Finance News

The London Stock Exchange (LSE) is turning to the technology behind cryptocurrencies in an attempt to revive the ailing market.

Aug 31 () - Britain on Monday ramped up pressure on shadow financial systems underpinning Russia's war economy, doubling penalties for sanctions breaches, the UK ‌Treasury said. "We are ramping up the economic pressure on Putin and ‌leaving those aiding his illegal war with nowhere to hide," British finance minister John Healey said in ​a statement released as he attends his first G20 in North Carolina.

Sky News has obtained a letter sent to the prime minister by the Retail Jobs Alliance (RJA), a coalition of food and general merchandise chains which collectively employ nearly 1 million people in the UK. In its letter, which was sent last week, the group said any move to hike the higher business rates multiplier for stores with a rateable value above £500,000 would undermine its members' ability to maintain lower prices for consumers.

Federal Reserve governor Michael Barr said Tuesday that if inflation doesn't come down adequately, the central bank should raise interest rates.

By David Lawder ASHEVILLE, North Carolina, Aug 31 (Reuters) - U.S.

By Gleb Bryanski MOSCOW, Sept 1 (Reuters) - The Russian economy runs a risk of going "berserk" if it is run to focus entirely on the needs of the military-industrial complex, President Vladimir

Roughly one in three workers over 50 remain undecided on how to access their pension savings, a new survey found

The earlier people consider their retirement income needs, the more choices and confidence they will have, Scottish Widows said.