Category : Search result: European Central Bank


Powell Defends Fed Independence Amid Trump Pressure

Federal Reserve Chair Jerome Powell delivers unprecedented testimony, defending the central bank's autonomy amid mounting political pressure from the Trump White House over interest rate policy.

Queenstown's Last Bank Closes, Isolating Tasmanian Town

The historic mining town of Queenstown on Tasmania's remote west coast is set to lose its last bank, as Bendigo Bank confirms the permanent closure of its local branch, leaving residents and businesses facing a 180km round trip for essential financial ser

Davey: Farage Bank Row with Musk a 'Sideshow'

Liberal Democrat leader Sir Ed Davey has branded the controversy surrounding Nigel Farage's bank account closure, which drew commentary from Elon Musk, a distraction from the UK's real issues.

Bank of America Forecasts Gold Surge to $3,000/oz

Bank of America forecasts gold could surge to $3,000 per ounce, driven by central bank buying and macroeconomic trends. This analysis highlights a pivotal moment for London's AIM-listed gold miners and the metal's enduring appeal.

Lloyds slashes free overdraft from £250 to £50

Lloyds Banking Group shocks customers by reducing its interest-free overdraft buffer from £250 to a mere £50 from November, impacting millions across Lloyds, Halifax, and Bank of Scotland accounts.

Shocking New Bank Scam Drains Accounts Without Detection

UK banking customers are being targeted by sophisticated 'withdrawal' scam that bypasses security. Victims report losing thousands as fraudsters exploit system loopholes. Essential reading to protect your savings.

Reeves to Seize Russian Assets for Ukraine

UK Chancellor Rachel Reeves announces bold plan to use frozen Russian assets for Ukraine's rebuilding efforts, aligning with G7 allies and signalling a tougher stance on Kremlin-linked wealth.

Trump's Supreme Court challenge over Fed's Lisa Cook

Former President Trump initiates a Supreme Court battle to block the renomination of Federal Reserve Governor Lisa Cook, setting up a major constitutional confrontation over presidential powers and central bank independence.

Bank of America UK: Pay Rises Amid Branch Closures

Exclusive: Bank of America announces a major pay increase for its UK staff while quietly accelerating a programme of local branch closures, raising questions about the future of high street banking.

Airlines Ban Passengers for Using Power Banks Onboard

Major UK airlines are enforcing strict new bans on passengers caught using power banks during flights, citing critical fire risks. Discover the safety rules you must follow to avoid being barred from future travel.

Hidden European Castles Just Hours From The UK

Discover eight breathtaking, lesser-known European castles that are surprisingly easy to reach from the UK. From Germany's fairytale Eltz to Italy's formidable Gradara, plan your next magical escape.

Fed Governor Stephen Miran Resigns After 18 Months

US Federal Reserve Governor Stephen Miran has unexpectedly resigned after just 18 months, citing personal reasons. The departure fuels speculation about internal discord at the world's most powerful central bank.

Trump Vows to Fire Fed's Lisa Cook if Re-Elected

Former President Donald Trump has pledged to fire Federal Reserve Governor Lisa Cook 'on Day One' of a potential second term, signalling an unprecedented assault on the US central bank's political independence and sending shockwaves through financial mark

162 UK Bank Branches to Close in 2024: Full List

Major banks including Barclays, HSBC, Lloyds, and NatWest have announced a sweeping wave of 162 branch closures across the UK in 2024, accelerating the decline of the British high street. Discover if your local branch is on the list.

EU Future: The Case for a Bolder, Braver Vision

As the EU navigates a new era of geopolitical upheaval and internal challenges, The Guardian argues that incrementalism is no longer enough. This analysis calls for a radical, courageous new vision to secure the bloc's future prosperity and security.

Sainsbury's Sells Bank to China's Ping An in Strategic Shift

Supermarket giant Sainsbury's is in exclusive negotiations to sell its lucrative banking division to Shenzhen-based Ping An Insurance Group, marking a major strategic shift and a significant Chinese investment into the UK's retail banking sector.

Lloyds Bank Launches £200 Cash Switch Offer

Exclusive: Lloyds Bank launches a limited-time £200 cash incentive for new customers switching to a Club Lloyds, Silver, or Platinum account. Discover the eligibility criteria and how to apply before the offer ends.

Europe's Secret September Escapes: Summer Lingers Here

Discover hidden European gems where summer's warmth extends into September. From secluded Greek islands to tranquil Italian lakes, uncover Guardian readers' favourite late-season retreats for perfect weather without the crowds.

Málaga Tops Paris & Barcelona as Europe's Best City

Forget the well-trodden paths to Barcelona and Paris. A prestigious new Time Out ranking has crowned a historic Spanish city as Europe's most captivating destination for 2024, praising its vibrant culture, affordability, and authentic charm.

EU Court Rules Austria's Border Checks Illegal

The European Court of Justice has delivered a landmark ruling, declaring Austria's long-standing border controls with Hungary and Slovenia illegal under EU law. The decision intensifies the clash between national security concerns and the bloc's principle

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