Francine Lacqua

(Bloomberg) -- Citigroup Inc.'s top banker in the UK wants to see clarity from the government on its plans to unlock private capital for national investment.

Citigroup Inc.’s top banker in the UK wants to see clarity from the government on its plans to unlock private capital for national investment.

The UK’s new Labour government should focus on projects related to climate technology and homebuilding in its multibillion-pound investment push, according to the chief executive officers of two of the country’s largest lenders.

The direction of European Central Bank borrowing costs is clear but the pace at which they’ll be lowered is still to be decided, according to President Christine Lagarde, who didn’t rule out bigger moves.

(Bloomberg) -- The direction of European Central Bank borrowing costs is clear but the pace at which they’ll be lowered is still to be decided, according to President Christine Lagarde, who didn’t rule out bigger moves.Most Read from BloombergClimate Change Is Killing Buildings in Slow MotionHow Kyiv Became a Leader in Digital Services Amid Wartime StrainDrug Decriminalization Spawns a Political Debacle for ProgressivesA Broken Oil Pipeline Plunges South Sudan’s Capital Into ChaosDhaka's Revolut

Bank of England Governor Andrew Bailey briefed Chancellor Rachel Reeves ahead of the UK budget of a potential market reaction because of how investors were positioned.

The Czech central bank governor said global interest rates need to be higher than before the coronavirus pandemic and urged governments to balance their budgets to help keep inflation under control.

(Bloomberg) -- Monetary policymakers should keep interest rates higher than pre-pandemic levels and governments need to exercise discipline to

European Central Bank Governing Council member Olli Rehn said a December interest-rate cut is likely and further reductions are possible, but officials should remain cautious and move step by step.

(Bloomberg) -- European Central Bank Governing Council member Olli Rehn said a December interest-rate cut is likely and further reductions are possible, but officials should remain cautious and move step by step.