The FCA's supervision of LC&F is finally being investigated. About time too

The London Capital & Finance scandal, in which the now-infamous investment firm collapsed owing £236m to 11,000 people, may be one of the worst regulatory failures on the watch of the Financial Conduct...

Wagamama is a tasty dish, but surely not at any price? | Nils Pratley

A majority of 60.4% in favour of a bet-the-farm corporate deal counts as a lukewarm endorsement. A country can leave the European Union (maybe) on less but companies normally regard anything under 90%...

IFS says Hammond's budget is gambling with public finances

Philip Hammond has taken a “gamble” on the future health of the public finances by using better short-term borrowing figures to raise spending on the NHS, according to Britain’s leading tax and spending...

Is austerity in the UK really over after 2018's budget?

Philip Hammond knew what he had to do. With Theresa May sitting behind him, the chancellor’s job was to put flesh on the bones of the prime minister’s promise to the British public...

UK government borrowing target back on track

Philip Hammond’s plan to bring down the government’s annual borrowing was back on track last month after a blowout in August that knocked the chancellor off course. Public sector net borrowing in September, excluding...

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...