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...European banks must brace themselves for rising insolvencies, greater geopolitical risks and upheaval in energy-intensive industries, the eurozone’s new chief banking supervisor has warned....
...Global financial supervisors are increasingly focusing on the risks arising from the shadow banking sector, which includes pension funds, family offices, trading houses and insurance firms....
...UK home rental prices rose at a record pace in the year to March while house prices fell, according to official data on Wednesday that underscores the impact of high borrowing costs on landlords and tenants...
...UK rental costs rose at a record pace in February, while house prices stabilised, according to official data....
...Box office collections rose to a record Rs122bn ($1.5bn) in 2023, according to data from consultancy Ormax Media....
...Far from being one of the “unknown unknowns” that Buch, as the eurozone’s new chief banking supervisor, wants banks to prepare for, increasing interest rates are a natural consequence of quantitative easing...
...The jump in average private rents in the year to March marked the biggest annual percentage change since the Office for National Statistics began collecting data in 2015....
...The issue of remote access is key to the postmasters’ defence, who claimed they could not be held solely responsible for accounting losses as records could be altered by third parties, which the Post Office...
...Remote access was a central part of the arguments put forward by sub-postmasters, who claimed they could not be held solely responsible for accounting losses because the records could be altered by third...
...The tax burden is set to rise to a record high despite the tax cuts announced on Wednesday, according to the Office for Budget Responsibility....
...Citadel, which manages roughly $61bn, made a record $16bn in profit for investors in 2022, according to research from LCH Investments....
...The world of work UK statisticians are threatening to strike over an order to go back to the office....
...One factory supervisor told his superiors he was worried about corner-cutting....
...“We believe that the CEO’s service on the FRB San Francisco board of directors created an appearance of a conflict of interest for the system,” the IG’s office wrote in Thursday’s report....
...The UK Met Office data shows the meteorological winter from the start of December 2023 to the end of February 2024 was among the wettest on record, despite January’s rainfall being 3 per cent less than average...
...In its annual update to the basket of goods and services used to track price growth, the Office for National Statistics added 16 new items to the list of more than 700 deemed representative of what consumers...
...According to the Met Office, England has just experienced its wettest 18 months since 1836....
...“Stunned by this revelation,” the SEC said, Loudon’s wife reported it to her supervisor at BP and was put on administrative leave....
...Trinder and other sub-postmasters have said the current version of Horizon still flags non-existent shortfalls, while individuals found it difficult to dispute figures because of opaque records and a lack...
...Bitcoin maintained its new record high for all of two hours, before dropping from $69,000 to $62,000....
...On Wednesday, Hollinrake defended the decision to appoint Staunton, arguing that he arrived with a “very strong record” having served on a number of boards....
...Narendra Modi’s government has promised to increase spending on railways, airports and other infrastructure to a record level and touted its economic achievements as it unveiled its final interim budget...
..., but would not change the number or type of supervisors....
...decisions and conversations that shaped government policy in the 2010s onwards than they do of the governments of Margaret Thatcher, John Major or of Tony Blair, who got his first mobile after leaving office...
...One ally of Badenoch said: “The long-standing issues around the Post Office’s finances are a matter of public record and do not include postmaster compensation, which is being fully funded by the government...
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