Category : Search result: Central Bank Independence


Trump Allies Draft Plan to Curb Federal Reserve Independence

A radical proposal from Donald Trump's allies seeks to strip the Federal Reserve of its independence, allowing the White House to demote Chair Jerome Powell and influence interest rates, a move that could shake global markets.

Lloyds Bank Puts 1,600 Jobs Under Review in Restructure

Exclusive: Lloyds Banking Group launches a sweeping operational review, putting 1,600 roles under consultation while simultaneously creating 830 new positions in a strategic shift towards enhanced digital services.

Halifax to Shut 13 Branches in UK Shake-Up

Halifax confirms 13 more bank branches will permanently close by early 2025, dealing another blow to the UK's struggling high streets. See the full list of affected locations and dates.

NatWest to close 26 bank branches in 2024

High street giant NatWest Group announces another wave of closures, shutting 26 branches across England, Scotland, and Wales in 2024, citing a dramatic shift to online banking.

DWP PIP Assessment Rules Changed - 2024 Update

Exclusive: The Department for Work and Pensions has introduced significant changes to PIP assessment rules. Discover how these updates affect eligibility criteria, assessment procedures, and what claimants need to know about the new evaluation process.

Trump's Threat to Federal Reserve Independence

As Donald Trump threatens to undermine Federal Reserve independence, The Guardian examines why accountability, not just autonomy, is crucial for economic stability. A deep dive into the looming constitutional crisis.

UK Bank Shares Plunge on Budget Windfall Tax Reports

UK banking stocks suffered a dramatic sell-off following reports that Rachel Reeves is considering a new windfall tax on lenders in the upcoming autumn budget. The proposal, aimed at funding national priorities, sent shockwaves through the financial secto

Bank of England Losses to Cost Taxpayers £200bn

A new report reveals the staggering cost of the Bank of England's quantitative easing programme, with taxpayers facing a bill of up to £200 billion, intensifying calls for a windfall tax on banks.

Royal Navy's Fourth of July Thames Flotilla for US

The Royal Navy staged a dramatic boat parade on the River Thames to mark the Fourth of July, a gesture of UK-US solidarity. The event, featuring a flotilla of vessels, paid tribute to the special relationship between the two nations.

Fed Governor Lisa Cook Sues Trump Over Dismissal

US Federal Reserve Governor Lisa Cook launches landmark lawsuit against former President Donald Trump, alleging unlawful termination and constitutional violations in a dramatic political clash.

DWP's 23 Health Conditions That Could Boost PIP Payments

Exclusive: The Department for Work and Pensions has quietly updated its guidance for 23 specific health conditions that could significantly increase Personal Independence Payment awards. Discover if your condition qualifies for enhanced support.

Farage Sparks Fury: Compares SNP to Taliban

Nigel Farage has ignited a political firestorm by drawing a controversial parallel between the Scottish National Party and the Taliban during a Reform UK rally in Southport, accusing both of seeking 'total control'.

Bank robber foiled by his own illegible note

A would-be robber's attempt to hold up a Halifax branch was comically thwarted after the cashier couldn't read his scribbled demand note. The bungling criminal, Anthony Denning, is now behind bars after the farcical incident in Southport.

Urgent PIP Money Management Update Issued by DWP

The DWP has announced a significant change to Personal Independence Payment (PIP) money management rules. Discover how this update affects your payments and what you must do now to avoid disruptions.

Trump Fires Federal Reserve Governor Lisa Cook

In a dramatic escalation of his battle with the US central bank, President Trump has fired Federal Reserve Governor Lisa Cook. The shocking move, citing a 'failure to align with national economic interests,' sends the strongest signal yet of Trump's inten

Lloyds Slashes Free Overdraft Buffer to £50

Lloyds Banking Group is dramatically reducing its interest-free overdraft buffer from £300 to just £50 for millions of customers from November, a move experts warn will hit struggling households hardest.

UK Bank Holidays 2025: Your Complete Guide

Plan your year ahead! Here is the full, confirmed list of 2025 bank holidays for England, Wales, Scotland, and Northern Ireland, including key dates for your diary.

Page 1 of 4