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Financial Policy Committee Record – April 2026

Our Financial Policy Committee (FPC) meets to identify risks to financial stability and agree policy actions aimed at safeguarding the resilience of the UK financial system.

Bank of England News 11d ago

The back-channel bid to go soft on Maduro

When Marco Rubio was named secretary of State, many in both South Florida Republican circles and the American energy industry exulted. But one man who bridged both worlds knew he had a problem. A longtime investor in Venezuela, the main source of crude oil needed to produce the asphalt that had made his family rich, Harry Sargeant III kept relations with top officials in Caracas even as they seized most foreign oil holdings.

Politico EU 2d ago

Like Indonesia, India's central bank may hike rates to defend its currency

India's central bank may defy expectations that it will leave its benchmark interest rate unchanged during its monetary policy decision meeting on Friday. The majority of economists polled by CNBC expect the Reserve Bank of India to keep rates unchanged at 5.25% while signaling a rate hike may only occur towards the end of the year. A minority expect policymakers to act at this week's meeting in a bid to anchor the rupee, which has depreciated to record lows against the dollar.

CNBC 7d ago

India holds rates, ramps up measures to support faltering rupee

India holds rates, ramps up measures to support faltering rupee MUMBAI, June 5 : The Reserve Bank of India held its policy rate steady on Friday and unveiled steps to pull in dollars, seeking to shore up an embattled rupee as the economy grapples with costly oil and foreign outflows. The measures include scrapping capital gains tax for foreign holders of government bonds, sweetening dollar deposit schemes for non-resident Indians, and subsidising hedging costs for offshore borrowing. The...

Channel News Asia 5d ago

Student loans crisis ‘comparable to PPI scandal’, education tsar suggests

Student loans crisis ‘comparable to PPI scandal’, education tsar suggests This year has seen rising criticism of the student loans system after the chancellor announced at the autumn 2025 budget the repayment threshold would be frozen for three years - Bookmark - CommentsGo to comments The situation facing graduates with student loans is comparable to the Payment Protection Insurance (PPI) scandal, the previous chair of a government review into Post-18 education has suggested. Giving...

The Independent UK 8d ago

Failed asylum seekers vanishing due to 'unacceptable' errors, damning report finds

Failed asylum seekers vanishing due to 'unacceptable' errors, damning report finds A report by the cross-party Public Accounts Committee (PAC) has accused the Home Office of losing control of the asylum system and having no clear plan to get people out of hotels A scathing report has found "shocking and unacceptable" errors mean failed asylum seekers are vanishing without a trace. MPs voiced their alarm after the Home Office admitted it knows where the vast majority of those whose...

Daily Mirror 5d ago

Republicans vs. the Fourteenth Amendment

Subscribe here: Apple Podcasts | Spotify | YouTubeIn this episode of The David Frum Show, The Atlantic’s David Frum opens with his thoughts on the Brexit vote, which was cast 10 years ago this month. David explains why Brexit has not only been a failure but has led to years of political instability in the U.K. in the decade following the British vote to leave the European Union. Then, David is joined by Professor David W. Blight to discuss the blood-soaked aftermath of the Civil War and the...

The Atlantic 5h ago

Trump’s DOGE team wanted to declare nearly 3 million living people dead to help drive out migrants, whistleblower claims

Trump’s DOGE team wanted to declare nearly 3 million living people dead to help drive out migrants, whistleblower claims ‘I was shocked. I couldn’t believe what I was hearing,’ the former Social Security Administration employee said - Bookmark - CommentsGo to comments President Donald Trump’s Department of Government Efficiency pushed to declare nearly 3 million living people dead as part of an effort to drive illegal immigrants out of the country, according to a new report. The plan, which...

The Independent World 5d ago

Obama-appointed judge with ties to anti-Trump conspiracy theory hit with misconduct complaint

U.S. District Judge Christopher Cooper is facing a judicial misconduct complaint from a conservative watchdog group, which argues he should have recused himself from a lawsuit involving President Donald Trump’s effort to rename the Kennedy Center. The Center to Advance Security in America (CASA) alleged that Cooper should have bowed out of the case because his wife, Amy Jeffress, has a history of representing what the group described as "anti-Trump" clients. In May, Cooper ruled against...

Fox News 2h ago

Obama-appointed judge with ties to anti-Trump conspiracy theory hit with misconduct complaint

U.S. District Judge Christopher Cooper is facing a judicial misconduct complaint from a conservative watchdog group, which argues he should have recused himself from a lawsuit involving President Donald Trump’s effort to rename the Kennedy Center. The Center to Advance Security in America (CASA) alleged that Cooper should have bowed out of the case because his wife, Amy Jeffress, has a history of representing what the group described as "anti-Trump" clients. In May, Cooper ruled against...

Fox News Politics 2h ago