Bank of England vows to improve diversity after internal review

Bank of England vows to improve diversity after internal review found ethnic minority staff are less likely to be promoted and their white colleagues are paid more Internal review at Bank of England discovered failures in institution’s diversity  Ethnic minorities less likely to be promoted and paid less than white colleagues Bank also missed its own … Read more

Bank of England’s chief economist warns of inflation risk

Bank of England’s chief economist warns inflation could be ‘nearer four per cent than three per cent’ by the end of the year and ‘everyone will lose’ if it continues to spike Andy Haldane said ‘everyone would lose’ if inflation level continues to increase Mr Haldane said inflation could be ‘nearer to 4% than 3%’ … Read more

David Cameron will be grilled by MPs next week over the Greensill lobbying row

David Cameron will be grilled by MPs next week over the Greensill lobbying row Finance boss Lex Greensill to appear before the Treasury committee on Tuesday Paid advisor David Cameron urged Rishi Sunak to lend millions to Greensill firm Company subsequently filed for insolvency, threatening thousands of UK jobs  By Daily Mail Reporter Published: 22:00 … Read more

Mortgage borrowing reaches record £11.8billion high in a month

Mortgage borrowing reaches record £11.8billion high in a month as housing market is fuelled by stamp duty holiday and low mortgage rates Figures show net mortgage borrowing is at the highest since records began Housing experts say home owners are taking advantage of low mortgage rates  The break from stamp duty is also sending borrowing … Read more

Mortgage borrowing reaches record £11.8billion high in a month

Mortgage borrowing reaches record £11.8billion high in a month as housing market is fuelled by stamp duty holiday and low mortgage rates Figures show net mortgage borrowing is at the highest since records began Housing experts say home owners are taking advantage of low mortgage rates  The break from stamp duty is also sending borrowing … Read more

Senior treasury officials ‘offered to change rules of Covid support scheme for Greensill Capital’

Senior treasury officials offered to try to redesign a coronavirus business support scheme to help David Cameron, it has emerged. It comes as the former Prime Minister has been embroiled in controversy over texts asking Chancellor Rishi Sunak to support his employer Greensill Capital. Top officials went on to try to find a way for … Read more

Activists launch fake oil attack on the City slickers during Extinction Rebellion prank 

Five are arrested after activists launched fake oil attack on the Bank of England in an  Extinction Rebellion ‘April Fool’s prank’ Members of Extinction Rebellion sprayed fake oil over the Bank of England Covered outside in substance made of mixture of black pond dye and guar gum  The City of London police attended the demonstration … Read more

GCHQ sets fiendish quiz to mark launch of Alan Turing £50 note which could take SEVEN HOURS to solve

Spy harder: GCHQ sets fiendish quiz to mark the launch of Alan Turing £50 note… but experts say it could take you SEVEN HOURS to solve the riddle Britain’s spy centre GCHQ devised a quiz to celebrate the new Turing £50 note The note itself contains coded references to the mathematician and his life The … Read more

GCHQ sets fiendish quiz to mark launch of Alan Turing £50 note which could take SEVEN HOURS to solve

Spy harder: GCHQ sets fiendish quiz to mark the launch of Alan Turing £50 note… but experts say it could take you SEVEN HOURS to solve the riddle Britain’s spy centre GCHQ devised a quiz to celebrate the new Turing £50 note The note itself contains coded references to the mathematician and his life The … Read more

Watchdog launches formal investigation into claims David Cameron lobby laws

Watchdog launches formal investigation into claims David Cameron breached ‘anti-sleaze’ laws his own government introduced by ‘lobbying the Treasury to get stricken financial firm Greensill access to Covid loan schemes’ Former prime minister alleged to have lobbied Treasury on behalf of Greensill  Said to have been part of efforts to increase firm’s access to Covid … Read more