Bussiness
Bank of England governor says Brexit has undermined UK economy
The Bank of England governor has urged ministers to “rebuild relations” with the EU, warning that Brexit has undermined the UK’s economy.Speaking at the M
Bank of England boss to say UK must ‘rebuild relations’…
Mr Bailey will say the changed relationship with the EU has "weighed" on the economy."The impact on trade seems to be more in goods than services... But it unde
Bank of England chief to say UK must ‘rebuild relations’…
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Reeves to tell regulators to dial up risk in UK…
Stay informed with free updatesSimply sign up to the UK financial regulation myFT Digest -- delivered directly to your inbox.Chancellor Rachel Reeves will tell
Rules imposed after financial crisis have ‘gone too far’, Reeves…
Rachel Reeves has told City bankers attending her Mansion House speech that regulations put in place to protect the economy after the global financial crisis ha
Chancellor fires up financial services sector to drive growth
Reeves to say regulatory changes post-financial crisis created a system which sought to eliminate risk taking ‘that has gone too far’ and led to un
Big UK pub chains signal price rises as result of…
The pub chain Young’s has said it is preparing to take an £11m annual hit from rises in employer taxes announced in the budget, and signalled that some of th
UK must offer Trump concessions on China to avoid tariffs…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The UK should strike a bargain with
Britain desperately needs a proper industrial strategy
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The writer is chair of Canary Wharf
Southern Water’s debt downgraded to junk status by Moody’s
Southern Water’s debt has been downgraded to junk status by the credit rating agency Moody’s in a decision that underlines the precarious state of the UK wa
Job cuts ‘inevitable’ over £30m Dundee University deficit
The university currently employs more than 3,000 people.Prof Gillespie told staff: "We must take further action now to address our financial stability and long-
