Financial crisis

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What’s the true value of crypto? It lays bare the lies of libertarians | Zoe Williams
The downfall of the FTX cryptocurrency exchange proves how much markets need rules, writes Zoe Williams

Zoe Williams

17, Jan, 2023 @7:00 AM

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UK firms less likely to borrow than at any time since financial crash
Demand for credit is waning among UK’s leading companies, according to accountancy firm Deloitte

Gwyn Topham

03, Jan, 2023 @7:31 AM

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£1.1bn in fees, 3.1m hours, 14 years: the UK cost of winding up Lehman Brothers
PwC, administrator of Lehman’s London arm since bank’s failure in 2008, secures three more years to finish process

Kalyeena Makortoff Banking correspondent

28, Dec, 2022 @6:00 AM

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Bank of England to stress test hedge funds and private equity lending
Central bank to examine shadow banking sector amid fears it could put UK financial stability at risk

Kalyeena Makortoff Banking correspondent

13, Dec, 2022 @5:17 PM

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Revealed: the £30bn cost of Liz Truss’s disastrous mini-budget
Analysis shows former PM was responsible for half of the Treasury’s £60bn fiscal hole as chancellor prepares to announce cuts in Thursday’s budget

Toby Helm and Phillip Inman

12, Nov, 2022 @8:02 PM

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Is the IMF fit for purpose?
The long read: As the world faces the worst debt crisis in decades, the need for a global lender of last resort is clearer than ever. But many nations view the IMF as overbearing, or even neocolonial – and are now looking elsewhere for help

Jamie Martin

01, Nov, 2022 @6:00 AM

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May I have a word about… why the market is always spooked | Jonathan Bouquet
I know we are in volatile financial times but let’s at least have a bit of linguistic variation

Jonathan Bouquet

09, Oct, 2022 @9:00 AM

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‘Pro-growth’ government has only made a UK recession more likely | Larry Elliott
Thanks to Truss and Kwarteng, the country is now far riskier for the investors who finance our trade and budget deficits

Larry Elliott

02, Oct, 2022 @10:53 AM

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How Liz Truss plunged the UK to the brink of recession in just one month
The new prime minister began September promising a ‘new era’ for Britain. One economic crisis later, she has delivered

Heather Stewart and Aubrey Allegretti

30, Sep, 2022 @8:16 PM

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Serco injected £60m to prop up pension fund after market meltdown
£1bn scheme is the latest to scramble to raise cash after Kwarteng’s tax-cutting mini-budget sparks turmoil

Kalyeena Makortoff Banking correspondent

30, Sep, 2022 @6:28 PM

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Bond yields and doom loops: glossary of key terms to explain UK turmoil
Your one-stop shop for all the jargon you’ve been reading since Kwasi Kwarteng’s mini-budget

Larry Elliott Economics editor

29, Sep, 2022 @5:25 PM

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What is the banker bonus cap and could scrapping it boost growth?
Chancellor may lift EU-era restriction in hope of making UK more attractive to financial sector

Kalyeena Makortoff Banking correspondent

15, Sep, 2022 @5:41 PM

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