Financial Services UK

The British Virgin Islands mix fun in the sun with dark money. Will the UK’s new Labour government act?

Deficit hawks, tax wonks blanch at the unintended consequences of the politically popular idea.

What could possibly go wrong?

Banker Ian Corfield is appointed to a top role in the civil service just months after donating thousands of pounds to Chancellor Rachel Reeves.

The heat is being turned up on Tulip Siddiq, whose aunt is ousted Bangladesh PM Sheikh Hasina, after she failed to register rental income from a property in London.

The odds that the U.S. will fall into recession are still relatively low, particularly given that consumers continue to spend at a healthy clip. But the risks are mounting.

Cabinet Office faces being stripped back to core functions with 80 percent of staff moving out of the department, under plans for reform. 

The U.K.’s finance minister spent all week saying Britain’s economy is broken. Then the BoE cut interest rates.

First decrease since 2020 eases pressure on businesses a month after Keir Starmer became prime minister.

Relief is in sight — but it’s still not a done deal.

New government pares back pensioner payments and vows to build more houses — but it’s a big gamble.

Labour attack dossier lays out holes in Britain’s finances — which the Tories dismiss as simply a political excuse to raise taxes.

From Athens to Berlin, governments are coalescing around an idea to turbocharge the economy. If successful, it could be transformative ― but it’s a big if.

As the U.K. and the EU enter a new era, their relationship is likely to gradually become more Swiss.

Labour, with an eye on the next election, wants voters to hear that the public finances are worse than they thought — so blame the Tories for higher taxes.

The Treasury secretary called the shift to a low-carbon global economy “the single greatest opportunity of the 21st century.”

Governments to start looking at question of tax on billionaires, according to statement seen by POLITICO.

Berlin wants to expand the British prime minister’s proposed security pact into a broader EU-UK “reset.”

Trump’s about-turn on crypto-assets — and his pick of crypto-evangelist running mate JD Vance — resurfaces a nightmare scenario for EU policymakers.

Loan would be paid back using profits from invested frozen Russian assets.

The deal gives Kyiv vital breathing space, and is set to be flanked by fresh tax increases and money generated by frozen Russian assets.

The landmark review into the pensions and investment market seeks ways to boost the investment potential of support schemes while equally optimizing savings for pensioners.

The British foreign secretary’s comments come as leaders descend on Blenheim Palace in Oxfordshire for a meeting of the European Political Community.

But services are still making life difficult for the Bank of England.