The Bank of England launched on Tuesday a new financial stability tool that insurers and pension funds can use during periods of turbulence in Britain's government bond market.

The Bank of England must contend with a slowdown in Britain's economy but also stubborn inflation pressures when it considers whether to cut interest rates in early February as well as its message about the outlook for the rest of the year.

The Bank of England on Tuesday announced a new emergency measure to deal with debt-market instability like that seen during Liz Truss’s brief tenure as prime minister in 2022.

A Londoner has broken a Guinness World Record by visiting 42 museums in a single day after being inspired by his children

Mark Carney was the first non-British person to become governor of the Bank of England in its more than 300-year history when he took the job in 2013. He had previously worked at the investment bank Goldman Sachs, and served as the governor of the Bank of Canada, the country's central bank.

The disappointing retail data adds to the dim economic picture in the U.K. and to the challenges facing Finance Minister Rachel Reeves.

London was the only UK region to see house price falls in the year to November, according to the latest figures from the Office of National Statistics (ONS). Property prices in the capital dropped 0.1 per cent to an average of £511,000 in November, a slight improvement on the 0.4 per cent fall recorded in October.

Geoffrey Bell, who has died aged 85, was a globetrotting financial adviser and the founder of the Group of Thirty, an elite international assembly of economists and monetary experts.

LONDON (WKRC) - A man was sentenced after he used locker codes belonging to gym members to gain access to their bank accounts. According to PEOPLE, 35-year-old Declan Murphy of Bromley, England was sentenced after he stole locker pins and used them to get into multiple bank accounts.

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The FTSE 100 ( ^FTSE) and European stocks were mixed on Tuesday, after a panicked day in markets as tech investors digested the release of DeepSeek's R1 AI model, which has left industry watchers questioning lofty valuations of chip firms.

A London man took an educational tour of his home city and broke a Guinness World Record by visiting 42 museums in 24 hours.