Why is the US supporting Argentina’s currency?
The Treasury’s intervention holds risks for Washington
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Fresh selling hits Argentine assets amid worries over US bailout
Peso, stocks and bonds all fall as investors fret over lack of details from Washington on rescue plan
A wholesale change in regulatory philosophy is needed for UK markets
Policymakers may have inadvertently stifled opportunity through a focus on investor protection
Labour not protecting people, economy and homes from climate crisis, watchdog says
Plans to protect UK from extreme weather are inadequate, Climate Change Committee says in scathing assessment
Labour is putting people, the economy and the environment in increasing peril by failing to act on the effects of the climate crisis, the UK’s climate watchdog has said.
Flooding, droughts and heatwaves are all increasing in severity due to climate breakdown, but current plans to protect people, land and infrastructure against extreme weather have been judged inadequate in a scathing assessment of the UK’s preparedness.
Gilt yields steady at one-month high ahead of Budget
Bond investors remain on alert after U-turn on plan to raise income tax
Bank of England backs scheme to put more economics teachers into state schools
Initial training to be offered in north-west England, as report shows disparities in access to the subject
The Bank of England is backing a drive to put more economics teachers into state schools, as a report has revealed young people from disadvantaged backgrounds are the least likely to study the subject.
Targeting students in the north-west of England in its first year, the scheme will aim to overcome huge shortages of teachers across the state sector with the skills to teach economics.