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Government wishes to sell shares in URENCO

The Dutch government wishes to sell its interest in URENCO, which provides uranium enrichment services for nuclear power producers. The Cabinet has agreed to this intention. The sale of the Dutch shares in URENCO can only take place, when the public interest in terms of non-proliferation, nuclear safety

Deep in the vaults: the Bank of England’s £1.4bn Venezuelan gold conundrum

Nicolás Maduro’s seizure by US reopens question of who controls country’s reserves held in the UK Trump suggests US taxpayers could reimburse oil firms Business live – latest updates Venezuela live – latest updates Deep under London’s streets, thousands of miles from Caracas, Nicolás Maduro’s seizure by the

UK credit card borrowing rises at fastest annual rate in almost two years

Bank of England says individuals borrowed extra £2.1bn in consumer credit in November Business live – latest updates Credit card borrowing rose at the fastest annual rate for almost two years in November, according to the Bank of England, as households took on debt to finance the rising

Dutch minister of Finance makes offer for compensation due to the nationalisation of SNS REAAL

The Dutch minister of Finance makes an offer for compensation due to the expropriation of shares and subordinated debt of SNS REAAL and SNS Bank. The offer amounts to €0,- for both the expropriated shares as well as the subordinated debt. Source

UK economy entering 2026 amid sharp private sector downturn, says CBI

Business lobby survey finds firms ‘put brakes on key spending decisions’ before autumn budget Heather Stewart: Four reasons to be cheerful about UK plc in 2026 Wes Streeting urges closer EU trading ties to grow economy UK failure to seal EU tax exemption hands firms pile of paperwork

State of the Netherlands nationalises SNS REAAL

The Minister of Finance, in close consultation with De Nederlandsche Bank (DNB), has nationalised SNS Reaal. Savings deposits of clients are secure and the service provision of SNS REAAL has been safeguarded. The intervention has averted grave threats to financial stability and the economy. Source

More UK interest rate cuts expected in 2026 after Bank of England lowers borrowing costs to near three-year low – as it happened

Rolling coverage of the latest economic and financial news, as Bank of England governor Andrew Bailey switches vote – allowing rate cut today Bank of England cuts interest rates to 3.75% in pre-Christmas boost for struggling economy Back in the City, shares in hotel group Whitbread have jumped

Narrow Bank of England vote puts end of interest rate-cutting cycle in sight

Another reduction expected next year but monetary policy committee is deeply divided over inflation prospects Bank cuts rates to 3.75% Business live – latest updates Rachel Reeves has reason to be cheerful. After last month’s budget, the Bank of England cutting interest rates will come as an early

Bank of England cuts interest rates to 3.75% in pre-Christmas boost for struggling economy

Rate-setters back quarter-point cut after steep fall in inflation and weak economic data but vote remained close Business live – latest updates The Bank of England has cut interest rates by a quarter point, giving a pre-Christmas boost to the struggling UK economy, but a split vote among

Bank of England cuts UK interest rates to 3.75% in 5-4 voting split – business live

Rolling coverage of the latest economic and financial news, as Bank of England governor Andrew Bailey switches vote – allowing rate cut today UK inflation falls sharply to 3.2% amid slowdown in food price rises Back in the City, shares in hotel group Whitbread have jumped by 5.5%

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