The government is now no longer the largest shareholder in Lloyds Bank the Treasury announced this morning, saying it had now recovered more than £18bn of the £20.3bn injected into the...
The government has now recovered over £17.5bn of the £20.3bn of taxpayers’ money injected into Lloyds during the financial crisis, the Treasury has announced.
The government has now recovered over £17bn of the £20.3bn of taxpayer money injected into Lloyds bank during the financial crisis, it has been announced.
The government has confirmed plans to abolish the 223-year-old Public Works Loan Board and transfer its functions for lending to local authorities to the Treasury.
The Treasury sold assets of the old Northern Rock bank without a business case, failed to consider the buyer’s tax domicile and ignored a bank’s conflict of interest, according to a review by the...
Chancellor Philip Hammond has launched a further sale of mortgage assets from the former Bradford & Bingley bank, which was nationalised in 2008 at the peak of the financial crisis.
Government plans to offer shares in Lloyds Banking Group to the public have been scrapped after chancellor Philip Hammond said that ongoing market volatility means it is “not the right time for a...
The UK has lost its triple-A credit ratings from all major agencies after Standard and Poor’s downgrade following the vote to leave the European Union.
The International Monetary Fund has called for the UK’s decision to leave the European Union to be respected and for the exit process to be conducted smoothly.
Vince Cable has been there, done that, delivered the economic warnings. Now the former coalition business secretary is predicting more turbulent weather ahead
Almost one in four board directors of UK financial services firms are women, although only one in seven executive committee members are female, research has revealed.
Facts and figures from April 2016’s Public Finance magazine, including town vs country priorities, interest rates, Northern Powerhouse prospects and Danish asylum seizures
English universities are set to increase borrowing levels in order to mitigate government funding reductions and to upgrade facilities, an analysis of the financial health of the sector by credit...
Cambridgeshire County Council has become the first local authority to approve the operating framework for the UK Municipal Bond Agency, meaning it could form part of the first bond issue.
The North of England could play a major and growing role in the UK’s financial services industry, according to Northern Powerhouse minister James Wharton.
