Page 2 - Common Treasury News Today

Major lenders stand accused of not extending a series of recent Bank of England rate hikes to savings accounts while ramping up mortgage and other borrowing costs.

Major lenders stand accused of not extending a series of recent Bank of England rate hikes to savings accounts while ramping up mortgage and other borrowing costs.

The Bank of England has come under renewed criticism for its handling of rising inflation from the head of the Commons’ Treasury select committee, who claimed

Having previously spent more than two decades at JP Morgan as a trader and investment manager, there are very few MPs better qualified to chair the Commons’ Tre

Almost a month after Crispin Odey and his eponymous firm were thrown into turmoil over allegations of sexual misconduct against the veteran hedge fund manager,

The harm done to long-term savers on less competitive rates is likely to have grown as interest rates have risen, the head of the City regulator has said.In

The government will not reverse post-financial crisis banking regulation, Jeremy Hunt has said, amid growing concerns that Britain is loosening post-Brexit rules for the City.

The Bank of England is facing mounting pressure over its plan to shake up capital rules amid concerns that the overhaul will hit lending by commercial banks t

The bailout of the bust energy supplier Bulb is expected to cost the government billions of pounds less than originally feared because of a sharp fall in wholesale gas prices, according to the National Audit Office. The public spending watchdog said the government may end up spending £246m on saving the supplier, which has 1.5 million customers and was acquired by Octopus Energy late last year. – Guardian

The Chancellor defended his stealth raid on working Britons - through the extension of a freeze on tax thresholds - as a better way of hiking levies.