Trump tariffs likely to drag down weak UK growth, Bank policymaker warns
Sarah Breedon says too early to judge impact on inflation of ‘most significant change in trade policy in a century’ Business live – latest updates UK economic growth will be hit by US tariffs, which are the biggest trade policy change in a century, a senior Bank of
Read More
Barclays cuts rates on some mortgages to below 4% amid US tariffs turmoil
Bank is largest UK lender to cut rates in apparent response to turbulence, and experts predict others will follow Business live – latest updates Barclays has become the largest UK lender so far to cut its mortgage rates in apparent response to the financial turmoil sparked by the
Read More
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
Read More
Trump tariffs threaten global growth and raise risk of ‘severe shocks’, says Bank of England
Levies have heaped pressure on government finances and increased chance of ‘further sharp correction’, report warns Trump imposes new tariffs on dozens of partners, sparking fresh market turmoil Business live – latest updates Donald Trump’s sweeping tariffs have put global growth at risk, the Bank of England has
Read More
Bank ‘should cut UK interest rates to at least 4% in May amid tariff turmoil’
Ex-Bank of England deputy governor Charlie Bean says cut of 0.5 points needed because of ‘crazy situation’ in US The Bank of England should use its meeting next month to cut interest rates by at least half a percentage point to 4% in response to the financial turmoil
Read More
Regulator updates guidance to help charities open up opportunities for new trustees
The Charity Commission has refreshed its guidance on recruiting trustees (CC30). HM GovernmentSource
Read More
Great British Energy funding boost for Scottish communities
£4m Great British Energy funding scheme to target clean energy projects in Scottish communities. HM GovernmentSource
Read More
Boost for British green aviation fuel production to support jobs and lift off emerging industry
New sustainable aviation fuel (SAF) measures will support aviation expansion and meet decarbonisation goals. HM GovernmentSource
Read More
Tens of thousands more patients receiving crucial scans quicker
More people were seen faster for scans including endoscopies, ultrasounds, and MRIs HM GovernmentSource
Read More
The UK calls on Israel to lift its block on aid: UK statement at the UN Security Council
Statement by Ambassador Barbara Woodward, UK Permanent Representative to the UN, at the UN Security Council meeting on the humanitarian situation in Gaza. HM GovernmentSource
Read More