Category : Search result: central bank independence


Man's bank accounts frozen, shows zero balance

An Australian man woke to find all his money gone after Heritage Bank froze his accounts. The bank apologised for the scare, blaming an unread email. Read the full story.

2026 UK Bank Holiday Dates Confirmed

The UK government has confirmed the 2026 bank holiday calendar, revealing an eight to ten-day break depending on region. Critics brand the long summer gap 'ludicrous'. See the full list of dates here.

2026 Bank Holiday dates confirmed for UK

The government has published the 2026 bank holiday calendar, revealing an eight to ten-day break depending on location. Critics slam the 'ludicrous' summer gap in England and Wales. See all the dates here.

Bulgaria adopts the euro on 1 January 2026

Bulgaria prepares to swap the lev for the euro, becoming the 21st eurozone member. Explore the public's mixed reactions and what this means for the EU's southeast frontier.

California's 'Radiation Fog' Explained: Not Dangerous

A dense 'radiation fog' has blanketed California's Central Valley for weeks, sparking online fears. Scientists clarify it's a natural weather event, not nuclear radiation. Read the full explanation.

Bessent pushes for Fed 'veto' on regional presidents

Treasury Secretary Scott Bessent proposes a three-year residency rule for Federal Reserve bank presidents, potentially increasing White House influence over the independent central bank. Read the full analysis.

Atlanta Fed President Bostic Steps Down

Atlanta Federal Reserve President Raphael Bostic announces retirement, creating a key vacancy as Trump administration pressures the central bank. Read the full analysis.

Civil servants forced into independence paper meetings

Scottish Government officials have been compelled to attend multiple meetings to accelerate work on a new independence prospectus, sparking concerns about civil service neutrality and taxpayer resources being used for constitutional campaigning.

Fourth US Bank Collapses as First Republic Fails

First Republic Bank becomes latest casualty in American banking turmoil, with JPMorgan acquiring assets in dramatic federal intervention following SVB, Signature and Silvergate failures.

2025 UK Bank Holidays: Six Key Dates Revealed

Discover how the shifting bank holiday dates in 2025 will create unique three-day weekends and impact your planning across England, Wales, Scotland, and Northern Ireland.

ECB Holds Rates Steady Amid Inflation Concerns

The European Central Bank maintains its record-high interest rates at 4.25% despite slowing inflation, signalling ongoing concerns about price stability across the eurozone economy.

Bank of England gold at risk in security strike

Exclusive: The Bank of England faces an unprecedented security crisis as guards protecting Britain's £200 billion gold reserves prepare to walk out over pay disputes, raising alarm about the safety of the nation's wealth.

Powell resists Trump pressure on interest rates

Federal Reserve Chairman Jerome Powell pushes back against Donald Trump's demands for interest rate cuts, asserting the central bank's independence amid political pressure and economic uncertainty.

NatWest Announces Major Banking Overhaul

NatWest Group reveals strategic transformation plan affecting Ulster Bank operations, customer services, and regional banking infrastructure across the UK and Ireland.

DWP's New PIP Fraud Checks Target Bank Accounts

Exclusive: The DWP is implementing new fraud detection measures for PIP claimants, including monitoring bank accounts and savings. Here's what you need to know about the changes.

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