Top City watchdogs drop new diversity and inclusion rules for firms
FCA and Bank of England’s PRA join retreat from efforts to help underrepresented groups, citing ‘regulatory burdens’ Peers working for City firms dominate Lords scrutiny panel FCA scraps plan to ‘name and shame’ UK firms under investigation Business live – latest updates The City’s top two regulators have
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Bank of England in no hurry on interest rates – but cuts will come
Despite the decision to hold at 4.5%, businesses and households can take a confident view of the UK’s prospects Bank of England says companies freezing hiring plans as it keeps interest rates on hold Bank of England policymakers might be on a “go-slow” as they look forward to
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Bank of England says companies freezing hiring plans as it keeps interest rates on hold
Rate-setting committee also points to mounting global uncertainty as it pauses its cycle of reductions Business live latest updates The Bank of England has said UK businesses are freezing their hiring plans in response to Rachel Reeves’s tax increases and to mounting global uncertainty as it kept interest
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UK pay growth remains high, making interest rate cut less likely
Unemployment was level in January, but has risen over the past six months Business live latest updates Pay growth remained high at 5.8% in the three months to January, according to official data, maintaining the pressure on Bank of England policymakers to keep interest rates elevated when they
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Coalition of the Willing: Joint UK-France statement following 10 April meeting
A statement from Defence Secretary John Healey MP and Defence Minister Sébastien Lecornu following the meeting of the Coalition of the Willing on 10 April 2025. HM GovernmentSource
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The UK remains steadfast in our commitment to gender equality, human rights and the Sustainable Development Goals: UK statement at the 58th session of the Commission on Population and Development
Explanation of position by Tara Soomro, UK Ambassador to ECOSOC, at CPD58. HM GovernmentSource
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PM statement on British Steel: 11 April 2025
Prime Minister Keir Starmer's statement on British Steel. HM GovernmentSource
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Fear of a tariff ‘Trumpcession’ puts pressure on Bank and Fed over interest rates
A trade war could push up inflation when both the UK and US economies really need cheaper borrowing. So what’s a central bank to do? Monetary policymakers on both sides of the Atlantic will be considering how seriously to take Donald Trump’s threats of an all-out trade war
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Bank of England says AI software could create market crisis for profit
Concern grows over programs deployed to act with autonomy that may ‘exploit weaknesses’ Business live – latest updates Increasingly autonomous AI programs could end up manipulating markets and intentionally creating crises in order to boost profits for banks and traders, the Bank of England has warned. Artificial intelligence’s
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