UK overhauls energy regulation after meter scandal
The new code requires firms to conduct multiple checks and a welfare visit and exhaust all other options before imposing PPMs.
Where will the potential new owners of Manchester United put their investment towards?
As the Glazer family gear up to possibly sell Manchester United, the next owners of the three times Champions League winning team will have a lot on their plates.
IMF chief urges world to avoid a 'second Cold War'
Georgieva was born and raised in Bulgaria, a former Soviet satellite state.
Millions of UK businesses at risk of shutting down due to delayed payments
As the tough economic conditions hit SMEs, UK businesses are at an increased risk of facing delayed payments from customers, says debt collection agency.
Barcelona offer Xavi new deal, Lewandowski admits he couldn't walk after Clasico defeat
Xavi Hernandez has been offered a 2-year extension to stay in charge at the Camp Nou.
Debt crunch looms for weaker economies with a wall of bond maturities ahead
A combination of sticky high interest rates and lacklustre global growth could push a number of emerging economies that are facing soaring refinancing needs into debt difficulties next year.
What is the "New" Investor Route?
"We expect that the Home Office will require third parties to vet and verify applicants' funds in order to provide endorsements for a visa application to be made."
UK residents can save up to £60,000 per year on their pensions
From ISAs to pensions, VCTs to EISs, Madeleine Ingram, Director at Calculus, shares how UK individuals can make tax-efficient investments amid the fair of a coming recession.
Did 'The Simpsons' predict Trump's arrest and release of Barbie movie years ago?
The Simpsons has been known for its uncanny gift of making predictions about the future.
Branson's Virgin Orbit files for bankruptcy after launch failure squeezed finances
Virgin Orbit Holdings Inc, founded by billionaire Richard Branson, filed for Chapter 11 bankruptcy protection on Tuesday after the satellite launching business struggled to secure long-term funding following a failed launch in January.
Study reveals three crucial pillars to becoming "Data Leaders"
A recent study by Lenovo and FT Longitude has identified data security, data analytics and data management as the three essential data pillars responsible for success at top global firms.
Yellen rejects World Bank capital increase; no challengers to U.S. nominee to lead lender
U.S. Treasury Secretary Janet Yellen on Wednesday rejected the idea of a near-term capital increase for the World Bank
UK household debt surpasses £2 trillion amid soaring cost of living
Household debt exceeds £2 trillion for the first time in UK history. As consumers struggle with the skyrocketing costs of living, financial literacy hits rock bottom.
Apple's foray into BNPL business poses a risk to consumers, its rivals
Adding BNPL to Apple's brand doesn't coincide with the company's goal of offering its consumers services and technology they can feel good about.
Banking rebound remains fragile as regulators review response to failures
Investor confidence in the banking sector remained fragile on Tuesday, with the European Central Bank (ECB) saying recent volatility highlighted the need for greater regulatory scrutiny.
Banking Collapses Raises Fresh Questions: How To Benefit from The Corporate Veil?
Startups are often in trouble when banking collapses occur. Therefore, right now, founders have a renewed interest in understanding "the corporate veil".
Should the government regulate Bitcoin or does Bitcoin in fact regulate the government?
"It is hard to hold the government accountable for their mistakes. At the same time, it gives governments the excuse to continue their nefarious accounting behind the scenes."
Elon Musk puts Twitter's value at just $20 billion
He cited a revenue drop of $1.5 billion a year and a debt-servicing burden of the same amount -- leaving it with "only 4 months of money."
Weil distress index shows UK companies at highest level since June 2020
Corporate distress levels in Britain accelerated in the three months to February to their highest since June 2020, an index compiled by law firm Weil Gotshal & Manges shows.
Barcelona ready to improve Messi comeback offer up to €200m
The club is seeking out ways to come up with a lucrative deal that does not rest entirely on a fixed salary.
Qatar's Sheikh Jassim makes second bid as battle to buy Man Utd heats up
If one bid is vastly ahead of the others, it could be chosen to enter into a period of exclusivity, which would allow further negotiation ahead of a final sale.
IMF staff reaches agreement with Ukraine for $15.6 billion program
The International Monetary Fund said on Tuesday it had reached a staff-level agreement with Ukraine for a four-year financing package worth about $15.6 billion, offering funds the country needs as it continues to defend against Russia's invasion.
Energy bill support pushes UK budget deficit to February record
Britain's government borrowed more than expected in February, official data showed on Tuesday, but finance minister Jeremy Hunt may still hope that falling energy costs and inflation will offer leeway later this year for a pre-election tax cut.
If 70–80 per cent of the rich are self-made – what about the mass of 'ordinary' millionaires?
The National Study of Millionaires found out that 74 per cent of millennials believe that millionaires inherited their money and more than half (52 per cent) of baby boomers think the same.
Credit Suisse's buyout by Swiss-rival UBS results in further panic throughout global banking system
Hargreaves Lansdown's Susannah Streeter has spoken on UBS's $3.23 billion purchase of Credit Suisse with the latter having been saved by its domestic rival.
Pakistan in Economic Purgatory: The Way Out Depends on Human Development
Although it is in the headlines for political turmoil, Pakistan is facing its worst-ever financial crisis. Even officials have uttered the taboo word: Default?
Europe's bank bonds battered after Credit Suisse debt wipeout
European bank bonds slumped on Monday following the state-backed rescue of Credit Suisse by UBS as a wipeout of some bondholders raised concerns around broader bank capital and also hammered bank shares.
Silicon Valley Bank's parent company cut off from bank's records
SVB Financial, the bankrupt parent company of Silicon Valley Bank, has lost access to its financial records after the bank was placed into receivership by the Federal Deposit Insurance Corporation (FDIC).
Credit Suisse takeover, central bank action calm jittery markets
Moves by authorities to avert a global banking crisis appeared to have lifted market confidence on Monday as investors welcomed emergency dollar liquidity from top central banks and a historic Swiss-backed acquisition of troubled Credit Suisse by UBS Group.
Japan, Germany agree to carefully monitor markets, coordinate as needed
Japan and Germany agreed on Saturday to coordinate closely on financial jitters stemming from problems among Western banks while carefully monitoring global markets and economy.