BoE Flags Hedge Funds, Private Credit & AI Bubble as Risks
The Bank of England warns of growing risks from hedge fund bets on UK debt, a $2 trillion shadow banking sector, and an AI stock bubble. Discover the key threats to financial stability.
The Bank of England warns of growing risks from hedge fund bets on UK debt, a $2 trillion shadow banking sector, and an AI stock bubble. Discover the key threats to financial stability.
Investors have withdrawn over £10bn from UK equity funds in six months, a record outflow driven by Budget uncertainty. Analysis reveals the prolonged sell-off's impact.
The Victorian government announces a major public sector overhaul, aiming to cut 4,000 jobs and save $2.3bn. Find out which departments are affected and the impact on services.
The Bank of England warns leveraged hedge funds pose a major threat to UK bond stability. Discover the risks and the central bank's planned response to safeguard finances.
London's iconic Carnaby Street could be transformed by a major public realm revamp. Shaftesbury Capital's plans include new signage, lighting, and a return to its historic roots. Have your say in the consultation.
The Labour government faces criticism after failing to adopt key recommendations from its own review into public sector appointments. Read the full analysis of the political fallout.
Long-Term Asset Funds are gaining traction with wealth managers as Carne Group's CEO reveals growing interest. Discover how these vehicles could reshape investment strategies.
Treasurer Jim Chalmers confirms departments must identify savings from low-priority spending, denying major job cuts while facing Coalition criticism over election promises.
Chancellor Rachel Reeves faces budget crisis as borrowing hits £17.4bn in October. Growth Commission proposes £105bn spending cuts to break economic 'doom loop'. Read analysis.
Nicolas Sarkozy reveals prison ordeal in new book 'A Prisoner's Diary' detailing his 20 days in solitary confinement. Read exclusive extracts about his experience.
Families bereaved by Covid demand Boris Johnson lose ex-PM privileges after damning inquiry finds his delays cost thousands of lives. Read the full story.
Westminster Council plans to convert Broadwick Street's former public toilet, once labelled the UK's top cottaging spot, into retail or café space despite local opposition over toilet provision.
A former Soho toilet, once notorious as a 'cottaging' spot, is set for a new life as a café or shop. Westminster Council's plan faces criticism over the area's lack of public facilities.
LionTrust Asset Management reports 45% profit drop in H1 2024, launching strategic cost-cutting initiative targeting £1.5m annual savings amid market challenges.
Florida representative Sheila Cherfilus-McCormick faces federal charges for allegedly funnelling disaster relief money into her congressional campaign. Read the full indictment details.
Asset managers are pulling back from dark green fund launches as regulatory uncertainty and high costs bite. Discover why sustainable investment faces headwinds.
London's smaller hedge funds face mounting pressures from rising operational costs and investor outflows. Discover why industry consolidation threatens their survival.
John Oliver exposes the dire consequences of Republican-led defunding of US public media, threatening local news and emergency services. Discover why this matters.
Hundreds of thousands gathered in Manila's Rizal Park demanding transparency after an audit revealed billions in flood defence spending showed significant irregularities.
Over half a million Filipinos clad in white T-shirts flooded Manila's streets protesting corruption scandals involving billions in missing flood mitigation funds. Join the movement for accountability.
Chancellor considers forcing pension funds to invest in UK firms, but experts warn voluntary approach with tax incentives would work better. Key decision expected in two weeks.
A London bus driver shares his harrowing experience of being violently attacked while on duty, highlighting the growing safety concerns for public transport workers across the capital.
Shocking incident during presidential event in Mexico City sparks nationwide fury and demands for justice as security forces detain perpetrator.
A convicted sex offender was mistakenly released from Thameside Prison in what authorities are calling a 'serious administrative error', sparking urgent police investigations and public safety concerns across East London.
Shocking scenes across multiple UK cities as organised groups of masked youths attack police with fireworks and set vehicles ablaze in coordinated nighttime violence.
Donald Trump's controversial pick to oversee America's public lands faces intense scrutiny as environmental groups warn of 'fox guarding henhouse' scenario.
Ex-constable Nicole Short speaks out for the first time since the 2015 custody death that sparked major public inquiry and racial justice protests across Scotland.
A major political crisis erupts as the prison early release scheme descends into chaos, with dangerous offenders mistakenly freed and ministers accused of catastrophic failures.
England's prison system faces scrutiny after a second dangerous inmate is mistakenly released, exposing critical failures in security protocols and inmate management.
The family of Sheku Bayoh has launched a scathing attack on the Scottish Police Federation after it defended officers involved in the 2015 custody death, calling their position 'deeply offensive' ahead of a landmark public inquiry report.