The Swiss government will hold a news conference later after UBS made a takeover offer for embattled Credit Suisse, local media reports. The possible emergency...
Business
The retail giant John Lewis may dilute its 100% employee ownership to raise fresh investment. The change to the partnership model would signal a major...
The British arm of Silicon Valley Bank (SVB UK) has handed out millions of pounds in employee bonuses just days after its insolvency was averted through a Bank...
A tumultuous week in the markets ended on an uncertain note – suggesting fears remain after large losses from the collapse of Silicon Valley Bank. The...
The European Central Bank has maintained its fight against inflation and imposed a large set of interest rate hikes despite market turmoil over the effect...
TikTok will be banned from UK government phones amid security concerns around the Chinese-owned video app, Cabinet Office minister Oliver Dowden has announced...
Job losses are on the horizon at the John Lewis Partnership, which includes Waitrose and John Lewis shops, as the company posted an annual loss of £234m. No...
Chancellor Jeremy Hunt has defended the speed of the rollout for his budget offer of free childcare for working parents, describing it as the “biggest...
A strike by rail workers today will bring train services to a halt across the country in the latest disruption caused by a wave of industrial action. Teachers...
Jeremy Hunt’s budget leaves household incomes stagnant and people paying higher taxes despite cuts to public services, the Resolution Foundation has said...
Credit Suisse has said it will borrow up to 50bn Swiss francs (£44.5bn) from the Swiss central bank to shore up its liquidity. The bank said it was...
Are you richer or poorer? Use our budget calculator to see how you have been affected by Chancellor Jeremy Hunt’s tax and spending announcements. Put...
Banking stocks are enduring fresh, steep losses on Wednesday as concern over the health of US banks crosses the Atlantic. Credit Suisse shares plunged to new...
Jeremy Hunt said the British economy is “proving the doubters wrong” and will avoid recession, as he delivered his first full budget speech to...
Banking stocks are enduring fresh, steep losses on Wednesday as concern over the health of US banks crosses the Atlantic. Credit Suisse shares plunged to new...
Tempting as it is to believe that the chaos with Silicon Valley Bank and its British arm are of interest only to members of the tech community and financial...
