Britain’s financial watchdog vigilant ahead of COVID
The Financial Conduct Authority said that regulators will monitor how Britain’s furlough scheme ends for signs of distress among consumers. It also said it...
Private meeting inflation target met by 2025
In a private meeting, European Central Bank (ECB) chief economist Philip Lane revealed that with German economists, the ECB expects to hit its 2% inflation goal...
Sterling bouncing back
Sterling rebounded by snapping three straight days of losses. It was on course to regain the ground lost since the announcement of a UK...
Trade finance firms advised by UK regulators
Britain’s financial regulators said that trade finance firms must do more to identify potentially suspicious activities. This can be done by undertaking additional risk...
More progress is being seeked by G7
Finance ministers from the Group of Seven rich nations said that they had to make more headway on the small print of a reform...