ANZ Bank has been hit with a monumental £240 million penalty for a litany of serious failures, including charging fees to deceased customers. The Federal Court condemns the bank's 'widespread' and 'systemic' misconduct.
Leading economists and financial experts urge the Bank of England to reconsider its quantitative tightening strategy amid soaring government debt costs, warning current pace could destabilise markets.
The UK's Financial Conduct Authority has raised a major red flag, revealing that a large portion of the nation's finance sector is dangerously reliant on outdated technology, posing a severe threat to operational resilience and consumer protection.
Discover Vienna's enchanting Christmas markets for 2024. From the spectacular Rathausplatz to hidden gems, find opening dates, must-try food, and unique gifts in Europe's most magical winter destination.
Chancellor Rachel Reeves faces a stern test as UK bond yields surge, echoing France's recent market turmoil. Can Labour's economic plan withstand the pressure from global markets?
Global markets reel as former President Donald Trump announces sweeping new tariffs on the EU, targeting key industries from cars to pharmaceuticals. The move sends the pound and euro tumbling and casts a shadow over Novo Nordisk's major UK investment pla
Exclusive investigation reveals how 3.5 million self-employed workers are left financially vulnerable with no statutory sick pay protection amid rising illness rates.
Reform UK announces radical manifesto pledge to abolish the Financial Conduct Authority's power to regulate banks, promising a bonfire of red tape for the financial sector.
A controversial new regulation permits UK banks to temporarily hide key indicators of financial instability, sparking debate between consumer protection and financial stability.
The Guardian argues that the UK is paralysed by a mythical fear of 'bond vigilantes', preventing vital investment in public services and infrastructure. It's time to abandon outdated economic dogma.
Rugby Australia is battling a staggering $80m debt. The upcoming British & Irish Lions tour and a new broadcast deal are now critical to saving the sport from financial ruin.
In a major post-Brexit shift, London becomes a key trading hub for Swiss shares like UBS, Rolex, and Richemont, with volumes soaring after a new UK-Swiss agreement.
As the UK races towards a cashless future, a growing movement of consumers, experts, and activists are pushing back. Discover the compelling financial, psychological, and societal reasons why cold, hard cash isn't ready for the history books just yet.
Exclusive research reveals the UK's rapid shift towards a cashless society, uncovering the regions and demographics leading the charge and those at risk of being left behind.
The price of gold has surged to a new all-time high, driven by market jitters over Donald Trump's proposed tariffs and a weakening US dollar. Discover why investors are flocking to bullion.
Exclusive: A major superannuation fund collapse has wiped out the life savings of thousands of Australians, sparking government scrutiny and a desperate fight for justice. Discover the full story.
UK financial markets face a severe stress test as long-term government borrowing costs surge to levels not seen since 1998. The gilt sell-off, driven by stubborn inflation data and hawkish central bank fears, triggers a flight to safety, sending gold and
Global financial markets reel as former President Donald Trump floats aggressive 60% tariffs on Chinese goods, sparking fears of a renewed trade war and economic instability.
Exclusive investigation reveals UK financial wellbeing app targets vulnerable low-wage workers with costly credit products, raising serious ethical concerns about the fintech sector.
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.
Dubai's sovereign wealth fund secures a 10.3% stake in LSEG, marking a significant Middle Eastern investment in the heart of the UK's financial infrastructure and raising questions about foreign influence.
The London Stock Exchange's premier index, the FTSE 100, is poised for a significant quarterly reshuffle. Insurance giant Aviva and mining titan Anglo American are set to be demoted, while online car marketplace Auto Trader is on track for promotion, refl
The Financial Conduct Authority launches an urgent review into its conflict of interest policies after its former head of enforcement, Therese Chambers, takes a senior role at a US hedge fund, raising serious concerns about the City's 'revolving door' cul
Exclusive: The Financial Conduct Authority issues an urgent warning as sophisticated 'clone firm' investment scams skyrocket, with criminals stealing millions from UK savers. Learn how to spot the red flags.
The UK's Financial Conduct Authority launches an investigation into Aberdeen's Dubai operations, raising serious questions about oversight in the emirate's burgeoning financial district and compliance with international standards.
Chinese property behemoth Evergrande faces compulsory liquidation and Hong Kong stock market delisting after failing to deliver a viable restructuring plan, sending shockwaves through global markets.
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
A Hong Kong court has ordered the liquidation of property giant China Evergrande, triggering fears of a deeper crisis in the world's second-largest economy and global financial contagion.
Federal Reserve Chair Jerome Powell signals prolonged elevated interest rates at Jackson Hole symposium, sending shockwaves through global markets as inflation battle continues.
Asian shares and European futures fall sharply as investors await Fed Chair Jerome Powell's key Jackson Hole speech. Markets brace for hawkish tones on US interest rates, with the FTSE 100 set for a lower open. Live updates on global market reaction and a