ESFA Update: 26 March 2025
Latest information and actions from the Education and Skills Funding Agency for academies, schools, colleges, local authorities and further education providers. HM GovernmentSource
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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
Read MoreUK is absolutely committed to securing a just and lasting peace in Ukraine: UK Statement to the OSCE
Politico-Military Counsellor, Ankur Narayan, commends Ukraine as the party of peace for proposing a full, immediate and unconditional ceasefire – and urges Russia to agree to this without further delay. HM GovernmentSource
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Welcome Back to Honduran Chevening Scholars 2023-24
Deputy Head of Mission, Paul Huggins, welcomed the Honduran Chevening Scholars who successfully completed their master's programs at UK universities. HM GovernmentSource
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Chancellor delivers security and national renewal in a new era of global change
Chancellor vows to bring about “new era of security and national renewal” as she delivered a Spring Statement to kickstart economic growth, protect working people and keep Britain safe. HM GovernmentSource
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OBR concludes planning reforms will bring housebuilding to its highest level in 40 years
OBR forecast concludes housebuilding will be at its highest level in over 40 years a result of UK government’s planning reforms by 2029/30 – bringing UK closer to Plan for Growth 1.5 million homes target . HM GovernmentSource
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Crime Contract verification: Admission to the October 2025 Rota
Stage 1 applicants have a final chance to join the October 2025 Duty Rotas. Compliant verification information must be submitted by 31 March 2025 HM GovernmentSource
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Call for evidence: An inspection of the Home Office’s approach to overstayers
The ICIBI invites anyone with knowledge and experience of the Home Office’s approach to overstayers to contribute to this inspection. 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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