All news on the topic: Financial crisis
731
Britain’s leadership chaos becomes routine as another PM faces collapse
The weirdest thing about weeks like the last one in Westminster is ... they don’t feel that weird anymore.
592
NHS faces service cuts and job losses as two-thirds of trusts warn of financial crisis
Almost two-thirds of NHS organizations have reported in a survey that they anticipate cutting or reducing services this year, while more than half expect to cut jobs.
706
Investors rush to exit private credit funds amid fears over AI and ageing buyouts
Big groups including Apollo, Ares, and Blackstone faced redemption requests at the start of 2026.
639
Rachel Reeves under fire as fears grow of looming global economic meltdown
The world is on the verge of a financial crisis. Someone should alert our oblivious Chancellor.
746
Alba party to fold after mounting debts and police finance probe
The Alba party has announced that it will dissolve and will not put forward any candidates for the 2026 Scottish parliament election.
662
“A lapse in judgment”: Peter Mandelson responds as police review Epstein payments and confidential emails
Lord Peter Mandelson has insisted Jeffrey Epstein’s money did not influence his actions in office as the police assess his links with the disgraced financier.
845
Bank of England cuts interest rates to 3.75% and signals further falls
The base interest rate was cut from 4% to 3.75% on Thursday, as Economics Editor Joel Hills reports.
910
Bonuses from bankruptcy: Thames Water tried to pay hundreds of thousands for “failure”
Environment Secretary makes announcement after the company’s chair said he ’may have misspoken’ to MPs.
1369
Multiple rate rises have impacted first-time buyers greatly, says UK Finance
The number of mortgages handed out to first-time buyers last year was the lowest since 2013, down 22.4% compared with 2022
804
Mum who has paid £91k extra on her mortgage told she 'can't afford' cheaper deal
Rebecca Wendel says her monthly mortgage payments are now £2,150 and with a rate of 9.79%, up from £1,049 in August 2022 when she was paying 6.75%
1003
'We need to wake up to how austerity has made elderly more frail than ever'
Dr Miriam Stoppard says we need to look at frailty, which is defined as a decline in a person’s mental and physical resilience to illness and injury – before any new austerity measures are introduced
1003
Hull KR's Sam Luckley on injury, Sam Burgess and Newcastle season tickets
Scotland prop, 28, is back in action after lengthy foot injury and ready to take on Warrington Wolves
825
House sales slow to 2008 financial crisis levels, says estate agent Foxtons
House sales in London decreased by 22% last year compared to 2022 leaving transaction volumes 'at some of the lowest levels since 2008' the company said
791
Bank of England chief economist says interest rate cut is 'some way off'
Huw Pill, chief economist at the central bank, also warned that the economy is currently weak and said policymakers should not feel a "false sense of security" if inflation falls below the 2% target rate in the coming months
1151
Experts share exactly how latest recession will compare to horrors of 2008
The UK economy fell into recession at the end of 2023, new figures released this month show, but how does it compare to the Great Recession that devastated the nation in 2008?
1394
'Don't blame Rishi for the recession - it's a Tory technicality'
Spending wisely saves lives, says Fleet Street Fox. Wasting billions on PPE deals with your mates does not.
771
NatWest appoints new chief executive as bank reveals highest profit since 2007
The bank reported a pre-tax profit of £6.2 billion for 2023, which is the highest since the £9.9 billion made just before the global financial crisis in 2007
1394
Rishi’s promises to kickstart economy in tatters as UK plunges into recession
There are concerns there will be yet more savage cuts to decimated public services - the Office for National Statistics, on Thursday, said the economy shrank by a worse-than-feared 0.3% in the final three months of last year
1096
Bank of England chief says banks in 'sound health' but share prices a 'puzzle'
Andrew Bailey said the banking system had proved to be more resilient than in the past, but said there was a 'puzzle' over the share prices of major lenders
929
Number of businesses going bust at 30-year high due tough economic climate
The number of company insolvencies hit a 30-year high in 2023 as firms suffered amid high interest rates and cost pressures
673
UK government faces 'bleakest fiscal challenge since 1950s' as tax hikes loom
The next UK government will face one of the toughest fiscal challenges since the 1950s, with sluggish economic growth and high national debt, according to a report by the Institute for Fiscal Studies
1309
The scandal behind Woolworths from bombings to fires and fatalities
Much-loved high street store Woolworths shut its doors for the final time 15 years ago but it fought many dramatic battles to try and survive and there was even loss of life along the way
872
Barbra Streisand says she had stock market 'addiction' and invested in Viagra
The 81-year-old said playing the markets gave her the thrill she craved but eventually toned down her hobby when it became stressful and almost like a full-time city job
1359
One in five councils teetering on brink of bankruptcy in blow to key services
Town halls will have to weigh up hiking council tax or inflicting further cuts if the Government doesn't act urgently to help cash-strapped councils on the verge of bankruptcy
1342
'Alistair Darling was a rare thing - a politician never afraid to speak truth'
Labour former Chancellor Alistair Darling, who turned around the economy following the financial crisis and led the Better Together campaign in Scotland, has died aged 70
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