UK banks suffer sell-off over fears of tax rises
Labour insider downplays prospect of new levy on lenders
Economic news
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US tech stocks drop as AI uncertainty knocks chip groups
Marvell Technology and Nvidia shares slip after earnings disappoint investors
Directors’ Deals: AJ Bell chief executive takes advantage of share price rise
Assets under administration are up more than 14 per cent
Stockpickers: Hochschild Mining, Boohoo, Bunzl
Our experts discuss which companies to buy, sell or hold this week
Core inflation rate rose to 2.9% in July, as expected, key Fed measure shows
The personal consumption expenditures price index was expected to show core inflation at 2.9% and headline inflation at 2.6%.
German inflation rises to hotter-than-expected 2.1% in August
Markets and economists are closely watching inflation figures around the world to assess the impact of U.S. President Donald Trump’s tariff policies.