US raises questions about how it will impact the rest of the world, including UK house prices.
From interest rates to higher prices in shops, Donald Trump's return to the White House will have major implications
Investors considering alternative strategies should proactively adjust their portfolios to anticipate these potential changes.
The point of Donald Trump’s jab at Bank of America CEO Brian Moynihan was not just to dunk on one prominent financier. It was also a warning to every executive at Davos, and everyone watching the livestream around the world,