Bank of England Governor Andrew Bailey called for the world's financial powers, led by the United States and China, to avoid economic nationalism in a speech released three days before Donald Trump is due to be sworn in as U.

The Bank of England said Friday it will delay implementing rules designed to prevent a 2008-style financial crisis as it awaits clarity on how they will be enforced in the US under Donald Trump.

The Bank of England said on Friday it would delay tougher bank capital rules by a year to January 2027 to get clarity on what the United States will do under Donald Trump as president, prompting the European Union to say it would also weigh its options.

So Donald Trump takes office buoyed up by the hugely confident business sector. Its leaders have been quick not only to voice support but also to trim their policies to fit the new political wind in Washington. Several gave donations, and he has hired one, Elon Musk, to try to streamline the federal bureaucracy.

Amid concerns that Trump could pull the US out of Nato unless other member states start to pull their weight, the defence secretary John Healey insisted that the incoming president was “rightly pushed European nations to do more to fund” the alliance.

The money paid by the the UK government for its own borrowing is getting more expensive as Donald Trump's return to the White House looms.

VANCOUVER: Mark Carney, the first non-Brit to run the Bank of England since it was founded in 1694 and the former head of Canada’s central bank, said Thursday he is entering the race to be

In a sparsely worded post on the social media platform X, the former finance minister and deputy prime minister said simply that she's "running to fight for Canada."

The one-year delay to January 2027 applies to Basel 3.1 rules, the final set of international banking reforms enacted to ensure banks could withstand financial shocks without being bailed out by taxpayers. The decision would allow "more time for greater clarity to emerge around its implementation in the US," the BoE said in a statement.

U.S. Focus will fall on Trump’s inauguration. Monday is a public holiday in the U.S. but policy announcements are widely expected to result in volatility across financial market

Donald Trump is expected to elevate Michelle Bowman, a fifth-generation community banker and current Fed governor, as the government’s most influential banking regulator.