The Bank of England could take interest rates to zero and unlock another £280bn of quantitative easing if the economy slows in the wake of the Brexit vote.
The pound has sunk to a three-year low against the euro on worries over the UK’s prospects outside the EU, after the government set a timetable for Brexit negotiations and fanned fears it would go for a deal that leaves Britain excluded from the single market.
For chancellors of the exchequer, annual International Monetary Fund meetings have not always been the happiest of occasions.
Oil and share prices rose after Opec members struck a deal to limit crude output for the first time since 2008, in an attempt to ease a global glut that has more than halved crude prices in the past two years.
The UK has surged to seventh place in a highly-influential ranking of the world’s most competitive economies.
A post-Brexit Britain could become “highly attractive” to foreign investors put off by conditions inside the European Union, according to the head of Europe’s largest newspaper publisher.
Homes listed for $100 million or more are piling up fast, but sales have ground to a halt, leading some to call a top in the very top of the real estate market.
Britain’s vote to leave the EU has had little immediate impact on people’s spending habits, according to new figures that suggest more money was splashed out on clothes, meals out and day trips in July.
The Federal Reserve’s decision not to increase rates in September was a close call, the minutes released on Wednesday show.
The sharp drop in the pound has attracted tourists to the UK on shopping sprees, driving a jump in tax-free spending by overseas visitors, according to industry figures.
JPMorgan's David Kelly says the economy is strong enough to withstand a hike.
BNP Paribas Securities Services has announced the appointment of Alexandra Ricciardi in New York as head of product development for collateral services, North America.
The sun shone.