Tue, 21-Oct-2025

Henan: China to repay customers after mass bank protests

Henan

A total of 39 billion yuan in deposits are thought to have been frozen by rural banks. Payments will start to be made in phases on Friday, regional regulators announced. Some Chinese social media users have criticised the announcement. Authorities in the Henan province of China have announced that they will begin releasing money to … Read more

We’re not blocking post-Brexit freedoms, says Bank

Post-Brexit

UK regulators are blocking billions of pounds in post-Brexit investment. Some worry that it could undermine the Bank of England’s independence. PRA chief says potential to reshape insurance regulation is once-in-a-generation occurrence. A significant financial watchdog has responded to accusations that it is preventing billions of pounds in UK investment by not utilising post-Brexit freedoms. … Read more