Bank of England boss launches broadside at EU over finance industry rules

Bank of England governor launches broadside at EU as he warns the bloc is trying to cut the City of London out of its banking market Andrew Bailey warned the Eu that the UK will not become a ‘rule-taker’ nation Bank of England governor was speaking during annual speech to City of London UK granted … Read more

Can an estate agent hold back my house offer if I don’t use their firm’s finance adviser?

I am searching for a new home in Kent, where I live. I recently saw a terraced house that I liked on Rightmove and went for a viewing. Afterwards, I decided to make an offer. I approached the vendor’s estate agent, Miles & Barr. When I told them my offer, the agent I spoke to … Read more

Finance boss at Oxford Covid vaccine firm drove 250 miles to second home ‘in search of better wi-fi’

Finance boss at Oxford Covid vaccine firm is spoken to by police after driving 250 miles to his second home ‘in search of better wi-fi signal’ Lee Warren travelled from Staffordshire to Rothbury, Northumberland last week He travelled with family on January 4, the same day lockdown was announced Three days later police ordered Mr … Read more

Canadian finance minister Rod Phillips caught n St. Barts after video in sweater in front of fire

Busted! Canadian finance minister is caught posting FAKE Twitter videos pretending to be at home on lockdown – and thanking people for not traveling – when in fact he’s sunning himself in St Barts Rod Phillips shared a video of himself drinking eggnog in a sweater in front of a fireplace with a gingerbread house … Read more

Watchdog delayed raid on London Capital & Finance over gun concerns

Watchdog delayed raid on London Capital & Finance over concerns there were guns on the firm’s premises By Mark Shapland For The Daily Mail Published: 21:50 GMT, 18 December 2020 | Updated: 22:36 GMT, 18 December 2020 The City watchdog delayed a crucial raid on London Capital & Finance over concerns there were guns on … Read more

Andrew Bailey apologies over the London Capital & Finance scandal

The governor of the Bank of England has apologised over the London Capital & Finance (LCF) savings scandal. Andrew Bailey, who was chief executive of the Financial Conduct Authority when LCF collapsed into administration last year, said sorry to the 11,600 victims who were left £237million out of pocket. It came as Dame Elizabeth Gloster, … Read more

Finance bosses warn Bank of England over negative rates

Finance bosses warn Bank of England to proceed with caution as it weighs up whether to take interest rates negative for the first time in UK’s history By Lucy White For The Daily Mail Published: 22:24 GMT, 14 December 2020 | Updated: 22:42 GMT, 14 December 2020 Finance bosses have urged the Bank of England to … Read more

Teach our children about finance at school, say parents

Teach our children about finance at school, say parents By Rachel Rickard Straus, Financial Mail On Sunday Published: 21:50 GMT, 12 December 2020 | Updated: 22:39 GMT, 12 December 2020 As many as nine in ten Britons did not receive any financial education at school, a survey for The Mail on Sunday reveals.  In fact, … Read more