Bank of England raises alarm over surge in high-risk lending
The Bank of England has issued a stark warning over the rapid growth in lending to indebted companies around the world, drawing parallels with the US sub-prime mortgage market that triggered the 2008...
Italian deputy PM threatens to sue EU boss over budget criticism
The Italian deputy prime minister, Matteo Salvini, has threatened to sue Jean-Claude Juncker for damages, accusing the EU president of pushing up Rome’s cost of borrowing by likening Italy to Greece.
Salvini, who is...
Italy's budget drama – all you need to know
Why all the excitement about the Italian budget?
The financial markets are het up about events in Rome for three reasons. First, Italy is the third biggest economy in the eurozone after Germany and...
Money for nothing? Dire Straits launch back catalogue bond
First it was David Bowie selling his own “Bowie bonds”, and now fans of Dire Straits are being given the chance to invest in the band’s multimillion-selling back catalogue.
A new investment scheme has...
UK bookies beware: US will look after its own in betting revolution
The estimate that $150bn-worth (£110bn) of sports bets are placed illegally in the US every year may be exaggerated but nobody doubts the true figure is enormous. That it is why it is...
The Guardian view on QE: the economy needs more than a magic money tree...
When running for the Labour leadership, Jeremy Corbyn wanted a “people’s quantitative easing” to boost the economy. It was frostily dismissed in 2015 as being forbidden by provisions in the Lisbon treaty. If...
May considers banning City of London from selling Russian debt
Theresa May has agreed to look into imposing a ban on the City of London from helping Russia to sell its sovereign debt, which prop ups the Russian economy.
Last month, City clearing houses,...
How economies could insure themselves against the bad times | Robert Shiller
The time has come for national governments around the world to start issuing their debt in a new form, linked to their countries’ resources. GDP-linked bonds, with coupons and principal that rise and...
What will Philip Hammond say in his spring statement?
For years Britain has had not one annual budget but two. The real deal – the one where the chancellor stands outside 11 Downing Street with his little red box – has been...
FTSE 100 moves higher as Dow recovery continues but investors remain cautious – as...
Automated technology brings significant benefits to investors, including increased execution speed and reduced costs. However, it can also amplify certain risks. It is essential that key oversight functions, including compliance and risk management,...