Lloyd’s of London chief says the government’s Brexit White Paper fails the financial services sector.
Image copyright Getty Images A computer failure at TSB that caused up to 1.9 million people to lose access to online banking services is being investigated by the financial regulator. The introduction of a new IT system in April left customers struggling to make transactions and see their balances. The Financial Conduct Authority (FCA) said […]
Image copyright Getty Images Image caption Ken Rogoff previously said China was the biggest threat A sudden rise in interest rates poses the greatest threat to the global economy, the IMF’s former chief economist has told the BBC. Ken Rogoff, who famously predicted a big bank would collapse during the financial crisis, warned that people […]
The start of the tobacco marketing and selling season has brought in some much-needed hard currency to the Zimbabwean economy. The leaf is the country’s second biggest export after gold and almost all of the annual crop goes to China, South Africa and Germany. But small-scale farmers are not achieving high enough prices for their […]