Bank of England cuts UK interest rates to 3.75% in 5-4 voting split – business live
Rolling coverage of the latest economic and financial news, as Bank of England governor Andrew Bailey switches vote – allowing rate cut today UK inflation falls sharply to 3.2% amid slowdown in food price rises Back in the City, shares in hotel group Whitbread have jumped by 5.5%
Read MoreUK economy shrank unexpectedly before budget, data shows
GDP fell by 0.1% in October as activity failed to regain momentum after cyber-attack on Jaguar Land Rover Business live – latest updates Britain’s economy shrank unexpectedly in October as consumers held back on spending before Rachel Reeves’s budget, and car manufacturing struggled to recover from the cyber-attack
Read MoreRebuttals And Responses To Lingering Gloom About AI
Rebuttals And Responses To Lingering Gloom About AI Authored by Arthur Schaper via Americsan Greatness, In a previous article, I outlined two concerns regarding the rise of AI. One deals with the Doom, i.e., safety concerns. No one has challenged me on this aspect, and now, with the rise
Read MoreAppeals Court Blocks Hawaii’s Climate Change Tourist Tax On Cruise Ships
Appeals Court Blocks Hawaii's Climate Change Tourist Tax On Cruise Ships Authored by Zachary Stieber via The Epoch Times, A federal appeals court on New Year’s Eve blocked Hawaii from enforcing a new tax on cruise ship passengers, one day before it was set to go into effect.
Read MoreRussia Requests Trump Admin To Stop Pursuit Of Oil Tanker In Atlantic Basin
Russia Requests Trump Admin To Stop Pursuit Of Oil Tanker In Atlantic Basin The U.S. State Department received a request from Russia on New Year's Eve to stop pursuing an oil tanker in the Atlantic Basin linked to a dark-fleet network that ships Venezuelan crude, according to a
Read MoreMSM Panics After Nick Shirley Bombshell As CBS Pledges To Start Reporting Real News
MSM Panics After Nick Shirley Bombshell As CBS Pledges To Start Reporting Real News CBS News anchor Tony Dokoupil addressed viewers in what appeared to be a pre-recorded promotional segment aimed at repairing more than a decade of reputational damage and announcing changes to the program. He acknowledged
Read MoreMotor insurance pricing and local area ethnicity
The consumer group Citizens Advice has raised concerns that individuals from minority ethnic backgrounds are paying £307 on average more for their motor insurance.We committed to examining the concerns raised by Citizens Advice and looking in more detail at whether specific customer groups pay more, including those from
Read MoreStablecoin payments a priority for 2026 as FCA outlines growth achievements
The FCA has set out ambitious new growth measures for 2026 including supporting UK-issued stablecoins to provide faster and more convenient payments. To enable firms to experiment with the issuance of stablecoins, the FCA will open its regulatory sandbox for safe testing and to support innovative policy development.In
Read MoreStatement on China’s military drills: December 2025
The FCDO has issued a statement in response to the latest Chinese military exercises around Taiwan. HM GovernmentSource
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