Category : Search result: Reserve Bank


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.

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.

Court Upholds Trump's Firing of Fed Governor Lisa Cook

A US appeals court has dismissed Lisa Cook's lawsuit against Donald Trump, ruling the former president had absolute immunity when he fired her from the Federal Reserve Board in 2025. The landmark decision raises serious questions about presidential power

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.

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.

Fed Holds Rates Steady as Inflation Cools

The US Federal Reserve pauses its aggressive rate-hiking campaign, signalling a potential turning point in the battle against inflation. We break down the impact on mortgages, savings, and the global economy.

Jamie Dimon's Chilling Economic Warning

JPMorgan Chase CEO Jamie Dimon has delivered a sobering assessment of the global economy, warning of a 'hard landing' and potential stagflation. The banking titan's comments signal turbulent times ahead for markets, interest rates, and government spending

Lloyds Bank £175 Free Cash Giveaway

Lloyds Bank is offering a massive £175 cash incentive for new customers who switch their current account. Discover the simple steps to claim your free money and the terms you need to know.

Aldi UK Stores Closed for May Bank Holiday

Shoppers planning a trip to Aldi this Early May Bank Holiday are urged to take note. The discount supermarket giant has confirmed revised opening times for all its UK stores on Monday, 6th May.

Lloyds Bank to Close 45 Branches in 2025

Lloyds Banking Group announces the closure of 45 Lloyds and Halifax branches across England and Wales in 2025, citing a dramatic shift to digital banking. Discover if your local branch is affected.

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.

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.

Trump Sued by Fed's Lisa Cook Over Discrimination Claims

Former President Donald Trump is being sued by Federal Reserve Governor Lisa Cook, who alleges a campaign of racial and gender-based discrimination derailed her initial confirmation. The landmark case exposes deep tensions within the US financial oversigh

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.

Who is Lisa Cook? The Economist Reshaping US Policy

An in-depth look at the life and career of Dr Lisa Cook, the pioneering economist making history at the Federal Reserve. Discover her journey from academic excellence to shaping global economic policy.

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.

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

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