Chancellor George Osborne says Britain will contribute more to the IMF as it comes to the aid of struggling EU countries, but only if the eurozone takes action to deal with its debt crisis.
It is the Bank of England governor’s piercing assault on bankers that sticks in the mind from today’s important speech in Brighton. He doesnt quite join Occupy the City, but he does suggest that British capitalism’s very legitimacy is up for grabs if bankers go too far on pay.
Royal Bank of Scotland and Barclays are expected to set lower bonus payments for staff this year, Channel 4 News understands.
As the Bank of England Governor warns UK banks to build up their reserves the eurozone catastrophe talk is ratcheting up in the countdown to the European Council next Friday. Economics Editor Faisal Islam reports.
The Governor of the Bank of England warns banks to brace themselves for a potential eurozone collapse by increasing reserves, adding that the BoE has “contingency plans” for a euro meltdown.
As six central banks take steps to bring down the cost of borrowing, a stockbroker tells Channel 4 News there is likely to be further pressure on eurozone leaders to resolve the debt crisis.
Deputy Prime Minister Nick Clegg outlines his flagship £1bn youth jobs programme. But will it work and is it any different to previous schemes? Channel 4 News FactCheck investigates.
A leading UK regulator has warned that efforts by banks lobbying against tougher regulations are “intellectually dishonest and potentially damaging.”
The salaries of Britain’s executives are “corrosive” to the economy and “out of control”, according to an independent report by the High Pay Commission.
More than 300 people have been arrested across the US as the Occupy movement against corporate greed marked two months of protests with a national day of action.
When David Cameron travels to Berlin to meet Chancellor Merkel, top of the agenda will be coaxing the European Central Bank in Frankfurt to act as last resort lender to the Eurozone’s troubled nations reports Economics Editor Faisal Islam.
As the Bank of England lowers its forecasts, an economist tells Channel 4 News Britain is unlikely to grow at all next year.
As St Paul’s Cathedral announce it is “optimistic that it will reopen”, the MP for the City of London tells Channel 4 News he believes the initial decision to close it was ‘spurious’.
Inflation matched its record high last month. The consumer prices index (CPI) rose from 4.5 per cent to 5.2 per cent.
With inflation rising to match record highs, Channel 4 News looks at the effect on the economy and consumer and considers if there are any reasons to be cheerful.