571
How ECB dodged a payment disaster in 10 hours of tech meltdown
The European Central Bank’s payments crash last week meant salaries and welfare funds were delayed for thousands of people. It could have been much worse.
675
ECB lowers interest rates to boost struggling eurozone economy
Fall in inflation enables central bank to bring in quarter point cut to 3.25% after business and consumer slowdown
746
Czech Republic's central bank cuts key interest rate for fifth time
The Czech economy grew by 0.2% year-on-year in the first quarter of 2024, and increased by 0.3% compared with the last three months of the previous year
1326
'Tell your bank' as money mistake may leave you unable to pay on holiday
Two common mistakes by UK holidaymakers can leave you unable to pay in shops and restaurants in France, Spain and other destinations
426
Inflation increased in Europe in May, but central bank still set to cut rates
Inflation ticked up to an annual 2.6% in Europe in May, according to official figures, but this is unlikely to stop the European Central Bank from making a first interest rate cut next week
610
Czech central bank cuts interest rate for third time as inflation falls
This decision comes at a time when major central banks worldwide are debating when to start reducing borrowing costs
826
Bank of Japan ends negative interest rate policy, opting for first hike in years
The bank has an inflation target of 2% that it used as a benchmark for whether Japan had finally escaped deflationary tendencies
1458
Europe's largest economy is in 'troubled waters' and cuts its growth forecast
Germany has slashed its growth forecast for this year as it struggles with a lack of skilled labor, excessive bureaucracy, high interest rates and lagging investment in new projects
581
Fears of another financial crisis remain despite £45bn Credit Suisse lifeline
The Swiss giant went cap-in-hand to the country’s central bank to shore up its finances. Experts called it a vital intervention to stem fears about banking system
924
Silicon Valley Bank collapse is worry for every Brit - your questions answered
More than £50billion was wiped off the value of Britain’s 100 biggest listed firms as the failure of tech sector lender Silicon Valley Bank spooked stock markets. Here's what you could you expect next
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