The Bank of England launched on Tuesday a new financial stability tool that insurers and pension funds can use during periods of turbulence in Britain's government bond market.

Wall Street banks are getting ready to sell up to $3 billion of debt holdings in X, the social-media platform controlled by Elon Musk, two people with knowledge of the matter said on Friday. Morgan Stanley bankers have contacted investors ahead of a planned sale next week, the sources said.

Wall Street banks are getting ready to sell up to $3 billion of debt holdings in X, the social-media platform controlled by Elon Musk, two sources with knowledge of the matter said Friday. Morgan Stanley bankers have reached out to investors ahead of a planned sale next week, the people added.

In other words, Wall Street just might be one of the few institutions in America capable of constraining Trump, who has bent the Republican Party to his will, pushed the Democratic Party aside and exerted influence on the bureaucracy, the judiciary, corporations, the news media and other power bases.

Inflation cooled slightly to 2.5% in December, adding to the likelihood the Bank of England will move to cut interest rates against a difficult economic backdrop.

The Wall Street bank street bank's views echo those ... "While it is possible that the Bank of England will slow the pace of cuts if underlying inflation fails to make progress, we believe that ...

Europe's muted moves follow wage and jobs data that could leave the Bank of England scratching ... than the $8.83bn it posted last year. Wall Street is expecting earnings per share of $4.18 ...

Output contracted at the start of the year's final quarter and is forecast to have recovered only slightly in November. Confidence plunged to its lowest point in two years at the end of the year, according to a business survey published Wednesday by the Institute of Chartered Accountants in England and Wales.

Rachel Reeves faces a £20bn black hole in the public finances due to soaring interest rates and crumbling economic growth, economists at JP Morgan have warned...

Wall Street had a positive start with the Dow Jones Industrial Average up 1% as investors also cheered a strong batch of quarterly results from the biggest US banks. The S&P 500 rose 1.1% at the open while the Nasdaq Composite rose 1.6% to 19,350.31

Sterling faces further weakness and investors were losing confidence in Reeves’ growth-boosting plans, and the currency’s outlook remained negative, also given expectations of at least two BOE rate cuts this year,

Strong earnings, record shareholder returns and resilience amid falling interest rates were the catalysts behind European bank stocks delivering their best year in over a decade.